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REVERSE RECAPITALIZATION (Tables)
12 Months Ended
Dec. 31, 2022
Reverse Recapitalization [Abstract]  
Schedule of Ownership Interests of the Company’s Stockholders
As of the Closing Date and following the completion of the Merger, the ownership interests of the Company’s stockholders were as follows:
Shares
Existing Microvast Equity Holders(a)
209,999,991 
Existing Microvast Bridge Notes Holders6,736,106 
Tuscan public stockholders27,493,140 
Sponsor Group(b)(c)
7,608,589 
EarlyBirdCapital428,411 
PIPE investors immediately after Merger48,250,000 
Common Stock300,516,237 
(a)Excludes the Earn-Out Shares, but is inclusive of the shares being issued pursuant to the Framework Agreement to the CL Investors and MPS minority investors.
(b)The Sponsor Group includes Common Stock owned by the Sponsor, Stefan M. Selig, Richard O. Rieger and Amy Butte.
(c)
Includes 1,687,500 shares that may be subject to cancellation in accordance with the amended escrow agreement.