Jeronimo Peralta
About Jeronimo Peralta
Jeronimo Peralta serves as Chief Financial Officer (CFO) of Maquia Capital Acquisition Corporation (MAQC) since February 2021, and has signed numerous SEC filings in his capacity as CFO . He previously was Managing Partner and Chief Investment Officer at Maquia Capital (since October 2020) and Investment Director at GC Capital (since March 2013); he holds a Bachelor’s degree in Corporate Finance from Universidad Anáhuac and an MBA from IPADE Business School . The proxy listed his age as 32 in 2024 . MAQC is a blank check SPAC; it does not disclose executive TSR, revenue growth, or EBITDA growth metrics given its pre-business combination status .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Maquia Capital Acquisition Corp. (MAQC) | Chief Financial Officer | Feb 2021– (active through 2024 via SEC signatures) | Finance leadership during multiple extension votes and transaction processes |
| Maquia Capital (Private Equity) | Managing Partner & Chief Investment Officer | Oct 2020– | Investment leadership in agriculture/foods PE in Mexico |
| GC Capital | Investment Director | Mar 2013– | Manages venture capital companies |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Integradora Mexicana de Negocios GC SAPI de CV | Director; Governance Committee Member | Oct 2020– | Board governance oversight |
| GC Capital | Director; Governance Committee Member | Mar 2013– | Board-level governance and oversight of VC activities |
Fixed Compensation
MAQC (as a SPAC) discloses that officers and directors, including the CFO, received no cash compensation, with only reimbursement of out-of-pocket expenses pre-business combination .
| Component | FY 2022 | FY 2025 (Proxy Record Date Context) |
|---|---|---|
| Base salary ($) | $0 (no cash compensation) | $0 (no cash compensation disclosed) |
| Target bonus (%) | Not disclosed | Not disclosed |
| Actual bonus paid ($) | $0 (none) | $0 (none disclosed) |
| Cash perquisites | None; only expense reimbursements | None; only expense reimbursements |
Performance Compensation
MAQC indicates no executive compensation prior to a business combination; compensation would be determined by the post-combination company. No RSU/PSU or option grants to the CFO are disclosed in the proxies reviewed .
| Incentive Type | Grant Date | Units/Shares | Fair Value ($) | Performance Metrics | Vesting Schedule | Status |
|---|---|---|---|---|---|---|
| RSUs/PSUs | Not disclosed | — | — | — | — | No awards disclosed |
| Stock Options | Not disclosed | — | — | — | — | No awards disclosed |
| Discretionary/Annual Incentive | Not disclosed | — | — | — | — | Not in effect pre-business combination |
Performance Plan Mechanics (if/when applicable)
- Pre-business combination: no executive compensation; any future compensation to be set by the combined company’s board/compensation committee after closing .
- No disclosed revenue/EBITDA/TSR targets tied to pay for CFO; none disclosed for MAQC officers .
Equity Ownership & Alignment
The January 2025 proxy beneficial ownership table shows no direct beneficial ownership reported for Jeronimo Peralta; the Sponsor holds the founder/class A interests. The Company also notes that certain officers and directors are members of the Sponsor, but does not specify individual names besides the Sponsor’s managing member (Guillermo Cruz) .
| Holder | Class A Shares | % of Class A | Class B Shares | % of Class B | Total % of Common | Notes |
|---|---|---|---|---|---|---|
| Jeronimo Peralta | — | — | — | — | — | No beneficial ownership reported (record date Jan 3, 2025) |
| Maquia Investments North America, LLC (Sponsor) | 2,712,458 | 95.2% | 2,128,715 | 89.75% | 92.7% | Includes 583,743 private placement units; Sponsor ownership dominates vote control |
| Description of Sponsor membership | — | — | — | — | — | Sponsor managed by Guillermo Cruz; “other members include certain officers and directors” (individuals not enumerated) |
Additional alignment points:
- Shares pledged as collateral: not disclosed.
- Stock ownership guidelines/compliance: not disclosed.
- Options exercisable/unexercisable: not disclosed for CFO .
- Founder/placement securities: held at Sponsor level, not at CFO’s individual level per table .
Employment Terms
| Term | Disclosure |
|---|---|
| Employment start date | CFO since February 2021 |
| Contract term/expiration | Not disclosed |
| Auto-renewal clauses | Not disclosed |
| Severance provisions | “We are not party to any agreements with our executive officers and directors that provide for benefits upon termination of employment.” |
| Change-of-control | Compensation post-combination to be determined by combined company; no pre-combination change-of-control multiples disclosed |
| Clawback provisions | Not disclosed |
| Non-compete / non-solicit | Not disclosed |
| Garden leave / consulting post-termination | Potential for arrangements post-combination determined by new board; not quantified |
| Proxy authority | Peralta named as proxy alongside Guillermo Cruz in certain proxy cards |
Performance & Track Record
- Regulatory/filings execution: Peralta signed multiple 8-Ks in 2024, covering investor presentations, amendment agreements, delisting notices, and other events .
- Strategic path: MAQC entered into a Business Combination Agreement with Velocium, Inc. (July 15, 2024) and sought extensions to complete; the board recommended and pursued extensions given timing constraints .
- Risk events: Notice(s) of delisting or failure to satisfy continued listing standards disclosed in 8-K filings ; Delaware charter amendment filing issues and SEC comment letter created additional execution risk around extensions .
- SPAC status: Company is a blank check entity; funds held in trust and redemption mechanics dominate capital structure and timing .
Compensation Committee Analysis
- Pre-combination: Executive compensation to be set post-closing by the combined company’s board/compensation committee; no cash compensation paid pre-combination; reimbursements subject to audit committee review .
- Independent consultant/conflicts, peer group, target percentile: not disclosed in reviewed documents.
Equity Ownership & Insider Selling Pressure
- Form 4 transactions: Not disclosed in proxies; beneficial ownership table shows no direct holdings for Peralta, implying limited immediate insider selling pressure tied to personal holdings .
- Sponsor liquidity dynamics: Sponsor owns the dominant stake (founder and private placement units) and carries extension promissory notes; liquidation/extension outcomes can alter sponsor economics and voting power .
Related Party Transactions and Indemnities
- Working capital loans: Up to $1.5 million from sponsor/officers/directors may be convertible into units at $10.00 per unit upon consummation (pre- or in-connection with initial business combination) .
- Registration rights: Holders of founder/placement/convertible units have demand and piggyback registration rights .
- D&O insurance and indemnification: Company has contractual indemnification and D&O insurance for officers/directors .
Board Governance (context)
- Directors and executive officers roster (May 2024) identifies Peralta as CFO (age 32), with board roles held by others; Peralta is not listed as a director or committee chair .
- Voting control: Sponsor and insiders held ~92.74% of outstanding common at the Jan 2025 record date, effectively assuring approval of extension-related proposals absent public shareholder votes .
Investment Implications
- Pay-for-performance alignment: Pre-combination structure pays no cash compensation and shows no equity awards to the CFO, limiting near-term misalignment but also reducing retention levers tied to company performance; future compensation will be set by the combined company and may change materially .
- Retention risk: Absence of employment agreements, severance, or change-of-control economics suggests limited contractual retention protections; retention likely hinges on transaction completion and post-close packages .
- Trading signals: CFO is not a reported direct beneficial owner, reducing personal selling pressure signals; sponsor dominance (votes/economics) and extension/redemption dynamics drive near-term equity outcomes more than executive incentives .
- Governance/Execution risk: Delisting notices, charter amendment filing issues, and SEC interactions around extensions elevate execution risk; successful consummation of the Velocium transaction or alternative business combination is the key catalyst .