Press Releases April 16, 2026 04:15 PM

SUMA Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing April 20, 2026

SUMA Acquisition Corporation Begins Separate Trading of Shares and Rights on Nasdaq Starting April 20, 2026

By Avery Klein SUMAU
SUMA Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Rights, Commencing April 20, 2026
SUMAU

SUMA Acquisition Corporation announced that beginning April 20, 2026, holders of its IPO units can trade Class A ordinary shares and rights separately on the Nasdaq Global Market under tickers SUMA and SUMAR respectively, while units not separated will continue trading under SUMAU. The company is a Cayman Islands incorporated SPAC focusing on acquiring technology-enabled businesses, primarily in the US and developed markets.

Key Points

  • SUMA Acquisition Corporation will begin separate trading of its Class A ordinary shares and rights from April 20, 2026, potentially increasing trading flexibility for investors.
  • The Class A shares and rights will trade under separate Nasdaq symbols: SUMA and SUMAR, while non-separated units retain the SUMAU ticker.
  • The company is a special purpose acquisition company (SPAC) targeting business combinations mainly in technology-enabled sectors in the US and developed markets.

Las Vegas, Nevada, April 16, 2026 (GLOBE NEWSWIRE) -- SUMA Acquisition Corporation (Nasdaq: SUMAU) (the “Company”) announced today that, commencing April 20, 2026, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and rights included in the units. No fractional rights will be issued upon separation of the units and only whole rights will trade. The Class A ordinary shares and rights that are separated will trade on the Nasdaq Global Market under the symbols “SUMA” and “SUMAR,” respectively. Those units not separated will continue to trade on the Nasdaq Global Market under the symbol “SUMAU.”

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About SUMA Acquisition Corporation

SUMA Acquisition Corporation is a special purpose acquisition company incorporated under the laws of Cayman Islands for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. The Company may pursue an initial business combination target in any industry or geographical location. It intends to focus its search in the United States and other developed markets across several technology-enabled sectors.

Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Statements regarding possible business combinations and the financing thereof, and related matters, as well as all other statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact

SUMA Acquisition Corporation
[email protected]


Risks

  • Uncertainty inherent to SPAC business combinations, including the risk of not completing a target merger or acquisition.
  • Potential regulatory and market risks affecting SPACs and their securities trading, especially in technology sectors.
  • Market volatility may impact the value and liquidity of separately traded shares and rights post-separation.

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