Maquia Capital Acquisition Corporation Announces Pricing of

Maquia Capital Acquisition Corporation Announces Pricing of

News Highlights

Miami, FL, May 04, 2021 (News) — Maquia Capital Acquisition Corporation (the “Company”) announced today that it priced its initial public offering of 16,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading tomorrow, Wednesday, May 5, 2021, under the ticker symbol “MAQCU”. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade.  Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “MAQC,” and “MAQCW,” respectively.

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.

Kingswood Capital Markets, division of Benchmark Investments, Inc., is acting as the sole book running manager for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 2,400,000 units at the initial public offering price to cover over-allotments, if any.

The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from Kingswood Capital Markets, division of Benchmark Investments, Inc., Attn: Syndicate Department, 17 Battery Place, Suite 625, New York, New York 10004, by telephone at (212) 404-7002, by fax at (646) 861-4697, or by email at syndicate@kingswoodcm.com.

A registration statement relating to these securities has been declared effective by the Securities and Exchange Commission (“SEC”) on May 4, 2021.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all. 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 preliminary prospectus for the offering filed with the SEC, copies of which are available on the SEC’s website, www.sec.gov. 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 RuizChief Operating Officerguillermo@maquiacapital.com

  • Check the latest Business news updates and information updates.
  • Please share this news Maquia Capital Acquisition Corporation Announces Pricing of with your friends and family to support us your one share helps us a lot.
Disclaimer: If you need to edit or update this news from compsmag then kindly contact us Learn more

For Latest News Follow us on Google News


Latest Headlines
  • Show all
  • Trending News
  • Popular By week
CytoDyn’s Leronlimab Featured on OneNews in Philippines on

CytoDyn’s Leronlimab Featured on OneNews in Philippines on

News HighlightsDrs. Pourhassan, Recknor, Seethamraju and Nicolas will appear in a one-hour segment beginning at 5:00 pm PT / 8:00 pm ET, Sunday, May 9 ...
Will we see authorized cryptographic providers?

Will we see authorized cryptographic providers?

By publishing the draft declaration, the FSCA is attempting to tweak the application of the FAIS Act so that it now applies to crypto assets in the same way as ...
AgriBank reports financial results for the first quarter of 2021 |  News

AgriBank reports financial results for the first quarter of 2021 | News

AgriBank’s credit quality reflects the overall financial strength of District Associations and their underlying portfolios of retail loans, which generally ...
Metro Exodus Confirms Release Date for Next Generation Update, New Features

Metro Exodus Confirms Release Date for Next Generation Update, New Features

Although many assumed Metro Exodus was something of a send-off to the franchise, 4A Games is allegedly working on a follow-up. Although it’s still in early ...
FACT Coalition offers project to Biden administration to implement historic reform against money laundering – YubaNet

FACT Coalition offers project to Biden administration to implement historic reform against money laundering – YubaNet

During the legislative process, the law garnered the support of a powerful alliance of ideologically-diverse constituencies – many of whom have weighed in ...
New Biden plan would provide health insurance to 58,000 in Alabama, says the White House

New Biden plan would provide health insurance to 58,000 in Alabama, says the White House

Biden has made moves to strengthen the Affordable Care Act during his first few months in office. He created a special open enrollment period designed for ...
Ohio babysitter Caught on Camera Abusing Toddler

Ohio babysitter Caught on Camera Abusing Toddler

Now, that babysitter is facing charges, accused of repeatedly hitting the child. After realizing something was wrong with their toddler, an Ohio family ...
Nasdaq Approves Bitfarms Application to List

Nasdaq Approves Bitfarms Application to List

News Highlights ...
Hood: Outlaws and Legends Game Pass: Is it available on Xbox and PC?

Hood: Outlaws and Legends Game Pass: Is it available on Xbox and PC?

Is Hood: Outlaws and Legends coming to Game Pass for Xbox consoles? Hood: Outlaws and Legends is an ambitious new multiplayer heist game that takes place ...
Show next
Compsmag - Latest News from tech, business and health
Logo