SUMA Acquisition Corporation Class A Ordinary Shares
SUMA
NASDAQ Global Market9.85
USD
- -
- -
ISIN
KYG8557R1039
Return %
Stock
S&P500
1Y
-1.01
26.53
3Y
-1.01
76.60
5Y
-1.01
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Naseem Saloojee
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Financial - Conglomerates
- Address
- 177 Manning Avenue Toronto Canada
- IPO Date
- Apr 20, 2026
- Similar Companies
- Business
- SUMA Acquisition Corporation, a blank-check vehicle focused on completing a merger or other business combination with a technology-enabled enterprise, operates as a SPAC designed to access public capital for growth-oriented targets in North American markets. The company identifies and pursues opportunities across technology-enabled sectors in developed markets, with a mandate to consummate a qualifying transaction that creates shareholder value through de-SPAC processes and subsequent public-market support. Headquartered in Las Vegas, Nevada, SUMA Acquisition Corporation was founded in 2025 and presently pursues partnerships, strategic alliances, and potential acquisitions aligned with its aggressive growth thesis. Main products and services: SPAC vehicle services for technology-enabled conglomerates; sourcing and evaluating merger, acquisition, asset purchase, and combination opportunities; structuring de-SPAC transactions including negotiation, due diligence, and regulatory compliance; capital deployment through trust assets and third-party financing arrangements; post-transaction governance and liquidity strategies; investor relations and market access facilitation for de-SPACed entities. Latest major changes: announces separation of trading for Class A ordinary shares and rights following its initial public offering; closes its IPO and private placement with $172.5 million raised and placed in a trust for public shareholders; facilitates unit trading and anticipated separate trading of SUMA and SUMAR post-separation; engages in ongoing capital formation and strategic positioning to enable a future business combination in the technology sector; rapidly expands its investor base and enhances liquidity channels through Nasdaq listing activity and related market disclosures. Industry and segments: finance; special purpose acquisition company; technology sector investment and corporate finance; alternative capital markets; investor relations and strategic advisory services. Geographic operations: primary focus on North American opportunities with a listing on Nasdaq Global Market; planned cross-border capacity to evaluate opportunities in Canada and the United States as part of its strategic footprint. Founding year and headquarters: founded in 2025; headquarters in Las Vegas, Nevada. Subsidiaries/parent: SUMA Sponsor LP and SUMA Canada Sponsor LP participate in sponsor activities and initial share acquisitions; the company operates as a standalone SPAC vehicle with a focused mandate to pursue a de-SPAC transaction with a technology-enabled target.