
SPAC SUMA Acquisition files for a $150 million IPO, targeting technology in North America

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SUMA Acquisition, a blank check company based in Toronto, has filed with the SEC for a $150 million IPO, planning to offer 15 million units at $10 each. Led by CEO Naseem Saloojee, the company aims to focus on technology investments in North America. Founded in 2025, it intends to list on Nasdaq under the symbol SUMAU, with Seaport Global as the sole bookrunner.
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