# Suma Acquisition Corp Right (SUMAR)

**Exchange:** NASDAQ  
**Price:** $0.24

> Suma Acquisition Corp Right is a right associated with the special purpose acquisition company Suma Acquisition Corp. This right entitles holders to receive one-fifth of a Class A ordinary share upon the consummation of the company's initial business combination, such as a merger, share exchange, asset acquisition, or similar transaction with one or more target businesses. Issued as part of the company's units during its initial public offering, the right represents a contingent equity interest that activates only if and when a qualifying business combination occurs. Suma Acquisition Corp Right trades separately from the underlying ordinary shares and units, providing investors with leveraged exposure to the potential completion of the SPAC's merger activities. The company, incorporated in the Cayman Islands and headquartered in Toronto, Canada, focuses exclusively on identifying and executing such combinations across various industries, serving as a vehicle for private companies to access public markets through this structure.

Financial data not yet available for this company.

Source: [CompaniesByCap](https://companiesbycap.com/company/SUMAR)