Maquia Investments North America, LLC - May 12, 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 12, 2021
Transactions value $: $327,430
Form type: 4
Date filed: 5/14/2021, 02:23 PM
Previous filing: May 11, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MAQC	Class A Common Stock	Purchase	$327K	+32.7K	+5.94%	$10.00	584K	May 12, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MAQC	Class B Common Stock	Other	$0	-273K	-6.02%	$0.00	4.26M	May 12, 2021	Class A Common Stock	273K		Direct	F2, F3

* 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 the partial exercise of the over-allotment option of a unit subscription agreement by and between the Sponsor and the issuer.
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.
F3	As contemplated in connection with the initial public offering of the issuer, 272,570 shares of Class B common stock of the issuer were returned by the reporting person to the issuer for no consideration and cancelled because the underwriters' over-allotment option was not exercised in full.