美国
证券交易委员会
华盛顿特区20549
13D进度表
根据1934年证券交易所法案。
(修订案编号1)*
Microvast Holdings，Inc.
(发行者名称)
普通股票，每股面值为$0.0001
（证券类别的标题）
59516C106
(CUSIP号码)
阳武
Microvast Holdings, Inc.
12603西南高速公路，300号套房
德克萨斯州斯塔福特，77477
(281) 491-9505
（姓名、地址和电话号码的
人
（授权接收通知和通信的人）
2024年5月28日
(需要提交本声明的事件日期)
如曾提交13G表格报告本次13D表格所述的收购事项，并且根据第240.13d-1(e)、240.13d-1(f)或240.13d-1(g)条款提交此表格，请勾选下列框☐。
注纸本格式提交的表格应包括已签署的原件和五份副本，包括所有附件。有关需发送副本的其他交易方，请参见第240.13d-7(b)条。
* 这封封面剩余部分将用于填写提交人对于有关证券类别的初始提交表格，以及任何包含将修改以前封面页面所提供的信息的后续修订。
此封面剩余部分所需的信息将不被认为是「已提交」，不属于1934年《证券交易法》第18条的责任范围，但将受该法的所有其他条款的约束（但是， 看见 这 注释).
13D/A附表
| CUSIP编号59516C106 |
| 1 |
报告人姓名
杨武 | ||||
| 2 |
如果是集团成员，请勾选适当的方框（参见说明） (a) ☐ (b) ☐ | ||||
| 3 | 仅供SEC使用 | ||||
| 4 |
资金来源（请参阅指示） OO | ||||
| 5 | 如果根据2(d)或2(e)项所需，请勾选此选项以披露法律诉讼。 | ||||
| 6 |
公民身份或组织地点 美利坚合众国 | ||||
|
数量 所有板块 受益拥有者 所拥有 每一 报告 个人 与 |
7 |
独立投票权 140,536,953 (1) | |||
| 8 |
共享投票权 0 | ||||
| 9 |
独立处置权 138,536,953 (2) | ||||
| 10 |
共享处置权 2,000,000 (3) | ||||
| 11 |
每位报告人士拥有的总利益持有量 140,536,953 | ||||
| 12 | 检查第(11)列中的总金额是否不包括某些股份（请参阅说明） | ☐ | |||
| 13 |
PERCENt OF CLASS REPRESENTED BY AMOUNt IN ROW (11) 37.1% (4) | ||||
| 14 |
报告人类型（请参阅说明） 在 | ||||
| (1) | Includes: (i) 50,000,000 shares of common stock, par value $0.0001 per share (“普通股”), of Microvast Holdings, Inc. (the “公司”) that may be received upon the conversion of certain convertible loans in the aggregate amount of $25,000,000 (the “贷款主要余额可全部或部分地每$100,000转换为普通股，初始换股比率为每$1.00的本金可换取两股普通股；(ii)目前可行使的认股权，可购买5,500,000股普通股；(iii)申报人的子女持有的2,000,000股普通股，申报人拥有独立的表决权和共同的表决权。 |
| (2) | 不包括申报人的子女持有的2,000,000股普通股，申报人拥有独立的表决权和共同的表决权。 |
| (3) | 代表申报人子女拥有的普通股，申报人拥有独立的表决权和共同的表决权。 |
| (4) | 此比例是根据公司于2024年11月12日向证券交易委员会提交的第10-Q表的普通股总数计算的，并包括可能在可转换票据转换时收到的另外5,500,000股普通股和目前可行使的认股权所持有的5,500,000股普通股。 |
| 项目 1。 | 安防和发行人。 |
此13D表的修正案1号修订案 第1号”) supplements and amends the Statement on Schedule 13D originally filed with the Securities and Exchange Commission (the “美国证券交易委员会”) on July 27, 2021 (the “表述”). Capitalized terms used but not defined herein have the meanings given to such terms in the Statement. Except as otherwise set forth herein, the Statement is unmodified by this Amendment No. 1.
The principal executive offices of the Company are located at 12603 Southwest Freeway, Suite 300, Stafford, Texas 77477.
| 项目2。 | 身份和背景。 |
| (b) | 报告人的主要业务地址为德萨斯州Stafford市，12603 Southwest Freeway，300号套房，邮政编号77477。 |
| (c) | 公司的主要业务地址为德萨斯州Stafford市，12603 Southwest Freeway，300号套房，邮政编号77477。 |
| 项目3。 | 资金或其他考虑的来源和金额。 |
本修订案号第1项报告的证券是由报告人收到，与进入贷款协议以及发行认股权证（如下所述的每一项）有关。贷款（如下所述的第4项）所来源的资金是报告人的个人资金。
| 项目4。 | 交易目的。 |
借款协议
2024年5月28日，公司与一项贷款和安全保证协议（经过修改、修订、补充或其他形式的从时而时修改，以下简称为「借款协议」），由公司作为担保人、德拉瓦州公司Microvast，作为借款人（以下简称为「借款人」），公司直接或间接子公司，该公司是或可能从时而时成为「贷款方」之一的各直接或间接子公司（与公司一起，各为「担保人”并且共同，为“保证人” 以及借款方合称为“贷款方”并且共同，为“贷款方），作为最初的贷方（“初始贷方”，以及最初贷方允许的继承人和受让人合称为“债权人。”) and Acquiom Agency Services LLC, as administrative agent and collateral agent for all Lenders (in such capacities, and any successors and permitted assigns thereto in such capacities, “Agent”), pursuant to which the Lenders may, upon the terms and subject to the conditions stated therein, make loans to the Borrower (the “贷款”). Capitalized terms used but not defined in this Item 4 shall have the meanings given to such terms in the Loan Agreement.
The Loan Agreement provides, among other things, that the Lenders will make the Loans available to the Borrower, upon the terms and subject to the conditions stated therein, in the form of an Initial Term Loan of $12,000,000, which Initial Term Loan was funded on the Closing Date, and a Delayed Draw Term Loan of $13,000,000, which Delayed Draw Term Loan was funded on July 23, 2023, at an initial interest rate equal to Term SOFR for the applicable Interest Period, plus an initial Applicable Margin of 9.75% per annum, 3.75% of which shall be paid in kind rather than in cash. The Loans have a maturity date of November 28, 2025, which maturity date may be accelerated upon the occurrence and continuance of an Event of Default in accordance with the terms of the Loan Agreement. The Loan Agreement also provides the Lenders with the right to convert the outstanding principal balance of the Loans, in whole or in part in increments of $100,000, into shares of Common Stock at an initial conversion rate equal to two shares of Common Stock per $1.00 of principal amount of Loans to be converted.
The obligations of the Borrower under the Loan Agreement and the other Loan Documents are secured by a first priority security interest granted to the Agent, for the ratable benefit of the Lenders, by each of the Borrower and the Guarantors in and to substantially all of its assets (other than with respect to the Company, which only granted a security interest to the Agent in the shares of capital stock of the Borrower it owns).
普通股购买认股权证
In connection with its entry into the Loan Agreement, on May 28, 2024, the Company issued to the Initial Lender a warrant (the “认股权证”) exercisable, in whole or in part (in increments of 100,000 shares), for 5,500,000 shares of Common Stock (as may be adjusted in accordance with the terms of the Warrant) at an initial exercise price of $2.00 per share (as may be adjusted in accordance with the terms of the Warrant). The Warrant expires on May 28, 2029.
The foregoing descriptions of the Loan Agreement and the Warrant do not purport to be complete and are qualified in their entirety by reference to the full text of the Loan Agreement and the Warrant, which are filed as Exhibits 99.1 and 99.2, respectively, and incorporated herein by reference.
| 项目5。 | 对发行人证券的兴趣。 |
| (a) | The Reporting Person beneficially owns an aggregate of 140,536,953 shares of Common Stock, representing 37.1% of the outstanding shares of Common Stock. The aggregate percentage of Common Stock beneficially owned by the Reporting Person is calculated based upon 323,815,298 shares of Common Stock outstanding of the Company as set forth in the Company’s Quarterly Report on Form 10-Q, filed with the SEC on November 12, 2024, and includes an additional 50,000,000 shares of Common Stock that may be received upon conversion of the Loans and 5,500,000 shares of Common Stock subject to presently exercisable warrants held by the Reporting Person. |
| (b) | The Reporting Person has the sole power to vote or direct the voting of all of the 140,536,953 shares of Common Stock beneficially owned by the Reporting Person, sole power to dispose or direct the disposition of 138,536,953 shares of Common Stock beneficially owned by the Reporting Person and shared power to dispose or direct the disposition of 2,000,000 shares of Common Stock beneficially owned by the Reporting Person. |
| (c) | 除了上述事项描述的交易外，举报人在过去60天内并未进行任何普通股股票交易。 |
| (d) | 至此修正案第1号生效日期时，举报人的子女有权利收取或指示收取普通股的股息或出售由举报人受益拥有的2,000,000股普通股所得的权利。 |
| 第6项。 | 与发行人有关的合同、安排、协议或关系，涉及证券。 |
除了本修正案第1号中描述的协议外，在此日期时，举报人与公司任何人之间与公司的任何证券有关的合同、安排、理解或关系（无论是法律上还是其他方面）均无。
| 第7项。 | 应作为展品提交的资料。 |
| 99.1 | 贷款和抵押协议，日期为2024年5月28日，由Microvast Holdings, Inc.、Microvast, Inc.、Microvast Holdings, Inc.之附属公司当事人、Yang Wu和Acquiom Agency Services LLC. 签署 （依据展示10.1致公司的8-k表格，文件于2024年6月4日提交给SEC以供参考）。 |
| 99.2 | Microvast Holdings, Inc.于2024年5月28日发行的普通股购买权，由杨武订立。（根据公司于2024年6月4日向SEC提交的8-k表格当中的4.1展示文档所列外） |
签名
经过合理的调查，并据我所知和相信，我证明本声明所述的信息是真实，完整和正确的。
日期：2024年11月21日
| 杨武 |
| 签署人：杨武 |
| 姓名：杨武 |