Tuscan Holdings Sets Stockholder Vote on Merger Deadline Extension

Microvast

Tuscan Holdings stockholders are set to vote on April 28 whether to extend the SPAC’s deadline for a completing a merger, allowing Tuscan more time to close a pending $822 million deal with Microvast.

Announced in February, the merger agreement provides $282 million in cash and an oversubscribed $540 million fully committed PIPE. Read more.

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