On March 12, 2026, SUMA Acquisition Corporation announced the successful closing of its initial public offering (IPO) of 17,250,000 units, raising gross proceeds of $172.5 million. The units, priced at $10.00 each, consist of one Class A ordinary share and one right to receive one-fifth of a Class A ordinary share upon the completion of the company's initial business combination. The offering included the full exercise of the underwriters' over-allotment option, demonstrating strong investor interest.



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