Maquia Capital Acquisition in an 8-K filing said its sponsor has deposited $1.7 million (10 cents a share) into the SPAC’s trust to extend its merger deadline until Nov. 7.
This is the second of two three-month extensions permitted under the company’s governing documents.
Maquia is targeting technology-focused middle market and emerging growth companies in North America. The SPAC raised $160 million in a May 2021 IPO. Read more.
