Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

MAQUIA CAPITAL ACQUISITION CORPORATION

(MAQC)
SummaryQuotesChartsNewsCompanyFinancialsFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news
Days
:
Hours
:
Minutes
:
Seconds

Maquia Capital Acquisition : Confirms Additional Funding and Extension of Deadline to Complete Initial Business Combination - Form 8-K

08/09/2022 | 08:06am EST

Maquia Capital Acquisition Corporation Confirms Additional Funding

and Extension of Deadline to Complete Initial Business Combination

Miami, FL, August 8, 2022 (GLOBE NEWSWIRE) - Maquia Capital Acquisition Corporation (NASDAQ: MAQC) (the "Company") announced today that its sponsor, Maquia Investments North America, LLC (the "Sponsor"), has deposited an additional payment in the aggregate of $1,730,971.90 (representing $0.10 per public share) (the "Extension Payment") into the Company's trust account for its public stockholders. This deposit enables the Company to extend the date by which the Company has to complete its initial business combination from August 7, 2022 to November 7, 2022 (the "Extension"). The Extension is the second of two three-month extensions permitted under the Company's governing documents.

The Sponsor has loaned an aggregate of $3,461,943.80 to the Company to support the two extensions, $1,500,000 of which loan is convertible, at the Sponsor's discretion, into units identical to the units issued in the Company's private placement that was consummated in connection with the Company's initial public offering.

About Maquia Capital Acquisition Corporation

The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to focus its search on technology-focused middle market and emerging growth companies in North America. The Company is led by Chief Executive Officer, Jeff Ransdell, Chief Financial Officer, Jeronimo Peralta, Chief Operating Officer, Guillermo Cruz, and Chief Investment Officer, Maggie Vo.

Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the Securities and Exchange Commission ("SEC"). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

Guillermo Eduardo Cruz Ruiz

Chief Operating Officer

guillermo@maquiacapital.com

Disclaimer

Maquia Capital Acquisition Corporation published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 12:05:08 UTC.


ę Publicnow 2022
All news about MAQUIA CAPITAL ACQUISITION CORPORATION
11/16Maquia Capital Acquisition Corp : Entry into a Material Definitive Agreement, Creation of ..
AQ
11/14Maquia Capital Acquisition Corporation announced that it has received $0.955748 million..
CI
11/10MAQUIA CAPITAL ACQUISITION CORP Management's Discussion and Analysis of Financial Cond..
AQ
11/10Maquia Capital Acquisition Corporation Reports Earnings Results for the Third Quarter a..
CI
11/09Maquia Capital Acquisition Corp : Amendments to Articles of Inc. or Bylaws; Change in Fisc..
AQ
11/03Maquia capital acquisition corporation announces adjournment of the special meeting of..
GL
11/03Maquia capital acquisition corporation announces adjournment of the special meeting of..
AQ
11/02Maquia Capital Acquisition Corp : Other Events, Financial Statements and Exhibits (form 8-..
AQ
11/02Maquia capital acquisition corporation announces increasing its contribution to trust a..
GL
11/02Maquia capital acquisition corporation announces increasing its contribution to trust a..
AQ
More news
Financials (USD)
Sales 2021 - - -
Net income 2021 6,38 M - -
Net cash 2021 0,48 M - -
P/E ratio 2021 27,4x
Yield 2021 -
Capitalization 237 M 237 M -
EV / Sales 2020
EV / Sales 2021 -
Nbr of Employees -
Free-Float 30,6%
Chart MAQUIA CAPITAL ACQUISITION CORPORATION
Duration : Period :
Maquia Capital Acquisition Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Jeff Ransdell Chief Executive Officer
Jeronimo Peralta del Valle Chief Financial Officer
Guillermo Cruz Reyes Chief Operating Officer
Guillermo Edward Cruz Chief Operating Officer
My Vu Thuy Vo Chief Investment Officer
Sector and Competitors
1st jan.Capi. (M$)
MAQUIA CAPITAL ACQUISITION CORPORATION5.38%237
INVESTOR AB (PUBL)-15.47%56 286
CK HUTCHISON HOLDINGS LIMITED-13.72%21 715
HAL TRUST-12.14%11 487
GROUPE BRUXELLES LAMBERT SA-21.50%11 359
AB INDUSTRIVÄRDEN (PUBL)-8.01%10 803