美國
證券交易委員會
華盛頓特區20549
13D進度表
根據1934年證券交易所法案。
(修訂案編號1)*
Microvast Holdings，Inc.
(發行者名稱)
普通股票，每股面值為$0.0001
（證券類別的標題）
59516C106
(CUSIP號碼)
陽武
Microvast Holdings, Inc.
12603西南高速公路，300號套房
德克薩斯州斯塔福特，77477
(281) 491-9505
（姓名、地址和電話號碼的
人
（授權接收通知和通信的人）
2024年5月28日
(需要提交本聲明的事件日期)
如曾提交13G表格報告本次13D表格所述的收購事項，並且根據第240.13d-1(e)、240.13d-1(f)或240.13d-1(g)條款提交此表格，請勾選下列框☐。
註紙本格式提交的表格應包括已簽署的原件和五份副本，包括所有附件。有關需發送副本的其他交易方，請參見第240.13d-7(b)條。
* 這封封面剩餘部分將用於填寫提交人對於有關證券類別的初始提交表格，以及任何包含將修改以前封面頁面所提供的信息的後續修訂。
此封面剩餘部分所需的信息將不被認為是「已提交」，不屬於1934年《證券交易法》第18條的責任範圍，但將受該法的所有其他條款的約束（但是， 看見 這 註釋).
13D/A附表
| CUSIP編號59516C106 |
| 1 |
報告人姓名
楊武 | ||||
| 2 |
如果是集團成員，請勾選適當的方框（參見說明） (a) ☐ (b) ☐ | ||||
| 3 | 僅供SEC使用 | ||||
| 4 |
資金來源（請參閱指示） OO | ||||
| 5 | 如果根據2(d)或2(e)項所需，請勾選此選項以披露法律訴訟。 | ||||
| 6 |
公民身份或組織地點 美利堅合眾國 | ||||
|
數量 所有板塊 受益擁有者 所擁有 每一 報告 個人 與 |
7 |
獨立投票權 140,536,953 (1) | |||
| 8 |
共享投票權 0 | ||||
| 9 |
獨立處置權 138,536,953 (2) | ||||
| 10 |
共享處置權 2,000,000 (3) | ||||
| 11 |
每位報告人士擁有的總利益持有量 140,536,953 | ||||
| 12 | 檢查第(11)列中的總金額是否不包括某些股份（請參閱說明） | ☐ | |||
| 13 |
PERCENt OF CLASS REPRESENTED BY AMOUNt IN ROW (11) 37.1% (4) | ||||
| 14 |
報告人類型（請參閱說明） 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 “貸款主要餘額可全部或部分地每$100,000轉換為普通股，初始換股比率為每$1.00的本金可換取兩股普通股；(ii)目前可行使的認股權，可購買5,500,000股普通股；(iii)申報人的子女持有的2,000,000股普通股，申報人擁有獨立的表決權和共同的表決權。 |
| (2) | 不包括申報人的子女持有的2,000,000股普通股，申報人擁有獨立的表決權和共同的表決權。 |
| (3) | 代表申報人子女擁有的普通股，申報人擁有獨立的表決權和共同的表決權。 |
| (4) | 此比例是根據公司於2024年11月12日向證券交易委員會提交的第10-Q表的普通股總數計算的，並包括可能在可轉換票據轉換時收到的另外5,500,000股普通股和目前可行使的認股權所持有的5,500,000股普通股。 |
| 項目 1。 | 安防和發行人。 |
此13D表的修正案1號修訂案 第1號”) supplements and amends the Statement on Schedule 13D originally filed with the Securities and Exchange Commission (the “美國證券交易委員會”) 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.
| 項目2。 | 身份和背景。 |
| (b) | 報告人的主要業務地址為德薩斯州Stafford市，12603 Southwest Freeway，300號套房，郵政編號77477。 |
| (c) | 公司的主要業務地址為德薩斯州Stafford市，12603 Southwest Freeway，300號套房，郵政編號77477。 |
| 項目3。 | 資金或其他考慮的來源和金額。 |
本修訂案號第1項報告的證券是由報告人收到，與進入貸款協議以及發行認股權證（如下所述的每一項）有關。貸款（如下所述的第4項）所來源的資金是報告人的個人資金。
| 項目4。 | 交易目的。 |
借款協議
2024年5月28日，公司與一項貸款和安全保證協議（經過修改、修訂、補充或其他形式的從時而時修改，以下簡稱為「借款協議」），由公司作為擔保人、德拉瓦州公司Microvast，作為借款人（以下簡稱為「借款人」），公司直接或間接子公司，該公司是或可能從時而時成為「貸款方」之一的各直接或間接子公司（與公司一起，各為「擔保人”並且共同，為“保證人” 以及借款方合稱為“貸款方”並且共同，為“貸款方），作為最初的貸方（“初始貸方”，以及最初貸方允許的繼承人和受讓人合稱為“債權人。”) 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 “貸款”). 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).
普通股購買認股權證
In connection with its entry into the Loan Agreement, on May 28, 2024, the Company issued to the Initial Lender a warrant (the “認股權證”) 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。 | 對發行人證券的興趣。 |
| (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) | 除了上述事項描述的交易外，舉報人在過去60天內並未進行任何普通股股票交易。 |
| (d) | 至此修正案第1號生效日期時，舉報人的子女有權利收取或指示收取普通股的股息或出售由舉報人受益擁有的2,000,000股普通股所得的權利。 |
| 第6項。 | 與發行人有關的合同、安排、協議或關係，涉及證券。 |
除了本修正案第1號中描述的協議外，在此日期時，舉報人與公司任何人之間與公司的任何證券有關的合同、安排、理解或關係（無論是法律上還是其他方面）均無。
| 第7項。 | 應作為展品提交的資料。 |
| 99.1 | 貸款和抵押協議，日期為2024年5月28日，由Microvast Holdings, Inc.、Microvast, Inc.、Microvast Holdings, Inc.之附屬公司當事人、Yang Wu和Acquiom Agency Services LLC. 簽署 （依據展示10.1致公司的8-k表格，文件於2024年6月4日提交給SEC以供參考）。 |
| 99.2 | Microvast Holdings, Inc.於2024年5月28日發行的普通股購買權，由楊武訂立。（根據公司於2024年6月4日向SEC提交的8-k表格當中的4.1展示文檔所列外） |
簽名
經過合理的調查，並據我所知和相信，我證明本聲明所述的信息是真實，完整和正確的。
日期：2024年11月21日
| 楊武 |
| 簽署人：楊武 |
| 姓名：楊武 |