Microvast Holdings, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $233.3M
- Price
- $0.6067
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.78%
- Volume
- 1.2M
About
Microvast Holdings, Inc. is a company that designs, develops, and manufactures advanced battery systems tailored for electric vehicles (EVs) and stationary energy storage. The company showcases vertical integration by also producing key battery components, including cathodes, anodes, electrolytes, and separators. Their product offerings feature a diverse selection of cell chemistries, such as lithium titanate oxide (LTO), lithium iron phosphate (LFP), and both first and second-generation nickel manganese cobalt (NMC). Microvast's battery solutions are utilized across a broad spectrum of commercial vehicle markets worldwide, encompassing buses, trains, mining trucks, marine and port equipment, automated guided vehicles (AGVs), specialty vehicles, and light, medium, and heavy-duty trucks. Established in 2006, the company's base of operations is in Stafford, Texas.
Quick stats
Shares outstanding384.5M
Computed float227.6M
Float / shares59.2%
Key info
SectorIndustrials
IndustryElectrical Equipment & Parts
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001760689
Websitehttps://www.microvast.com
AI Summary
AI-generated1/50
minorneutrallegal litigation
Microvast Investigation Continued: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of Microvast Holdings, Inc. - MVST
Kahn Swick & Foti announced it is continuing an investigation into whether Microvast Holdings officers and directors breached fiduciary duties, and is soliciting long-term shareholders to discuss legal rights at no cost.
The investigation stems from a November 2023 J Capital short report alleging Microvast hid the loss of a proposed $200 million DOE grant and that much of its reported sales and backlog may be fake.
The underlying securities class action survived a motion to dismiss in part; this release is law-firm marketing rather than a new issuer disclosure.
Red flags
- securities class action against company and executives survived motion to dismiss in part
- short-seller allegations of hidden DOE grant loss and potentially fabricated sales remain live litigation matters