---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-061038"
form_type: "8-K"
ticker: "SIMA"
cik: "0002014982"
company_name: "SIM Acquisition Corp. I"
filed_at: "2024-07-12T23:59:59+00:00"
generated_at: "2026-05-31T21:30:17.875641+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SIM Acquisition Corp. I completes $230M IPO; units begin trading on Nasdaq

## Summary
- 23M units sold at $10.00 each, including 3M over-allotment units exercised in full by underwriters.
- Gross proceeds $230M; $230M placed in trust; private placement of 6M warrants at $1.00 each raised $6M.
- CEO Erich Spangenberg and CFO David Kutcher lead management; board includes Dr. Delos Cosgrove.
- Company's primary focus is a business combination in the healthcare industry.
- Units (SIMAU), ordinary shares (SIMA), and warrants (SIMAW) listed on Nasdaq.

## SEC filing metadata
- accession: 0001213900-24-061038
- form_type: 8-K
- ticker: SIMA
- cik: 0002014982
- company_name: SIM Acquisition Corp. I
- filed_at: 2024-07-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2014982/000121390024061038/0001213900-24-061038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2014982/000121390024061038/ea0209260-8k_simacq1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-061038
- JSON: https://secwatch.observer/filing/0001213900-24-061038.json
- Plain text: https://secwatch.observer/filing/0001213900-24-061038.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.