Every 8-K that Microvast Holdings, Inc. (MVST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MVST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MVST filings page.
Microvast Holdings, Inc. (MVST) disclosed that on August 26, 2026 it received a notice from Nasdaq that its common stock failed to meet the $1.00 minimum closing bid price requirement under Nasdaq Listing Rule 5450(a)(1), after trading below that level for the last 30 consecutive trading days. The notice does not immediately affect trading and the shares remain listed, but will be flagged as non-compliant. Microvast has 180 days to regain compliance and plans to monitor its share price and explore options to restore compliance. If it cannot do so within the grace period (or any additional period it may qualify for), Nasdaq is expected to move toward delisting, which Microvast could then appeal to a Nasdaq Hearings Panel, during which time trading would typically continue.
Microvast Holdings reported Q2 2026 revenue of $87.3 million, down 4.5% from Q2 2025, with gross margin declining to 29.5% from 34.7% as higher raw material costs and lower production utilization weighed on profitability. A $2.7 million IEEPA tariff refund to a U.S. customer was recorded as a reduction of revenue.
Q2 GAAP net loss narrowed sharply to $12.0 million from $106.1 million a year earlier, mainly due to smaller fair-value losses on warrant and convertible-loan liabilities. Non-GAAP adjusted net loss was $5.3 million versus a $16.3 million profit in Q2 2025, and non-GAAP adjusted EBITDA fell to $3.6 million from $25.9 million.
For the first half of 2026, revenue was $147.9 million, down 28.8% year over year, while GAAP results showed a net profit of $36.2 million, driven by favorable fair-value movements; non-GAAP adjusted net loss was $19.9 million and adjusted EBITDA was -$1.9 million. Cash, cash equivalents and restricted cash totaled $143.1 million as of June 30, 2026, with operating cash use of $33.3 million year to date.
The company highlights ongoing capacity expansion at its Huzhou Phase 3.2 facility (expected to add up to 2 GWh of modular cell capacity) and localization of pack assembly in Clarksville, Tennessee, alongside early-stage R&D on all-solid-state and silicon–sulfur batteries. Risk disclosures note substantial doubt about its ability to continue as a going concern, potential capital-raising needs, manufacturing and supply-chain risks, and geopolitical and regulatory uncertainties.
Microvast Holdings, Inc. appointed Derek Liu as Chief Accounting Officer under an offer of employment dated August 6, 2026. He is expected to begin on or about August 7, 2026. Liu, age 56, previously served as Chief Financial Officer of Silvercorp Metals Inc. from 2015 to 2025 and of Canickel Mining Limited from 2011 to 2014, and holds advanced business and accounting credentials from institutions in Canada and China.
Under the CAO Offer Letter, Liu will receive an annual base salary of $350,000, a target annual bonus equal to 50% of base salary based on individual and company performance, and eligibility for the company’s long-term incentive plan, employee benefits and paid time off. The company states there are no appointing arrangements, family relationships or related-party transactions involving Liu that require disclosure.
Microvast Holdings, Inc. reported two key developments. Chief Executive Officer Yang Wu elected to convert the full $25.0 million principal under his convertible loan agreement into shares of Microvast common stock, in line with the agreement’s terms and following the maturity extension to May 28, 2026.
The company also disclosed that, effective May 27, 2026, Eric N. Garcia ceased to be employed as Chief Accounting Officer. Microvast’s common stock and redeemable warrants continue to trade on The Nasdaq Stock Market under the symbols MVST and MVSTW.
Microvast Holdings reported Q1 2026 financial results showing a sharp revenue decline and weaker profitability. Revenue was $60.6 million, down 48.0% from $116.5 million a year earlier, mainly due to regulatory and geopolitical pressures and delayed OEM ramps. Gross margin slipped to 31.6% from 36.9% as lower production utilization reduced fixed cost absorption.
GAAP net profit was $48.2 million, driven largely by a $63.8 million gain from changes in fair value of warrant liability and a convertible loan, but non-GAAP adjusted results showed a net loss of $14.6 million and adjusted EBITDA of negative $5.5 million versus positive $28.5 million in Q1 2025. Operating expenses declined modestly to $27.1 million. Cash, cash equivalents and restricted cash improved to $174.0 million as of March 31, 2026. Management highlights ramping the Huzhou Phase 3.2 expansion, targeting up to 2 GWh of new capacity, and launching 290Ah LFP packs and the KAF electric powertrain while aiming to maintain a “resilient” gross margin profile.
Microvast Holdings reported full-year 2025 revenue of $427.5 million, up 12.6% from 2024, with gross margin of 28.6% after a $32.5 million energy storage inventory impairment. The GAAP net loss narrowed sharply to $29.2 million from $195.5 million, while non-GAAP adjusted net profit reached $13.0 million and non-GAAP adjusted EBITDA improved to $44.7 million from a $44.8 million loss in 2024.
In Q4 2025, revenue was $96.4 million, down 15.0% year over year, and gross margin fell to 1.0% due to $29.0 million of impairment charges. Q4 GAAP net profit was $16.5 million, but non-GAAP adjusted net loss was $34.5 million. Cash, cash equivalents and restricted cash rose to $169.2 million as of December 31, 2025, from $109.6 million a year earlier.
Management expects continued revenue growth in 2026, targets maintaining a strong gross margin position, and is focused on achieving serial production at the Huzhou Phase 3.2 expansion and starting pack line operations in Clarksville, Tennessee by year-end, while pursuing high-barrier segments across EMEA, North America and APAC.
Microvast Holdings, Inc. reported leadership changes in its finance organization. The company hired Eric N. Garcia as Chief Accounting Officer, with an annual base salary of $350,000, a target bonus equal to 50% of salary, and a one-time restricted stock unit grant valued at $100,000 that vests in equal installments over three years, subject to continued employment.
Microvast also appointed Rodney Worthen, previously Interim Chief Financial Officer and Vice President of Corporate Strategy, as its permanent Chief Financial Officer. His annual base salary increases to $400,000, with a target bonus of 50% of salary, a one-time cash bonus of $30,000, and an initial restricted stock unit grant valued at $300,000, vesting in equal installments over three years, subject to continued employment. The company states there are no related-party or Item 404(a) relationships for either executive.
Microvast Holdings, Inc. furnished materials summarizing its unaudited condensed consolidated financial results for the period ended September 30, 2025. On November 10, 2025, the company announced a press release and an accompanying slideshow presentation outlining its Q3 2025 results.
The press release is provided as Exhibit 99.1 and the presentation as Exhibit 99.2. The information is furnished, not filed, and is therefore not subject to Section 18 liabilities of the Exchange Act, nor incorporated by reference into other filings except as specifically referenced.
Microvast Holdings, Inc. reported the results of its 2025 Annual Meeting of stockholders held on October 23, 2025. A total of 192,887,067 shares were present, representing approximately 59.28% of the 325,354,111 shares outstanding as of August 26, 2025.
Stockholders elected director nominee Wei Ying with 123,485,834 votes for, 13,349,205 withheld, and 55,865,084 broker non‑votes. Stockholders also approved a separate proposal with 191,591,011 for, 1,176,675 against, and 119,381 abstentions.
Microvast Holdings, Inc. entered into a Controlled Equity OfferingSM Sales Agreement that allows it to sell from time to time up to $125,000,000 of its common stock through Cantor Fitzgerald & Co. and Needham & Company, LLC as sales agents or principal. These sales will be made as at-the-market offerings under an effective shelf registration statement on Form S-3.
The company will pay the agents a commission of up to 3.0% of the aggregate gross proceeds from any sales. Microvast plans to use the net proceeds for general corporate purposes, which may include repaying or refinancing indebtedness, funding acquisitions, capital expenditures and working capital.
Microvast Holdings appointed Rodney Worthen as Interim Chief Financial Officer, effective immediately. He will continue to serve as the companys Vice President of Corporate Strategy while assuming the interim CFO responsibilities. Mr. Worthen, age 34, joined Microvast in June 2023 and has held roles including Director of Investor Relations and FP&A, Vice President of Corporate Finance, and Head of FP&A and Investor Relations.
Before joining Microvast he served as Director of Finance at Killam Holdings Company and held M&A, FP&A and engineering roles at private and publicly listed energy companies. His academic credentials include a B.S. in Mechanical Engineering, an M.S. in Engineering, an M.S. in Finance and an MBA. The filing states there are no arrangements or family relationships related to the appointment and includes Exhibit 104 (Inline XBRL cover page data).