secwatch.observer — SEC 8-K summary
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Issuer:     SUMA Acquisition Corp (SUMA)
CIK:        0002105838
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001213900-26-027737
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SUMA Acquisition Corporation closes $172.5M IPO including full over-allotment
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- Gross proceeds of $172.5M from 17.25M units at $10/unit; underwriters exercised over-allotment of 2.25M units.
- Simultaneous private placement of 446,250 units at $10/unit raised $4.46M from sponsor and Seaport.
- Total of $172.5M placed in trust account for public shareholders; trust funds held until business combination or liquidation.
- Board appointed: Naseem Saloojee (CEO/Chair), David King (CFO/director), and five independent directors.
- Blank-check company will focus search in U.S. and other developed markets across technology-enabled sectors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2105838/000121390026027737/0001213900-26-027737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2105838/000121390026027737/ea0281562-8k_sumaacq.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-027737

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