MAQUIA CAPITAL ACQUISITION CORPORATION ANNOUNCES MONTHLY SPONSOR CONTRIBUTION OF $0.025 PER SHARE TO TRUST ACCOUNT FOR PROPOSED EXTENSION AND POSTPONEMENT OF STOCKHOLDER MEETING TO 5:00 PM EASTERN TIME MAY 5, 2023
Each Contribution will be deposited in the trust account within five (5) business days from the beginning of each Extension Period (or portion thereof), and any Contribution is conditioned upon the implementation of the Extension.
- Each Contribution will be deposited in the trust account within five (5) business days from the beginning of each Extension Period (or portion thereof), and any Contribution is conditioned upon the implementation of the Extension.
- No Contribution will occur if the Extension is not approved or is not completed.
- The Company will have the sole discretion whether to continue extending for additional calendar months until February 7, 2024.
- The Company plans to continue to solicit proxies from stockholders during the period prior to the Special Meeting.