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Tuscan Holdings Corp Stockholders Approve Extension of the Date to Consummate Business Combination

 |  0  Tuscan Holdings Corp. (Nasdaq:THCB) (“Tuscan”) announced that at today’s reconvened 2021 Annual Meeting of Stockholders, stockholders approved the proposal to amend Tuscan’s Amended and Restated Certificate of Incorporation, as amended, to extend the date by which Tuscan must complete a business combination from April 30, 2021 to July 31, 2021. The amendment effecting this extension has been filed with the Delaware Secretary of State and extends the time for Tuscan to complete its previously announced proposed business combination with Microvast, Inc. (“Microvast”), a leading global provider of next-generation battery technologies for commercial and specialty electric vehicles participating in a $30 billion commercial EV total addressable market.

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