ATLANTA, GA – – (Globe Newswire – May 25, 2023) – – Holzer & Holzer, LLC is investigating whether Microvast Holdings, Inc. (“Microvast,” or the “Company”) (NASDAQ: MVST) complied with federal securities laws. On May 24, 2023, Reuters reported that the “U.S. Energy Department canceled a $200 million grant following lawmakers’ concerns over [Microvast’s] alleged links to China.” Following this news, the price of the Company’s stock dropped.
If you purchased Microvast stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at email@example.com or Joshua Karr, Esq. at firstname.lastname@example.org, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/microvast/ to discuss your legal rights.