Posted 28 July, 2021
Microvast Holdings, Inc. appointed new CEO
CEO Change detected for ticker Nasdaq:MVST in a 8-K filed on 28 July, 2021.
In connection with the Merger, Microvast entered into individual employment agreements with the Chief Executive Officer, Chief Financial Officer and Chief Technology Officer, each to be assumed by the Company effective as of the Closing.
Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of Microvast Holdings, Inc.
Industrial Goods • Industrial Electronics
Microvast Holdings, Inc. is an advanced battery technology company. It engages in the business of designing, developing, and manufacturing battery components and systems primarily for electric commercial vehicles and utility-scale energy storage systems. The company was founded by Yang Wu on October 12, 2006 and is headquartered in Stafford, TX.Market Cap
$247M
View Company Details
$247M
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The information set forth under "Item 2.01 Completion of Acquisition or Disposition of Assets-Directors" and "Item 2.01 Completion of Acquisition or Disposition of Assets-Executive Officers" of this Current Report on Form 8-K is incorporated herein by reference. Executive Employment Agreements In connection with the Merger, Microvast entered into individual employment agreements with the Chief Executive Officer, Chief Financial Officer and Chief Technology Officer, each to be assumed by the Company effective as of the Closing. The information set forth under "Item 2.01. Completion of Acquisition or Disposition of Assets-Employment Agreements" is incorporated herein by reference. 25
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