Maquia Investments North America, LLC - May 7, 2021 Form 4 Insider Report for Maquia Capital Acquisition Corp (MAQC)

Role: 10%+ Owner
Signature: /s/ Guillermo Cruz, as Managing Member of Maquia Investments North America, LLC
Stock symbol: MAQC
Transactions as of: May 7, 2021
Transactions value $: $5,510,000
Form type: 4
Date filed: 5/11/2021, 01:59 PM
Next filing: May 14, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MAQC	Class A Common Stock	Purchase	$5.51M	+551K		$10.00	551K	May 7, 2021	See footnote	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are underlying units (each unit consisting of one share of Class A common stock and one half of one warrant, each whole warrant exercisable to purchase one share of Class A common stock) held by Maquia Investments North America, LLC (the "Sponsor"), acquired pursuant to a unit subscription agreement by and between the Sponsor and the issuer. Does not include 4,530,000 shares of Class B common stock, which shares will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights.
F2	Guillermo Cruz, the Chief Operating Officer of the issuer, is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. As such, Mr. Cruz may be deemed to possess beneficial ownership of the securities held directly by the Sponsor. Mr. Cruz disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Content

These shares are underlying units (each unit consisting of one share of Class A common stock and one half of one warrant, each whole warrant exercisable to purchase one share of Class A common stock) held by Maquia Investments North America, LLC (the "Sponsor"), acquired pursuant to a unit subscription agreement by and between the Sponsor and the issuer. Does not include 4,530,000 shares of Class B common stock, which shares will automatically convert into shares of Class A common stock at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment for stock splits, stock dividends, reorganizations, recapitalizations and the like, and certain anti-dilution rights.

Guillermo Cruz, the Chief Operating Officer of the issuer, is the managing member of the Sponsor and has voting and investment discretion with respect to the securities held by the Sponsor. As such, Mr. Cruz may be deemed to possess beneficial ownership of the securities held directly by the Sponsor. Mr. Cruz disclaims any beneficial ownership of the reported securities other than to the extent of any pecuniary interest he may have therein, directly or indirectly.