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Tuscan Holdings Corp. (THCB)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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11.54-0.58 (-4.79%)
At close: 4:00PM EDT

11.50 -0.04 (-0.35%)
After hours: 7:59PM EDT

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  • J
    Jacob
    So the extensions was passed. Anything needed now to finally merge?
  • K
    Kieran
    What time will we get the news today?
  • L
    Lee
    Approved!"
  • e
    ephraim
    Extension has been approved
  • j
    joseph
    Today may be last chance to add at this discounted price pre merger. Just my opinion. Once complete, the news will trickle out. Then forget about it. I always use QS as an example. I know they’re way off their highs now. But business model doesn’t even compare to microvast. Keep your eyes on the Oshkosh investment. $$
  • D
    DENNY
    Shorts are covering before the Mondays opening. They know i'ts going to pop on Monday.
    Bullish
  • A
    Anthony
    $15+ next week
  • C
    Crusher 4 U
    I will loose a lot if the merger don't happen...I am confident but a bit nervous.
  • H
    HotMess Tortuga (Ro)
    Extension passed, clearing way for the merger in June
  • A
    Anthony
    Here’s what’s going to happen. Monday extension will pass, USPS contract to be solidified in near future, govt to provide billions in funding to EV, Microvast will update on the Tennessee plant they’re building in 2022…. MVST will run hard at some point even if it dips. I plan to offload my options on the first pop next week hopefully and keep my shares long term.
  • C
    Chris
    its either 🚀 or 🚑 no inbetween now. im in. looking forward to seeing a happy crowd monday
  • r
    rhino
    what is the link to hear/view the call today?
  • K
    Kieran
    Can we attend the shareholders meeting on the 10th?
  • H
    HotMess Tortuga (Ro)
    Cant wait till Monday!! Big news. Am expecting a rubber stamp. Then a merger in june. Then off to the races once the battery or tech index funds add this to their index (that is nice steady buy pressure) post-merger...
  • A
    Anthony
    This paragraph is CRUCIAL. Essentially means that they can buy up the shares they need in order to make it pass.
    “ The Company is proposing the Adjournment Proposal to allow the Company to adjourn the annual meeting to a later date or dates to give the Company more time to effectuate the Extension for whatever reason, including to provide additional time to seek approval of the Extension Amendment Proposal. During any such adjournment, the Company’s officers, directors and initial stockholders may make purchases of public shares or other arrangements that would increase the likelihood of obtaining a favorable vote on the Extension Amendment Proposal and/or decrease the number of public shares seeking conversion in connection with the Extension Amendment Proposal.
    If the Adjournment Proposal is presented to the annual meeting and is not approved by the stockholders, the Company may not be able to adjourn the annual meeting to a later date or dates if necessary. In such event, the Extension may not be effectuated.
  • G
    GDP
    Curious of your thoughts. in 2020, this thing wouldve run up big time pre-merger (I mean it did upon DA). Given the current market, I wonder 1) how high this will go upon merger 2) how/if this will drop post merger. on the one hand, it's only trading 20% above NAV so how much lowe could it go...but then look at most SPACs now I wouldn't be surprised if this runs up, then drops again to 10-12. I'm sure that's not a popular opinion but curious. my cost basis is 16 (fml) so I'm looking to maybe add to average down for the long term.
  • J
    Jumpshot Johnny
    why are we not going up? the news broke that the extension was passed. this is bullish good news.
    Bullish
  • L
    Lee
    original quorum was 65%, 53.47% were represented today. they have simply changed it to a majority by May 1st of 14th at latest. so it's essentially passed already at 53.47%
  • S
    SPEED
    everything electric getting hit again and again and again. Time to BUY.
  • B
    Bobbafet
    Remember guys QS has a 14 bil market cap right now. It went up to over $100 per share. QS is not even producing revenues and still in development till 2025 maybe even later. Microvast can go x4 times at least or even skyrocket to $100. Already producing revenue and intent to build another plant in Tennessee. I'm definitely long.
    Bullish