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02 Feb
09:11

Microvast to list on Nasdaq via SPAC deal

US-based electric vehicle (EV) battery technology specialist Microvast is to list on the Nasdaq Stock Exchange following a merger with Tuscan Holdings Group, Kallanish reports. In a statement published on Monday, Microvast announced its merger with special purpose acquisition company (SPAC) Tuscan, valuing the combined company at an implied equity value of $3 billion. Upon completion of the deal, Microvast stock is expected to trade on Nasdaq under the ticker symb…
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