Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

On April 21, 2023, Maquia Capital Acquisition Corporation (the "Company") received a staff determination from the Nasdaq Stock Market ("Nasdaq") informing the Company that since it had not paid certain fees required by Listing Rule 5250(f), the Company will be delisted unless it appeals the staff determination (the "Staff Determination") in accordance with Nasdaq Listing Rules. Specifically, to appeal the Staff Determination to delist the Company's securities to the Nasdaq Hearings Panel (the "Panel") by no later than the close of business on April 28, 2023. On April 24, 2023, the Company paid the requisite listing fee, and on April 26, 2023, the Company received notice from Nasdaq that the Company has paid the applicable fee, and Nasdaq considers the matter closed.


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