Maquia Capital Acquisition Corp: auditor change — Maquia Capital auditor Marcum resigns; CBIZ CPAs hired; material weaknesses persist

Maquia Capital Acquisition Corp

Marcum LLP resigned as independent auditor on May 29, 2025; CBIZ CPAs engaged same day after Audit Committee approval.
No disagreements or reportable events occurred with Marcum, but prior reports included going-concern explanatory paragraph.
Material weaknesses for FY2023 and FY2022 cited: complex financial instruments, income tax accounting, trust fund protection.
Marcum's letter to SEC confirming no disagreements was filed as Exhibit 16.1.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Maquia Capital Acquisition Corp engaged CBIZ CPAs P.C. as its auditor.

Action: engagement
Auditor: CBIZ CPAs P.C.

Exact text from the filing

On May 29, 2025, following the approval of the Audit Committee of the Company’s Board of Directors, CBIZ CPAs was engaged, effective immediately, as the Company’s independent registered public accounting firm.

View on SEC.gov

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Marcum LLP resigned as auditor of Maquia Capital Acquisition Corp.

Action: resignation
Auditor: Marcum LLP
Successor: CBIZ CPAs P.C.

Exact text from the filing

Maquia Merger Sub, Inc., a Delaware corporation and wholly owned direct subsidiary of SPAC (" Merger Sub ") was notified by Marcum LLP ("Marcum") that Marcum resigned as the Company’s independent registered public accounting firm.

View on SEC.gov

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Source: SEC EDGAR

accession 0001104659-25-055041

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