MICROVAST ALERT: Bragar Eagel & Squire, P.C. is Investigating Microvast Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
Microvast Holdings, Inc. (MVST)
Company Research
Source: GlobeNewswire
NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Microvast Holdings, Inc. (NASDAQ: MVST) on behalf of long-term stockholders following a class action complaint that was filed against Microvast on December 5, 2023 with a Class Period from October 19, 2022 to November 20, 2023. Our investigation concerns whether the board of directors of Microvast have breached their fiduciary duties to the company. In October 2022, the United States Department of Energy (“DOE”) conditionally selected Microvast for a proposed $200 million grant to help fund a proposed polyaramid separator production facility (the “Grant”). Polyaramid is a high-temperature resistant synthetic polymer, and a polyaramid separator is an insulating film used in high-capacity lithium-ion batteries. On May 22, 2023, after the market closed, Reuters reported the DOE would not award Microvast the Grant. In a
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MVST
News
- Analysts Estimate Microvast Holdings, Inc. (MVST) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]Yahoo! Finance
- Microvast Schedules First Quarter Earnings CallBusiness Wire
- Microvast Holdings, Inc. (NASDAQ: MVST) had its price target lowered by analysts at HC Wainwright from $8.00 to $3.00. They now have a "buy" rating on the stock.MarketBeat
- Microvast Holdings, Inc. (NASDAQ:MVST) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Microvast Holdings, Inc. (NASDAQ: MVST) had its price target lowered by analysts at Oppenheimer Holdings Inc. from $8.00 to $4.00. They now have an "outperform" rating on the stock.MarketBeat
MVST
Earnings
- 4/1/24 - Beat
MVST
Sec Filings
- 5/3/24 - Form 8-K
- 4/24/24 - Form 8-K
- 4/12/24 - Form 8-K
- MVST's page on the SEC website