What changed in this filing

/stocks — the workspaceLOADING

Item 5. Market for Registrant’s Common Equity

2026-03-09 compared with 2025-03-21 · 49 added, 20 removed, 0 unchanged (100% of the section changed)

Market for Registrant’s Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities.

Market Information

Our Units, Public Shares and Public Warrants are each traded on the Global Market tier of Nasdaq under the symbols “MACIU,” “MACI” and “MACIW,” respectively.

Our Units commenced public trading on June 18, 2024, and our Public Shares and Public Warrants commenced separate public trading on July 17, 2024.

On March 20, 2025, there were one holder of record of our Units, one holder of record of our Class A Ordinary Shares, one holder of record of our Class B Ordinary Shares and four holders of record of our Warrants.

We have not paid any cash dividends on our Ordinary Shares to date and do not intend to pay cash dividends prior to the completion of our initial Business Combination.

The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition subsequent to completion of our initial Business Combination.

The payment of any cash dividends subsequent to our initial Business Combination will be within the discretion of our Board of Directors at such time.

In addition, our Board of Directors is not currently contemplating and does not anticipate declaring any share dividends in the foreseeable future.

Further, if we incur any indebtedness in connection with our initial Business Combination, our ability to declare dividends may be limited by restrictive covenants we may agree to in connection therewith.

Securities Authorized for Issuance Under Equity Compensation Plans

Performance Graph

As a smaller reporting company, we are not required to provide the information required by Regulation S-K Item 201(e).

Recent Sales of Unregistered Securities

Use of Proceeds from the Initial Public Offering

For a description of the use of proceeds generated in our Initial Public Offering and Private Placement, see Part II, Item 2 of our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2024, as filed with the SEC on August 14, 2024.

There has been no material change in the planned use of proceeds from our Initial Public Offering and Private Placement as described in the IPO Registration Statement.

The specific investments in our Trust Account may change from time to time.

Purchases of Equity Securities by the Issuer and Affiliated Purchasers

There were no such repurchases of our equity securities by us or an affiliate during the fourth quarter of the fiscal year covered by the Report.

Market for Registrant’s Common Equity, Related Stockholder

Matters, and Issuer Purchases of Equity Securities.

Units, Public Shares and Public Warrants are each traded on the Global Market tier of Nasdaq under the symbols “MACIU,” “MACI”

and “MACIW,” respectively.

Our Units commenced public trading on June 18, 2024, and our Public Shares and Public Warrants

commenced separate public trading on July 17, 2024.

March 5, 2026, there was one holder of record of our Units, one holder of record of our Class A Ordinary Shares, one holder of record

of our Class B Ordinary Shares and four holders of record of our Warrants.

have not paid any cash dividends on our Ordinary Shares to date and do not intend to pay cash dividends prior to the completion of our

initial Business Combination.

The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital

requirements and general financial condition subsequent to completion of our initial Business Combination.

The payment of any cash dividends

subsequent to our initial Business Combination will be within the discretion of our Board of Directors at such time.

In addition, our

Board of Directors is not currently contemplating and does not anticipate declaring any share dividends in the foreseeable future.

if we incur any indebtedness in connection with our initial Business Combination, our ability to declare dividends may be limited by

restrictive covenants we may agree to in connection therewith.

(d) Securities

Authorized for Issuance Under Equity Compensation Plans

(e) Performance

a smaller reporting company, we are not required to provide the information required by Regulation S-K Item 201(e).

Sales of Unregistered Securities

were no sales of unregistered securities during the fiscal year covered by this Report.

However, simultaneously with

the closing of the Initial Public Offering and pursuant to the Private Placement Warrants Purchase Agreements, we completed the private

sale of an aggregate of 5,000,000 Private Placement Warrants to our Sponsor, CCM and Seaport in the Private Placement at a purchase price

of $1.00 per Private Placement Warrant, generating gross proceeds to our Company of $5,000,000.

Of those 5,000,000 Private Placement

Warrants, (i) the Sponsor purchased 3,500,000 Private Placement Warrants and (ii) CCM and Seaport purchased an aggregate to 1,500,000

Private Placement Warrants.

The Private Placement Warrants are identical to the Public Warrants, except as otherwise disclosed in the

IPO Registration Statement.

No underwriting discounts or commissions were paid with respect to such sale.

The issuance of the Private

Placement Warrants was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.

were no offerings of registered securities and therefore no planned use of proceeds from such offerings during the fiscal year covered

by this Report.

For a description of the use of proceeds generated in

our Initial Public Offering and Private Placement, see Part II, Item 2 of our Quarterly Report on Form 10-Q for the quarterly period

ended June 30, 2024, as filed with the SEC on August 14, 2024.

There has been no material change in the planned use of proceeds from

our Initial Public Offering and Private Placement as described in the IPO Registration Statement.

The specific investments in our Trust

Account may change from time to time.

(g) Purchases

of Equity Securities by the Issuer and Affiliated Purchasers

were no repurchases of our equity securities by us or an affiliate during the fourth quarter of the fiscal year covered by the Report.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 5. Market for Registrant’s Common Equity