SUMA Acquisition: Millennium reports 650,000 shares
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Rhea-AI Filing Summary
SUMA Acquisition Corporation Schedule 13G: Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander reported that they acquired beneficial ownership exceeding 5% of the Class A Ordinary Shares on March 11, 2026 but ceased to be beneficial owners of more than 5% by the date of this filing.
The cover pages show 650,000 shares and 3.7% listed for each reporting person, with shared voting power 650,000 and shared dispositive power 650,000. A Joint Filing Agreement dated March 17, 2026 is attached.
Insights
Filing documents a transient >5% position and a joint filing agreement.
The Schedule 13G states the reporting persons acquired beneficial ownership above 5% on March 11, 2026 and, by the filing date, were below that threshold. The cover pages list 650,000 shares representing 3.7% per filer.
Material dependencies include the timing of the acquisition and the later change in percentage ownership; the Joint Filing Agreement dated March 17, 2026 formalizes joint reporting. Subsequent filings would show any further position changes.
Shared voting and dispositive power is disclosed at 650,000 shares each.
The entries report shared voting power 650,000 and shared dispositive power 650,000 for Millennium entities and Mr. Englander, tied to entities under common control. The filing reiterates that these holdings are held through controlled entities.
Watch for later amendments or Forms 4/5 that would disclose transaction-level details or confirmations of beneficial ownership; current cash‑flow treatment and exact acquisition counterparties are not included in the excerpt.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the SUMAU Schedule 13G disclose about ownership?
Who holds voting and dispositive power per the SUMAU filing?
Did the filers remain above the 5% threshold at filing?
Is there an agreement among the filers?
Does the Schedule 13G list the filers' addresses and citizenship?
AI-generated analysis. How Rhea-AI works. Not financial advice.