Investor In Battery Co. Microvast Sues Over De-SPAC Merger

By Leslie A. Pappas (February 15, 2024, 7:51 PM EST) -- Leaders of lithium-ion battery maker Microvast Holdings Inc. and the blank-check company that took it public in July 2021 were so "personally hellbent on completing the merger" for their own benefit that they deceived public investors into approving it, a shareholder alleges in a new Delaware Chancery Court suit....

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