---
schema_version: "secwatch.filing_event.v1"
accession: "0001760689-24-000021"
form_type: "8-K"
ticker: "MVST"
cik: "0001760689"
company_name: "Microvast Holdings, Inc."
filed_at: "2024-06-04T23:59:59+00:00"
generated_at: "2026-06-01T06:34:55.641347+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Microvast enters $25M loan with CEO; warrant for 5.5M shares at $2.00

## Summary
- $12M initial term loan funded; $13M delayed draw available until July 8, 2024.
- Interest rate: Term SOFR + 9.75% p.a.; 3.75% paid in kind. Matures Nov 28, 2025.
- CEO Yang Wu is sole lender; receives warrant for 5,500,000 shares at $2.00/share (expires May 28, 2029).
- Lenders may convert outstanding principal to common stock at 2 shares per $1.00 of principal.
- Obligations secured by substantially all assets of borrower and guarantors.

## SEC filing metadata
- accession: 0001760689-24-000021
- form_type: 8-K
- ticker: MVST
- cik: 0001760689
- company_name: Microvast Holdings, Inc.
- filed_at: 2024-06-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760689/000176068924000021/0001760689-24-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760689/000176068924000021/mvst-20240603.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001760689-24-000021
- JSON: https://secwatch.observer/filing/0001760689-24-000021.json
- Plain text: https://secwatch.observer/filing/0001760689-24-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.