Maquia Capital Acquisition Corporation Announces Filing of Registration Statement on Form S-4 in Connection With Its Proposed Business Combination with Immersed Inc.

AUSTIN, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) — Maquia Capital Acquisition Corporation (Nasdaq:MAQC) (“Maquia”), a publicly traded special purpose acquisition company (“SPAC”), announced today that on November 9th it filed a registration statement on Form S-4 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”), which includes a preliminary proxy statement and prospectus in connection with its proposed business combination with Immersed, Inc. (“Immersed” or the “Company”), a leading provider of enterprise AI productivity solutions that use spatial computing to digitally transform the working environment. Upon closing of the proposed business combination, the combined company is expected to be named “Immersed Inc.” and to list its common stock on Nasdaq under the new ticker symbols “AIMR”. The Company will continue to be headquartered in Austin, Texas, and will continue to be led by Renji Bijoy (Forbes 30 Under 30, 2021 and Georgia Tech Hall of Fame, 2021), Founder and CEO of Immersed.

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