Robbins LLP Reminds MVST Investors That a Class Action Lawsuit was Filed Against Microvast Holdings, Inc. Following a 34.2% Decline in the Company's Stock Price

San Diego, California--(Newsfile Corp. - September 8, 2026) - Robbins LLP reminds investors that a securities class action has been filed on behalf of all persons and entities who purchased or otherwise acquired Microvast Holdings, Inc. (NASDAQ: MVST) securities between April 1, 2025 and March 16, 2026, inclusive (the "Class Period"). The lawsuit alleges that Microvast Holdings, Inc. misled investors about its ability to achieve targeted profit margins and complete the expansion of its Huzhou, China manufacturing facility on schedule. Investors who purchased MVST securities during the Class Period and suffered losses may have legal rights. Investors seeking appointment as lead plaintiff must act by September 21, 2026 . Listen to our podcast . What Is the Microvast Class Action About? According to the complaint, Microvast represented that it was repositioning its business toward more profitable, higher-value opportunities and that its Huzhou Phase 3.2 manufacturing expansion would increase production capacity and be operational before the end of 2025. The complaint alleges that Microvast also told investors to expect improving profit margins based on its strategic repositioning away from lower-margin business segments. According to plaintiff, Microvast failed to disclose material information concerning its ability to achieve those objectives. Specifically, the complaint alleges that: Microvast overstated its ability to achieve its margin targets; inventory management issues negatively affected the Company's financial performance; delays in commercial vehicle rollouts by Microvast's customers affected the Company's expected results; and Microvast overstated its ability to complete the Huzhou Phase 3.2 expansion by the end of 2025. The lawsuit alleges that these undisclosed issues made Microvast's statements concerning its margins, production capacity, growth prospects, and financial outlook materially misleading. Why Did MVST Stock Fall? According to the complaint, a series of disclosures revealed problems with Microvast's financial performance, production expansion, and customer demand. The final alleged corrective disclosure occurred on March 16, 2026, when Microvast reported financial and operating results for the quarter and year ended December 31, 2025. The March 16, 2026, disclosure included: gross margin of approximately 1%, down from approximately 36% year-over-year; inventory impairment charges related to specialized ESS components; quarterly revenue of approximately $96.5 million amounting to a 15% year-over-year decline in revenue, well below the approximately $136.4 million consensus estimate; and customer platform ramp-up delays and regulatory challenges affecting sales. On March 17, 2026, MVST declined approximately 34.2%, closing at $1.52 per share. Who May Be Eligible to Participate in the Microvast Class Action? Investors who purchased or otherwise acquired Microvast Holdings, Inc. (NASDAQ: MVST) securities between April 1, 2025 and March 16, 2026, may be eligible to participate in the proposed securities class action. If you purchased MVST securities during the Class Period and suffered losses, you may have rights under the federal securities laws. What Is a Lead Plaintiff? The lead plaintiff is a representative investor appointed by the court to act on behalf of other members of the proposed class and help direct the litigation. Investors do not have to become lead plaintiff to potentially participate in any recovery obtained through the litigation. The deadline to seek appointment as lead plaintiff is September 21, 2026 . Does it Cost Anything to Participate? No, investors pay no attorneys' fees or litigation expenses. Contact Robbins LLP Investors seeking additional information about the Microvast securities class action may submit an inquiry , email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. About Robbins LLP A recognized leader in shareholder rights litigation, Robbins LLP has helped restore more than $1 billion in value to shareholders and secured some of the largest recoveries in shareholder derivative litigation history. "Behind everything we do is the belief that companies should be governed responsibly, fiduciaries should be held accountable, and shareholders deserve transparency and fairness," said Brian J. Robbins, Founding Partner of Robbins LLP. To be notified if a class action against Microvast Holdings, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. Contact: Aaron Dumas, Jr. Robbins LLP 5060 Shoreham Pl., Ste. 300 San Diego, CA 92122 [email protected] (800) 350-6003 www.robbinsllp.com Facebook LinkedIn To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313419 Source: Robbins LLP