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SUMA Acquisition Corporation Announces Closing of $172,500,000 Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option
Globenewswire· 2026-03-13 12:00
Core Points - The company, SUMA Acquisition Corporation, successfully closed its initial public offering (IPO) of 17,250,000 units, raising gross proceeds of $172,500,000 at a price of $10.00 per unit [1] - The units began trading on the Nasdaq Global Market under the ticker symbol "SUMAU" on March 11, 2026, with each unit consisting of one Class A ordinary share and one right to receive one-fifth of a Class A ordinary share upon the completion of a business combination [2] - The company is a blank check company aimed at pursuing mergers or similar business combinations across various industries, primarily focusing on technology-enabled sectors in the United States and other developed markets [3] Management Team - The management team is led by Naseem Saloojee (CEO and Chairman) and David King (CFO and director), with independent directors including Audie Attar, Christopher Bradley, Ted Fike, Bogdan Cenanovic, and Lawrence Hu [4] - Seaport Global Securities LLC served as the lead book-running manager for the offering [4] Regulatory Information - A registration statement for the units was declared effective by the Securities and Exchange Commission on March 10, 2026 [5]
SUMA Acquisition Corporation Announces Pricing of $150,000,000 Initial Public Offering
Globenewswire· 2026-03-10 22:30
Core Viewpoint - SUMA Acquisition Corporation has announced the pricing of its initial public offering (IPO) of 15,000,000 units at a price of $10.00 per unit, with trading expected to begin on March 11, 2026 [1] Group 1: IPO Details - The units will be listed on the Nasdaq Global Market under the symbol "SUMAU" and consist of one Class A ordinary share and one right to receive one-fifth (1/5) of a Class A ordinary share upon the completion of the initial business combination [1] - The closing of the offering is anticipated to take place on or about March 12, 2026, subject to customary closing conditions [1] Group 2: Company Purpose and Focus - The Company is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities [2] - The Company intends to focus its search for an initial business combination target in the United States and other developed markets across several technology-enabled sectors [2] Group 3: Underwriting and Options - Seaport Global Securities LLC acted as the lead book-running manager for the offering [3] - The Company has granted underwriters a 45-day option to purchase up to an additional 2,250,000 units at the initial public offering price to cover over-allotments [3]
SUMA Acquisition Corp(SUMAU) - Prospectus(update)
2026-03-09 14:11
As filed with the U.S. Securities and Exchange Commission on March 9, 2026. Registration No. 333-292831 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ SUMA Acquisition Corporation (Exact name of registrant as specified in its charter) ____________________ Cayman Islands 6770 98-1906937 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Cla ...
SUMA Acquisition Corp(SUMAU) - Prospectus(update)
2026-03-02 17:07
As filed with the U.S. Securities and Exchange Commission on March 2, 2026. Registration No. 333-292831 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 ____________________ SUMA Acquisition Corporation (Exact name of registrant as specified in its charter) ____________________ Cayman Islands 6770 98-1906937 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Cla ...
SUMA Acquisition Corp(SUMAU) - Prospectus
2026-01-20 22:00
____________________ SUMA Acquisition Corporation (Exact name of registrant as specified in its charter) ____________________ | Cayman Islands | 6770 | 98-1906937 | | --- | --- | --- | | (State or other jurisdiction of | (Primary Standard Industrial | (I.R.S. Employer | | incorporation or organization) | Classification Code Number) | Identification Number) | As filed with the U.S. Securities and Exchange Commission on January 20, 2026. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION W ...