SUMA Acquisition (SUMAU) Stock: Why It Moved
Updated Oct 16, 2026, 4:00 PM ET · closing price
- Closed at $10.16, +0.00% vs the prior close of $10.16.
- No new SEC filings since the prior session.
- No new insider buys or sales reported since the prior session.
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SUMAU ends flat (+0.0%) to $10.16, 11 down days in a row. Closed at $10.16, +0.00% vs the prior close of $10.16. Day range $10.16–$10.16, opened at $10.16.
SUMAU daily analysis — what happened
A plain-English, data-only note for every US trading day (today's note updates every 2 hours while the market is open). Newest first; older days stay archived below.
Oct 16, 2026 — SUMAU ends flat (+0.0%) to $10.16, 11 down days in a row
- Closed at $10.16, +0.00% vs the prior close of $10.16. Day range $10.16–$10.16, opened at $10.16.
- Price is -0.7% vs its 50-day average ($10.23).
- 52-week range $9.98–$10.25; today's close sits at 67% of that range, 0.9% below the 52-week high.
- That makes 11 straight losses.
Oct 15, 2026 — SUMAU ends flat (+0.0%) to $10.16, 10 down days in a row
- Closed at $10.16, +0.00% vs the prior close of $10.16. Day range $10.16–$10.16, opened at $10.16.
- Price is -0.7% vs its 50-day average ($10.24).
- 52-week range $9.98–$10.25; today's close sits at 67% of that range, 0.9% below the 52-week high.
- That makes 10 straight losses.
Oct 14, 2026 — SUMAU ends flat (+0.0%) to $10.16, 9 down days in a row
- Closed at $10.16, +0.00% vs the prior close of $10.16. Day range $10.16–$10.16, opened at $10.16.
- Price is -0.7% vs its 50-day average ($10.24).
- 52-week range $9.98–$10.25; today's close sits at 67% of that range, 0.9% below the 52-week high.
- That makes 9 straight losses.
Oct 13, 2026 — SUMAU ends flat (+0.0%) to $10.16, 8 down days in a row
- Closed at $10.16, +0.00% vs the prior close of $10.16. Day range $10.16–$10.16, opened at $10.16.
- Price is -0.7% vs its 50-day average ($10.24).
- 52-week range $9.98–$10.25; today's close sits at 67% of that range, 0.9% below the 52-week high.
- That makes 8 straight losses.
Oct 12, 2026 — SUMAU ends flat (+0.0%) to $10.16, 7 down days in a row
- Closed at $10.16, +0.00% vs the prior close of $10.16. Day range $10.16–$10.16, opened at $10.16.
- Price is -0.7% vs its 50-day average ($10.24).
- 52-week range $9.98–$10.25; today's close sits at 67% of that range, 0.9% below the 52-week high.
- That makes 7 straight losses.
Oct 9, 2026 — SUMAU dips 0.9% to $10.16 on 781.7x normal volume
- Closed at $10.16, -0.88% vs the prior close of $10.25. Day range $10.16–$10.16, opened at $10.16.
- Volume was 46.90K shares, 781.7x its 50-day average of 60 — unusually heavy trading.
- Price is -0.7% vs its 50-day average ($10.24).
- 52-week range $9.98–$10.25; today's close sits at 67% of that range, 0.9% below the 52-week high.
- That makes 6 straight losses.
Oct 8, 2026 — SUMAU ends flat (+0.0%) to $10.25, 5 down days in a row
- Closed at $10.25, +0.00% vs the prior close of $10.25. Day range $10.25–$10.25, opened at $10.25.
- Price is +0.1% vs its 50-day average ($10.24).
- 52-week range $9.98–$10.25; today's close sits at 100% of that range, at a new 52-week high.
- That makes 5 straight losses.
Oct 7, 2026 — SUMAU ends flat (+0.0%) to $10.25, 4 down days in a row
- Closed at $10.25, +0.00% vs the prior close of $10.25. Day range $10.25–$10.25, opened at $10.25.
- Price is +0.1% vs its 50-day average ($10.24).
- 52-week range $9.98–$10.25; today's close sits at 100% of that range, at a new 52-week high.
- That makes 4 straight losses.
Oct 6, 2026 — SUMAU ends flat (+0.0%) to $10.25, 3 down days in a row
- Closed at $10.25, +0.00% vs the prior close of $10.25. Day range $10.25–$10.25, opened at $10.25.
- Price is +0.1% vs its 50-day average ($10.24).
- 52-week range $9.98–$10.25; today's close sits at 100% of that range, at a new 52-week high.
- That makes 3 straight losses.
Oct 5, 2026 — SUMAU ends flat (+0.0%) to $10.25
- Closed at $10.25, +0.00% vs the prior close of $10.25. Day range $10.25–$10.25, opened at $10.25.
- Price is +0.1% vs its 50-day average ($10.24).
- 52-week range $9.98–$10.25; today's close sits at 100% of that range, at a new 52-week high.
Oct 2, 2026 — SUMAU ends flat (+0.0%) to $10.25
- Closed at $10.25, +0.00% vs the prior close of $10.25. Day range $10.25–$10.25, opened at $10.25.
- Price is +0.1% vs its 50-day average ($10.24).
- 52-week range $9.98–$10.25; today's close sits at 100% of that range, at a new 52-week high.
SUMAU bull case vs bear case (from the data)
- Insiders made 20 open-market purchases in the last 12 months.
- Price is -0.7% vs its 50-day average — short-term trend is down.
- Thin trading (under $2M a day on average) can mean wide bid/ask spreads.
SUMAU latest news & SEC filings
Every SEC filing by or about SUMAU in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Aug 13, 2026 · Form SCHEDULE 13G/A — Update to a passive 5%+ stake (13G)
Update to a passive 5%+ stake (13G)
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 13, 2026 · Form SCHEDULE 13G/A — Update to a passive 5%+ stake (13G)
Update to a passive 5%+ stake (13G)
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 11, 2026 · Form 10-Q — Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Jun 30, 2026:
- Net income: $1.33M
Things to know before you trade SUMAU
- How much it moves: over the last 20 sessions the average daily move was 0.16% (largest 0.9%). That is a relatively calm stock.
- Liquidity: about 2.40K shares (≈$24.43K) trade per day on average. Thin volume can mean wider bid/ask spreads.
- 52-week position: $10.16 vs a range of $9.98–$10.25 (67% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 20 open-market buys, 0 sales; latest: Management Corp Suma bought 316,875 shares on Mar 12, 2026.
- Latest filings: 10-Q Aug 11, 2026; 10-Q May 14, 2026; 8-K Apr 16, 2026.
- Listing: Nasdaq · industry: Blank Checks.
SUMAU market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 16, 2026 | 10.16 | 10.16 | 10.16 | 10.16 | 0 |
| Oct 15, 2026 | 10.16 | 10.16 | 10.16 | 10.16 | 0 |
| Oct 14, 2026 | 10.16 | 10.16 | 10.16 | 10.16 | 0 |
| Oct 13, 2026 | 10.16 | 10.16 | 10.16 | 10.16 | 0 |
| Oct 12, 2026 | 10.16 | 10.16 | 10.16 | 10.16 | 0 |
| Oct 9, 2026 | 10.16 | 10.16 | 10.16 | 10.16 | 46.90K |
| Oct 8, 2026 | 10.25 | 10.25 | 10.25 | 10.25 | 0 |
| Oct 7, 2026 | 10.25 | 10.25 | 10.25 | 10.25 | 0 |
| Oct 6, 2026 | 10.25 | 10.25 | 10.25 | 10.25 | 0 |
| Oct 5, 2026 | 10.25 | 10.25 | 10.25 | 10.25 | 0 |
| Oct 2, 2026 | 10.25 | 10.25 | 10.25 | 10.25 | 0 |
| Oct 1, 2026 | 10.25 | 10.25 | 10.25 | 10.25 | 400 |
| Sep 30, 2026 | 10.16 | 10.16 | 10.16 | 10.16 | 0 |
| Sep 29, 2026 | 10.16 | 10.16 | 10.16 | 10.16 | 300 |
| Sep 28, 2026 | 10.24 | 10.24 | 10.24 | 10.24 | 300 |
| Sep 25, 2026 | 10.21 | 10.21 | 10.21 | 10.21 | 200 |
| Sep 24, 2026 | 10.25 | 10.25 | 10.25 | 10.25 | 0 |
| Sep 23, 2026 | 10.25 | 10.25 | 10.25 | 10.25 | 0 |
| Sep 22, 2026 | 10.25 | 10.25 | 10.25 | 10.25 | 0 |
| Sep 21, 2026 | 10.25 | 10.25 | 10.25 | 10.25 | 0 |
About SUMA Acquisition
SUMA Acquisition (SUMAU) is listed on the Nasdaq and classified by the SEC under “Blank Checks”. Its business address is in TORONTO. State of incorporation: Cayman Islands. Fiscal year ends December 31. SEC CIK 2105838.
SUMAU board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Audie Attar | Director | Mar 10, 2026 |
| Christopher Bradley | Director | Mar 10, 2026 |
| Bogdan Cenanovic | Director | Mar 10, 2026 |
| Edward William Fike | Director | Mar 10, 2026 |
| Lawrence Yuxuan Hu | Director | Mar 10, 2026 |
| Naseem Saloojee | See Remarks | Mar 16, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| David Michael King | Chief Financial Officer | Mar 10, 2026 |
| Naseem Saloojee | See Remarks | Mar 16, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Mar 12, 2026 | Management Corp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Management Corp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Canada Ii Sponsor Lp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Canada Ii Sponsor Lp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Naseem Saloojee | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Naseem Saloojee | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Canada Sponsor Lp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Canada Sponsor Lp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Sponsor Lp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Sponsor Lp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Management Corp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Management Corp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Canada Ii Sponsor Lp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Canada Ii Sponsor Lp Suma | Buy | 316,875 | $10.00 |
| Mar 12, 2026 | Naseem Saloojee | Buy | 316,875 | $10.00 |
SUMAU financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| No annual XBRL figures available (foreign filers often report on Form 20-F). | ||||
Latest balance sheet: total assets $175.53M, total liabilities $7.23M, cash $— (as of Jun 30, 2026).
SUMAU earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| No 8-K earnings releases in recent filings. | ||
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Information only, not investment advice. BuyMeWhiskey is not a registered investment adviser or broker-dealer; nothing here is a recommendation to buy, sell or hold any security, and there are no price targets. Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: end-of-day data as of Oct 16, 2026, 4:00 PM ET. Filings: SEC EDGAR. Refreshed every 2 hours during US market hours.