Sec Form 3 Filing - Maquia Investments North America, LLC @ Maquia Capital Acquisition Corp - 2021-05-04

Insider filing report for Changes in Beneficial Ownership
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FORM 3
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Maquia Investments North America, LLC
2. Issuer Name and Ticker or Trading Symbol
Maquia Capital Acquisition Corp [ MAQCU]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Operating Officer
(Last) (First) (Middle)
50 BISCAYNE BOULEVARD,, SUITE 2406
3. Date of Earliest Transaction (MM/DD/YY)
05/04/2021
(Street)
MIAMI, FL33132
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock ( 1 ) ( 1 ) ( 1 ) Class A Common Stock 4,530,000 ( 1 ) ( 2 ) D ( 2 ) ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Maquia Investments North America, LLC
50 BISCAYNE BOULEVARD,
SUITE 2406
MIAMI, FL33132
X Chief Operating Officer
Cruz Guillermo
50 BISCAYNE BOULEVARD,
SUITE 2406
MIAMI, FL33132
X Chief Operating Officer
Signatures
/s/ Guillermo Cruz, as Managing Member of Maquia Investments North America, LLC 05/04/2021
Signature of Reporting Person Date
/s/ Guillermo Cruz 05/04/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )As described in the issuer's registration statement on Form S-1 (File No. 333-253167) (the "Registration Statement") under the heading "Description of Securities - Founder Shares", the Class B common stock 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 certain adjustments described therein, and have no expiration date.
( 2 )The shares of Class B common stock held directly by Maquia Investments North America, LLC (the "Sponsor") were acquired pursuant to a subscription agreement by and between the Sponsor and the issuer. The shares of Class B common stock owned by the Sponsor include up to 600,000 shares that are subject to forfeiture in the event the underwriter of the issuer's initial public offering does not exercise in full its over-allotment option, as described in the Registration Statement. The number of Class B common stock reported herein takes into account a transfer of 70,000 shares from the Sponsor to ARC Investments Inc. in consideration of services provided by ARC Investments to the issuer in connection with the issuer's initial public offering.
( 3 )Guillermo Cruz, Chief Operating Officer of the issuer, is the Managing Member of the Sponsor and has voting and investment discretion with respect to the common stock held by the Sponsor. As such, Mr. Cruz may be deemed to have beneficial ownership of such shares of common stock held directly by the Sponsor. Mr. Cruz disclaim any beneficial ownership of the reported ordinary shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

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