BRIEF-Velocium Inc. To Go Public On Nasdaq Via Merger With Maquia Capital Acquisition Corp.-June 2024-www.financetom.com

BRIEF-Velocium Inc. To Go Public On Nasdaq Via Merger With Maquia Capital Acquisition Corp.

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BRIEF-Velocium Inc. To Go Public On Nasdaq Via Merger With Maquia Capital Acquisition Corp.

Jul 19, 2024 6:17 PM

July 19 (Reuters) - Maquia Capital Acquisition Corp ( MAQC )

* VELOCIUM, INC., A HIGH PERFORMANCE COMPUTE COMPANY

OPTIMIZED FOR

AI, TO GO PUBLIC ON NASDAQ VIA MERGER WITH MAQUIA CAPITAL

ACQUISITION CORP.

* VELOCIUM- TRANSACTION VALUES COMPANY AT $445,000,000

* VELOCIUM- COMPANY WILL CONTINUE TO BE HEADQUARTERED IN

MIAMI,

FLORIDA AND LED BY ITS CEO, DANIEL KOCHIS

* VELOCIUM- UPON CLOSING, SURVIVING COMPANY IS EXPECTED TO

NAMED VELOCIUM WITH COMMON STOCK TRADING ON NASDAQ UNDER SYMBOL

OF "VAI"

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