---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-011480"
form_type: "8-K"
ticker: "SIMA"
cik: "0002014982"
company_name: "SIM Acquisition Corp. I"
filed_at: "2026-02-03T23:59:59+00:00"
generated_at: "2026-05-16T05:25:48.392449+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SIM Acquisition Corp. I reports change of control of Sponsor and CEO replacement following Sponsor Acquisition

## Summary
- Sponsor Acquisition closed Jan 28, 2026: Buyers acquired all membership interests in Sponsor and its managing member.
- Cantor Fitzgerald agrees to reduced deferred underwriting fee: 1.5% of trust proceeds vs original $10.95M.
- Erich Spangenberg resigns as Chairman and CEO; Christopher Devall appointed CEO.
- Delos Cosgrove and Vincent Capone resign as directors; new directors Gorlin, Thomas, Saker, Haug to be appointed after Schedule 14F-1.
- Administrative Services Agreement with SIM Management LP terminated; accrued obligations waived.

## SEC filing metadata
- accession: 0001213900-26-011480
- form_type: 8-K
- ticker: SIMA
- cik: 0002014982
- company_name: SIM Acquisition Corp. I
- filed_at: 2026-02-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2014982/000121390026011480/0001213900-26-011480-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2014982/000121390026011480/ea0275244-8k_simacq1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-011480
- JSON: https://secwatch.observer/filing/0001213900-26-011480.json
- Plain text: https://secwatch.observer/filing/0001213900-26-011480.txt

## Key facts
- Material Agreements
  SIM Acquisition Corp. I terminated Administrative Services Agreement with SIM Management LP (effective 2026-01-28).
  - Action: termination
  - Counterparty: SIM Management LP
  - Effective: 2026-01-28
  source text: On January 28, 2026, the Administrative Services Agreement, dated July 9, 2024, by and between the Company and SIM Management LP, an affiliate of the Sponsor, was terminated, and any accrued obligations under the Administrative Services Agreement were waived.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2014982/000121390026011480/0001213900-26-011480-index.htm
- Material Agreements
  SIM Acquisition Corp. I entered into Fee Reduction Agreement with Cantor Fitzgerald & Co. (effective 2026-01-28).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Cantor Fitzgerald & Co.
  - Effective: 2026-01-28
  source text: On January 28, 2026, SIM Acquisition Corp. I (the “Company”) and SIM Sponsor 1 LLC (the “Sponsor”) entered into a fee reduction agreement (the “Fee Reduction Agreement”) with Cantor Fitzgerald & Co. (“Cantor”), as representative of the several underwriters for the Company’s initial public offering consummated on July 11, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2014982/000121390026011480/0001213900-26-011480-index.htm

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