Streetbeat News

MAQCU

Maquia Capital Acquisition Corporation

Industry

Shell Companies

Maquia Capital Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on technology-focused middle market and emerging growth companies in North America. Maquia Capital Acquisition Corporation was incorporated in 2020 and is based in Miami, Florida.

Open

11.02

Mkt cap

55M

Volume

High

11.02

P/E Ratio

26.55

52-wk high

11.50

Low

11.02

Div yield

N/A

52-wk low

10.91

Immersed Inc., a provider of spatial computing software, is set to go public on Nasdaq via a merger with Maquia Capital Acquisition Corp. (NASDAQ:MAQCU). The transaction values Immersed at $150 million. The proceeds will be used to complete the development of its AI assistant, 'Curator', and its lightweight headset, 'Visor'. Post-merger, the company will trade under the ticker symbol 'AIMR'.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 12:19 pm

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