Sim Acquisition CORP I

Market Movers (8-K)

NASDAQ
SIM Acquisition Corp. I shareholders approved an extension to complete a business combination until July 12, 2027, following significant share redemptions.
Delay expected
NASDAQ
SIM Acquisition Corp. I has rescheduled its extraordinary general meeting to May 7, 2026, to vote on extending its business combination deadline.
Delay expected
NASDAQ
SIM Acquisition Corp. I has entered into a non-binding letter of intent to acquire American Industrial Technologies, Inc. in a deSPAC business combination.
Capital raise
NASDAQ
SIM Acquisition Corp. I has rescheduled its extraordinary general meeting to May 1, 2026, to vote on extending its business combination deadline.
Delay expected
NASDAQ
SIM Acquisition Corp. I has rescheduled its extraordinary general meeting to April 23, 2026, to vote on extending its business combination deadline.
Delay expected
NASDAQ
SIM Acquisition Corp. I entered into an administrative services agreement and secured a $1.5 million promissory note from its sponsor to fund working capital.
Capital raise

Quarterly Earnings (10-Q)

NASDAQ
SIM Acquisition Corp. I reports increased net income from trust account interest but faces substantial doubt about its ability to continue as a going concern due to the approaching business combination deadline.
Delay expected
Worse than expected
Capital raise
NASDAQ
SIM Acquisition Corp. I reports net income driven by Trust Account interest, but faces substantial doubt about its ability to continue as a going concern without a business combination by July 2026.
Worse than expected
Capital raise
NASDAQ
SIM Acquisition Corp. I reports a net income of $2,222,746 for the three months ended March 31, 2025, primarily due to interest earned on its Trust Account.
NASDAQ
SIM Acquisition Corp. I, a blank check company, reported a net income of $2.3 million for the quarter ending September 30, 2024, primarily driven by interest earned on its trust account.
Capital raise
NASDAQ
SIM Acquisition Corp. I, a blank check company, released its first quarterly report since its July 2024 IPO, detailing its financial position and activities.
Capital raise
NASDAQ
SIM Acquisition Corp. I, a blank check company, released its first quarterly report for the period ended March 31, 2024, following its initial public offering in July 2024.
Capital raise

Annual Reports (10-K)

NASDAQ
SIM Acquisition Corp. I reports a strategic pivot to U.S. industrial and tech sectors, new leadership, and a fee reduction agreement, while acknowledging substantial doubt about its ability to continue as a going concern.
Capital raise
Worse than expected
NASDAQ
SIM Acquisition Corp. I details its registered securities, including units, Class A Ordinary Shares, and Public Warrants, as of December 31, 2024, in its annual report.

Insider Trading (Form 4)

NASDAQ
SIM Sponsor 1 LLC converted 3,000,000 Class B ordinary shares into Class A ordinary shares of SIM Acquisition Corp. I.
NASDAQ
SIM Sponsor 1 LLC and Eric Newman reported the acquisition of 120,000 Class B ordinary shares of SIM Acquisition Corp. I from resigning directors for no consideration.
NASDAQ
SIM Sponsor 1 LLC's beneficial ownership of SIM Acquisition Corp. I shares is now under the voting and investment discretion of Eric Newman following a change in the sponsor's managing member.
NASDAQ
SIM Sponsor 1 LLC, CEO Erich Spangenberg, and CFO David Kutcher increased their beneficial ownership of Class B Ordinary Shares through an assignment.

New Public Companies (S-1)

NASDAQ
SIM Acquisition Corp. I filed an amendment to its S-1 registration statement with the SEC on June 28, 2024, primarily to include certain exhibits.
Capital raise
NASDAQ
SIM Acquisition Corp. I, a blank check company, has filed for a $200 million IPO to pursue a business combination within the healthcare industry.
Capital raise

Schedule 13D - Activist Investments

NASDAQ
SIM Sponsor 1 LLC and affiliates report a 93.2% beneficial ownership stake in SIM Acquisition Corp. I following a share conversion.
Capital raise

Schedule 13G - Passive Investments

NASDAQ
Karpus Management, Inc. has filed an amendment to its Schedule 13G, reporting a 0% beneficial ownership stake in SIM Acquisition Corp. I.
NASDAQ
Westchester Capital Management, LLC has filed a Schedule 13G, reporting beneficial ownership of 767,556 Class A ordinary shares, representing 3.34% of the outstanding shares of SIM Acquisition Corp. I.
NASDAQ
Picton Mahoney Asset Management has reported beneficial ownership of 5.65% of SIM Acquisition Corp. I's Class A Ordinary Shares as of March 31, 2026.
NASDAQ
SIM Sponsor 1 LLC, Conroy Partners LLC, and Eric Newman report beneficial ownership of 24.7% of SIM Acquisition Corp. I Class A Ordinary Shares following a change in sponsor control.
NASDAQ
Goldman Sachs Group and its affiliate have reported a 4.2% beneficial ownership in SIM Acquisition Corp. I, holding 969,533 Class A ordinary shares.
NASDAQ
Karpus Management, Inc. reports a 6.25% passive ownership stake in SIM Acquisition Corp. I, holding 1,917,889 common shares.