MAQUIA CAPITAL ACQUISITION CORPORATION AND IMMERSED INC. MUTUALLY AGREE TO TERMINATE BUSINESS COMBINATION AGREEMENT

Miami, Florida and Austin, Texas, May 23, 2024 (GLOBE NEWSWIRE) -- Maquia Capital Acquisition Corporation, a special purpose acquisition company (NASDAQ:MAQC) ("Maquia"), and Immersed Inc., a Delaware corporation ("Immersed"), today announced that effective as of May 20, 2024 they mutually agreed to immediately terminate the previously announced Business Combination Agreement (the "Business Combination Agreement"),. Maquia Capital Acquisition Corporation is a blank check company formed for the purpose of ef ...