- CEO
- Matthew Proud
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- CO Services Cayman Limited George Town GT Cayman Islands KY1-1001
- IPO Date
- Dec 11, 2025
- Business
- MAK Acquisition Corp. is a Toronto-based special purpose acquisition company (SPAC) focused on identifying and completing a qualifying acquisition with a niche-market business that provides critical solutions, has strong revenue retention, and serves a diversified customer base. Founded in 2025 and headquartered in Toronto, Ontario, Canada, the company seeks businesses in sectors such as technology-enabled services, space and defense, and related growth-oriented industries, with an emphasis on recurring revenues and limited customer concentration. Its platform is not an operating manufacturer or traditional service provider; rather, it acts as an acquisition vehicle pursuing a transaction to bring a target company to the public markets. The company’s management team includes Matt Proud, Chief Executive Officer and Chairman, and Avjit Kamboj, Chief Financial Officer. In May 2026, MAK said it was engaged in discussions regarding a potential qualifying acquisition and, later that month, announced a definitive purchase agreement with Uni Express Inc. (UniUni) for a reverse take-over transaction valued at approximately US$1.0 billion, subject to customary approvals, with closing expected in the second half of 2026; the transaction is intended to make UniUni a publicly listed company and may be followed by a near-term Nasdaq cross-listing. The company completed its initial public offering in October 2025 and its securities trade on the Toronto Stock Exchange under the symbols MAK.U, MAK.WT and MAK.R.