8-K
filed May 13, 2026, 5:15 PM ET
ticker SIMA
CIK 0002014982
other material
confidence high
sentiment negative
materiality 0.85
SIM Acquisition Corp. I shareholders approve extension to July 2027; $242M redeemed
SIM Acquisition Corp. I
- Shareholders approved extension of business combination deadline from July 11, 2026 to July 12, 2027.
- Holders of 22,447,232 public shares redeemed at ~$10.79/share, totaling ~$242.2 million.
- Following redemptions, only 552,768 public shares remain outstanding.
- Issued 3,000,000 Class A shares to sponsor upon conversion of Class B shares on May 11, 2026.
- Auditor ratification (WithumSmith+Brown) approved with 21.7M votes for.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
SIM Acquisition Corp. I: Approved amendment to the Company's amended and restated memorandum and articles of association to extend the deadline to consummate a business combination from July 11, 2026 to July 12, 2027 (effective 2026-05-11).
- Change
- charter amendment
- Effective
- 2026-05-11
Exact text from the filing
The Company filed the Extension Amendment with the Cayman Islands Registrar of Companies on May 11, 2026.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SIM Acquisition Corp. I shareholders approved Approval of Extension Amendment to extend the date by which the Company must consummate a Business Combination from July 11, 2026 to July 12, 2027.
- Proposal
- charter amendment
- Outcome
- passed
Exact text from the filing
The Extension Amendment Proposal was approved with the following vote from the holders of the Ordinary Shares: For Against Abstentions Broker Non-Votes 20,911,983 5,970,134 0 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SIM Acquisition Corp. I shareholders approved Ratification of the selection by the Board's Audit Committee of WithumSmith+Brown, PC to serve as the Company's independent registered public accounting firm for the year ending December 31, 2026.
- Proposal
- auditor ratification
- Outcome
- passed
Exact text from the filing
The Auditor Ratification Proposal was approved with the following vote from the holders of the Ordinary Shares: For Against Abstentions Broker Non-Votes 21,654,287 5,227,830 0 0
View on SEC.gov
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