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AI brief of an SEC Form 8-K · SUMA Acquisition Corp (SUMA)

SUMA Acquisition closes $172.5 million IPO of 17.25 million units

Neutral Impact 3 of 5 financing Written later

SUMA Acquisition Corporation, a blank check company, closed its initial public offering of 17,250,000 units at $10.00 per unit on March 12, 2026, including the full exercise of the underwriters' over-allotment option. The offering raised $172,500,000 in gross proceeds, and the full amount was placed in a trust account to be held for public shareholders until a business combination or redemption.

Key points

  • 17,250,000 units sold at $10.00 each, for gross proceeds of $172,500,000, including 2,250,000 over-allotment units
  • Simultaneous private placement of 446,250 units to the sponsor and Seaport for $4,462,500
  • $172,500,000 placed in a U.S. trust account; funds generally stay in trust until a business combination or redemption, with a 24-month deadline from the IPO closing
  • Five directors appointed effective March 10, 2026, including Audie Attar, Christopher Bradley, Bogdan Cenanovic, Lawrence Hu and Ted Fike

The filing

CompanySUMA Acquisition Corp (SUMA)
Form8-K, current report
Filed with the SECMar 13, 2026, 5:00 PM ET
Accession number0001213900-26-027737

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale5.02 Director / Officer Change5.03 Bylaw / Charter Amendment8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.