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Hi guys, I got a request on stocktwits i guess for people that

didn't want to research this ticker


(THBC) TUSCAN HOLDINGS CORP BLANK
The Special Purpose Acquisition Company (SPAC) will fund the
merger by raising $200 million from new equity issues,
Bloomberg’s sources suggested. Reportedly, the merger would
create a new entity with a total valuation exceeding $2 billion.
Green: Bullish+lets talk bout it
ALL BOLD IS IMPORTANT BUT MOST OF IT IS NICE TO KNOW IF
YOU WANT TO BE LONG

They are in talks with MICROVAST which, a couple brokers even


stated that it actually is a done deal, but things can be lost in
translation,they will have to extend for a DA(Definitive
Agreement) for the merger acquisition(DECEMBER 3rd
DEADLINE). BECAUSE THEY ARE A SPAC THAT IS NEARING THEIR
EXPIRATION FOR ACQUIRING A STOCK, 2 YEARS, WHEN THEY
DO THE 90 DAY EXTENSION THAT MEANS THEY ARE TRUSTING
IT TO HAPPEN OR ELSE WHY EXTEND. GET IT? IT IS A GIVEN 13$
STOCK THAT IS A HUGE BATTERY EV COMPANY, UNDERVALUED.

ALL WE HAVE HEARD BETWEEN THESE TWO


COMPANIES
BY TUSCAN (THCB)
"Microvast has a compelling financial profile, with significant
historical revenues as well as projected growth and
profitability(I can post that in end if i dont just ask but it is
GOOD). With its battery technology installed in over 28,000
vehicles worldwide, an impressive, growing list of global OEM
customers, and a strategic partnership with Fiat Power Train
Industrial, Microvast is a proven technology leader driving the
mass adoption of EVs. We are excited to partner with Mr. Wu
and his experienced team and believe the valuation negotiated
provides long term intrinsic value to Tuscan shareholders. We
look forward to supporting Microvast in its next phase of
growth as a public company," said Stephen Vogel, Chairman
and CEO of Tuscan.

BY MICROVAST CEO
Yang Wu, Microvast's founder, Chairman and CEO added: "Our
potential transition into a public company will help continue to
fuel our design and development of market-leading ultra-fast
charging, long-life battery power systems. Microvast expects to
generate over $100 million of revenue this financial year. With
the automotive technology experience and capital this
transaction with Tuscan
is intended to
provide, we are confident we can build
upon our established success and
accelerate our growth in the electric
vehicle battery industry."

For now I will further explain what MICROVAST is

MICROVAST has majority owned joint ventured


companies( CHINA STATE GRID + Hengtong eBus Power
Systems Co. Ltd. ) TWO SUCCESSFUL COMPANIES
CEO= Wu Yang:Wu is a visionary leader and entrepreneur with
over 20 years of experience in entrepreneurship and technology
development
Microvast, whose batteries powered the electric buses used in
the 2018 Winter Olympic Games in Pyeongchang, South Korea,
expects to generate more than $100 million in revenue this
financial year, its founder Yang Wu said in a statement.

Read below for Info about them and Microvast


Founded in 2006 by Wu Yang, Microvast, Inc. is a completely vertically integrated
solutions for
advanced power and technology company. Microvast offers advanced power

applications such as electric vehicles, grid scale energy


storage, and industrial products. Microvast advanced LpTO
batteries operate with high charge and discharge rates making
them ideal for route based electric vehicle and grid scale
energy storage applications.

Apr 30, 2012


Microvast Opens World’s First Ultra-fast Charging Station
Microvast is pleased to announce that the world’s first
commercial, ultra fast charge, electric vehicle charging station
began operations today. The electric bus charging station was
jointly developed by Microvast and the China State
Grid and is operated in Chongqing, China, where traditional
bus commuter traffic exceeds 4 million rides per day ( in
2012.... lol, much more now)
Each charger fills the bus battery in 5 to 10 minutes, functioning
like a conventional gas station as opposed to a typical “Park &
Charge” charging station
About CHINA STATE GRID

State Grid Corporation of China is the largest electric utility in the world.
For distribution, it has subsidiaries in Northern, Northeastern, Eastern, Central, and Northwestern China.
It was ranked seventh of the world’s largest companies by revenue in the 2011 Fortune Global 500 list.

Current companys locations


and progressions 2014-2021
Microvast Locations
USA,CHINA,GERMANY, UK
In the early half of 2019, Microvast made new
breakthroughs by entering Russia, South Korea,
Kazakhstan, India, Thailand, New Zealand,
Singapore, etc.
It is revealed that its overseas revenue this year is
expected to triple compared with that in 2018
thanks to its impressive expansion in Southeast
Asian market.
The battery maker completed building a
production facility in Ludwigsfelde,
Germany in July, Inas reported by Electrive.
Operations in this facility are expected to
commence in March 2021.
Ludwigsfelde is close to Brandenburg — a
state that is attracting electric carmakers
and battery producers alike. Tesla Inc’s
is building a technologically advanced and high-
volume production unit. Whereas, the German
multinational company BASF SE
BASFY
is also setting up a production site to make battery
materials, as per Reuters.
The International Airport Charging Station is the
first of multiple planned (AND FINISHED BELOW)charging
stations scheduled for Chongqing as part of the cities investment plan to develop an advanced
electric public transport system with more than 1000 ultrafast charge EV buses. “The Chongqing Fast
Charge Technology is an
important piece of Microvast’s innovative CCT (Clean
City Transit) Solution. Our technology, evaluated and demonstrated
over the last year in six (6) prototype buses, is now ready for
commercial operation in Chongqing. The prototype buses have each
driven more than 25,000 miles and we are confident in their
continued performance. By operating this new fast charge station,
more and more people will take advantage of our green technology
and move towards zero emissions,” said Wu Yang, President and CEO
of Microvast, Inc.

HT eBus Power Systems Co., Ltd. has delivered 125


buses so far this year, and will produce up to 1,000 BEV
and PHEV buses for Chongqing, equipped with
Microvast’s fast charging technology

The ultrafast charge station is FINISHED AND located


at the Chongqing International Airport New
Development Zone and is utilized by a fleet of more
than 30 full electric transit buses and additional
plug-in hybrid electric buses. The buses carry
passengers from nearby high technology
manufacturing areas to residential areas on 20 mile
route and are powered by ultrafast charge
Microvast LpTO batteries manufactured by
Microvast Power Systems Co., Ltd., a Microvast
subsidiary.

Forward Looking PR : With Microvast’s ultrafast charging


technology, each bus takes only a few minutes to completely
charge after each route; charging for the buses takes place
multiple times each day as the buses transport passengers.
According to Lei Bingnan from Microvast, the company has
already established cooperative ties with two major bus makers
in India
In the early half of this year, Microvast made new
breakthroughs by entering Russia, South Korea, Kazakhstan,
India, Thailand, New Zealand, Singapore, etc.
Since its establishment, Microvast has been actively involved in
the overseas expansion. In 2014, it officially entered London by
securing an order for providing batteries to 1,000 units double-
deckers. Later, it entered Germany, Belgium, Netherlands, etc.
BULLISH PIC ^ ONE OF MANY JUST SCROLL DOWN AND

SEE ALL THE NEWS


OVER PAST YEARS
http://m.chinabuses.or
g/index.php?
q=microvast&m=wap&
c=search&a=init&refere
r=&siteid=1&dosubmit
=
THE Link ABOVE IS THE BEST ONE I HAVE FOUD
ABOUT MICROVAST SO FAR.
I WILL POST OTHERS BELOW VERY GOOD
STUFF FOR MICROVAST I LIKE
http://m.chinabuses.org/news/11852.html INDIA MICROVAST

http://m.chinabuses.org/news/11675.html 300 DAYS OF SMOOTH OPERATION IS BULLISH ASF

http://m.chinabuses.org/news/11603.html ALPHA NEWS

http://m.chinabuses.org/news/11481.html bull news

http://www.microvast.com/index.php/about MICROVAST BUT THEY DONT SEEM TO CARE ABOUT THEIR


WEBSITE.
PICS ATTACHED BELOW FOR SOME DD AND INSIGHTFUL REDDIT
COMMENTS 75% INSTITUTIONAL OWNERSHIP MEANS 75% OF
THE VOTES WILL BE TUTES FOR MERGER/EXTENSION/ SO ITS A
GIVEN THERE TOO

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