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Reverse Recapitalization (Tables)
12 Months Ended
Dec. 31, 2021
Reverse Recapitalization [Abstract]  
Schedule of ownership interests of the company’s stockholders
 

Shares

Existing Microvast Equity Holders(a)

 

209,999,991

Existing Microvast Bridge Notes Holders

 

6,736,106

Tuscan public stockholders

 

27,493,140

Sponsor Group(b)(c)

 

7,608,589

EarlyBirdCapital

 

428,411

PIPE investors immediately after Merger

 

48,250,000

Common Stock

 

300,516,237

(a)      Excludes the Earn-Out Shares, but is inclusive of the shares being issued pursuant to the Framework Agreement to the CL Investors and MPS minority investors.

(b)      The Sponsor Group includes Common Stock owned by the Sponsor, Stefan M. Selig, Richard O. Rieger and Amy Butte.

(c)      Includes 1,687,500 shares that may be subject to cancellation in accordance with the amended escrow agreement.