secwatch.observer — SEC 8-K summary
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Issuer:     SIM Acquisition Corp. I (SIMA)
CIK:        0002014982
Form:       8-K
Filed at:   2024-07-17T23:59:59+00:00
Accession:  0001213900-24-062153
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SIM Acquisition Corp. I closes IPO of 23M units for $230M gross proceeds
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- Sold 23,000,000 units at $10.00 each, including full over-allotment; gross proceeds $230,000,000.
- Private placement of 6,000,000 warrants at $1.00 each to sponsor and Cantor Fitzgerald raised $6,000,000.
- $230,000,000 deposited into trust account held by Continental Stock Transfer & Trust Company.
- Audited balance sheet: total assets $232.0M, total liabilities $11.6M, accumulated deficit $9.6M.
- Class A ordinary shares subject to possible redemption of $230M; 7,666,667 Class B shares outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2014982/000121390024062153/0001213900-24-062153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2014982/000121390024062153/ea0209470-8k_simacq1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-062153

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