SUMA Acquisition Corp reported results for the first quarter of 2026, recording net income of $152021 and diluted earnings per share of $0.02. The company remains a Cayman Islands blank‑check SPAC with no operating revenues for the period.
Financial Highlights
- Net income was $152,021 for Q1 2026.
- Diluted EPS was $0.02 for Q1 2026 (basic and diluted).
- Revenue: not reported for the period — the company had no operating revenues in Q1 2026.
Business Highlights
- SUMA Acquisition Corp is a Cayman Islands blank‑check company focused on technology‑enabled targets in developed markets; it is in an early stage and has no operating revenues.
- The company completed its IPO and a private placement, raising $172.5M which is held in a trust to fund a business combination and related transaction activities.
- Activity during the period centered on organizational setup, IPO execution, target identification, due diligence and administrative support.
- Trust funds are restricted to short‑term U.S. investments; interest from the trust may be used for taxes or to support post‑combination operations.
Original SEC Filing:
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