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SUMA Acquisition Corporation (NASDAQ: SUMAU) priced an initial public offering of 15,000,000 units at $10.00 per unit, raising $150,000,000 before any over-allotment. Units are expected to begin trading on March 11, 2026 on the Nasdaq Global Market under SUMAU.
Each unit contains one Class A ordinary share and one right to receive one-fifth of a Class A share upon consummation of an initial business combination. The underwriters have a 45-day option for 2,250,000 additional units. Closing is anticipated on or about March 12, 2026.