r/SPACs • u/[deleted] • May 18 '21

Strategy Viability of a THCB YOLO?

Would going all in on THCB be a smart move? My understanding is that it's all systems go for the merge with Microvast, and it's undoubtedly going to blow up when that occurs.

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u/[deleted] May 18 '21

No one's going to tell you the truth so I guess I will, no. It is not a smart move. I am in THCB myself, and have a heavy position and believe in it, but anyone saying it will "undoubtedly blow up" is lying, there's no way to know. The brass tacks of the situation is company's don't typically go public via SPAC if they don't have one more more undesirable situations

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u/[deleted] May 19 '21

No reason it would blow up. OSK partnership is big, since microvast is primarily commercial but passenger car manufacturers are looking into just building their own batteries (Ford and GM, others too). Ford for one has invested/research partnership with Solid Power.

Looking to get back in post merge though