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Maquia Capital Acquisition Corporation Warrant - $MAQCW STOCK NEWS

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Rhea-AI Summary
Maquia Capital Acquisition Corporation (MAQCU) announced a negotiation with unaffiliated third parties for a non-redemption agreement in connection with an extension of time for the Company to consummate an initial business combination. The agreement is expected to increase the amount of funds that remain in the Company’s trust account following the Special Meeting.
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-1.51%
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Rhea-AI Summary
Maquia Capital Acquisition Corporation (Nasdaq: MAQC) announced the filing of a registration statement with the SEC for its proposed business combination with Immersed, Inc. The combined company is expected to be named 'Immersed Inc.' and list its common stock on Nasdaq under the new ticker symbol 'AIMR'. Immersed is a leading provider of enterprise AI productivity solutions using spatial computing. Renji Bijoy, Founder and CEO of Immersed, will continue to lead the company.
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0.88%
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Immersed, a leading provider of spatial computing software, is going public through a business combination agreement with Maquia Capital Acquisition Corp. The transaction values Immersed at $150 million. The company plans to use the proceeds to complete the development of its AI assistant, 'Curator', and its lightweight headset, 'Visor'. Immersed has over 730,000 unique users and users have spent 20 million minutes working in the Immersed application in the past quarter.
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2.68%
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Maquia Capital Acquisition Corporation announces extension of time for initial business combination and contribution by Sponsor
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-0.83%
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0.1%
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0.19%
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0.19%
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0.1%
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Maquia Capital Acquisition Corporation Warrant

Nasdaq:MAQCW

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