---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-042861"
form_type: "8-K"
ticker: null
cik: "0001844419"
company_name: "Maquia Capital Acquisition Corp"
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T14:57:54.522583+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Maquia Capital Enters Working Capital and Extension Notes with Sponsor

## Summary
- Issued $250,000 working capital note to Maquia Investments North America on May 22, 2023, due at business combination or liquidation.
- Issued up to $245,411.55 extension note to sponsor, with first $27,267.95 deposited into trust on May 15, 2023.
- Stockholders approved charter amendment extending initial business combination deadline from May 7, 2023 to February 7, 2024.
- Extension note requires monthly deposits of $27,267.95 into trust account for unredeemed public stockholders.
- Both notes are interest-free and repayable upon consummation of business combination or liquidation of the company.

## SEC filing metadata
- accession: 0001213900-23-042861
- form_type: 8-K
- cik: 0001844419
- company_name: Maquia Capital Acquisition Corp
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844419/000121390023042861/0001213900-23-042861-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844419/000121390023042861/ea179246-8k_maquia.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-042861
- JSON: https://secwatch.observer/filing/0001213900-23-042861.json
- Plain text: https://secwatch.observer/filing/0001213900-23-042861.txt

## Key facts
- Debt Financings
  Maquia Capital Acquisition Corp incurred loan of up to $245,411.55 with Maquia Investments North America, LLC at no interest maturing upon the date of the consummation of the Initial Business Combination or the liquidation of the Company.
  - Instrument: loan
  - Principal: up to $245,411.55
  - Counterparty: Maquia Investments North America, LLC
  - Rate: no interest
  - Maturity: upon the date of the consummation of the Initial Business Combination or the liquidation of the Company
  - Event: incurrence
  source text: on May 22, 2023, the Company issued a promissory note (the “ Extension Note ”) in the aggregate principal amount of up to $245,411.55 to the Sponsor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844419/000121390023042861/0001213900-23-042861-index.htm
- Debt Financings
  Maquia Capital Acquisition Corp incurred loan of $250,000 with Maquia Investments North America, LLC at no interest maturing upon the earlier to occur of (i) the date on which the Company’s initial business combination is consummated and (ii) the liquidation of the Company.
  - Instrument: loan
  - Principal: $250,000
  - Counterparty: Maquia Investments North America, LLC
  - Rate: no interest
  - Maturity: upon the earlier to occur of (i) the date on which the Company’s initial business combination is consummated and (ii) the liquidation of the Company
  - Event: incurrence
  source text: On May 22, 2023, Maquia Capital Acquisition Corporation (the “ Company ”) issued a promissory note (the “ Working Capital Note ”) in the principal amount of $250,000 to Maquia Investments North America, LLC (the “ Sponsor ”) to fund the Company’s ongoing working capital needs.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844419/000121390023042861/0001213900-23-042861-index.htm
- Material Agreements
  Maquia Capital Acquisition Corp entered into Working Capital Note with Maquia Investments North America, LLC valued at $250,000 (effective 2023-05-22).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Maquia Investments North America, LLC
  - Value: $250,000
  - Effective: 2023-05-22
  source text: On May 22, 2023, Maquia Capital Acquisition Corporation (the “ Company ”) issued a promissory note (the “ Working Capital Note ”) in the principal amount of $250,000 to Maquia Investments North America, LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844419/000121390023042861/0001213900-23-042861-index.htm
- Material Agreements
  Maquia Capital Acquisition Corp entered into Extension Note with Maquia Investments North America, LLC valued at up to $245,411.55 (effective 2023-05-22).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Maquia Investments North America, LLC
  - Value: up to $245,411.55
  - Effective: 2023-05-22
  source text: on May 22, 2023, the Company issued a promissory note (the “ Extension Note ”) in the aggregate principal amount of up to $245,411.55 to the Sponsor
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844419/000121390023042861/0001213900-23-042861-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.