Maquia Capital Acquisition Corporation announced a private placement of non-convertible promissory note in the principal amount of up to $150,000 to Maquia Investments North America, LLC on August 2, 2023. The working capital note bears no interest and is due and payable upon the earlier to occur of the date on which the company?s initial business combination is consummated and the liquidation of the company. The note was issued pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.