secwatch.observer — SEC 8-K summary
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Issuer:     SIM Acquisition Corp. I (SIMA)
CIK:        0002014982
Form:       8-K
Filed at:   2024-07-12T23:59:59+00:00
Accession:  0001213900-24-061038
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2014982/000121390024061038/0001213900-24-061038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2014982/000121390024061038/ea0209260-8k_simacq1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-061038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer