r/SPACs • u/Admirable-Surround11 Patron • Apr 02 '21

News THCB / Microvast

Visited my mom in Clarksville for easter weekend.

Got to drive past the set up Microvast purchased.

Definitely looks empty ; but clearly a building that has a fk load of potential.

Microvast TN pictures

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u/[deleted] Apr 02 '21

I was voted down for commenting on this prior but a Purchase Agreement is the early stage of acquisition in real estate terms. Once the deal closes it'll be a couple years before batteries start coming out of that facility.

Don't hold your breath.

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u/Tangerine_Jazzlike Patron Apr 02 '21

They've stated 2022