Sim Acquisition I Stock Price, News & Analysis
Company Description
SIM Acquisition Corp. I is a blank-check company formed as a special purpose acquisition company to pursue an initial business combination. The company is organized as a Cayman Islands exempted company and its Class A ordinary shares trade on the Nasdaq Stock Market under the symbol SIMA. Its related public securities include units under SIMAU and redeemable warrants under SIMAW.
The company does not operate a traditional commercial business with products, services or operating segments. Its public-company structure is built around the SPAC model: capital raised in its initial public offering is associated with a trust-account framework, public shareholders hold ordinary shares with redemption rights under applicable SPAC mechanics, and warrants provide a separate security tied to Class A ordinary shares. Each public unit consists of one Class A ordinary share and one-half of one redeemable warrant, while each whole warrant is exercisable for one Class A ordinary share at the stated warrant exercise price.
SIM Acquisition Corp. I's corporate activity centers on the governance, financing and shareholder-approval mechanics that apply to blank-check companies before a business combination. Its disclosures identify SIM Sponsor 1 LLC as sponsor in connection with SPAC-related agreements and capital arrangements. The company has also disclosed administrative support arrangements and working-capital financing through formal agreements, which are typical operating support matters for a SPAC without revenue-producing operations.
As a reporting issuer, SIM Acquisition Corp. I has disclosed its status as an emerging growth company. Its recurring corporate matters include shareholder meetings, proxy proposals, deadline-extension mechanics, capital-structure disclosures for ordinary shares and warrants, material agreements, and other governance items related to maintaining the SPAC structure while it pursues its stated business-combination mandate.
Stock Performance
Sim Acquisition I (SIMA) stock last traded at $10.89. Over the past 12 months, the stock has gained 4.7%. At a market capitalization of $89.5M, SIMA is classified as a micro-cap stock with approximately 8.2M shares outstanding.
SIMA Rankings
Latest News
Sim Acquisition I has 3 recent news articles. Of the recent coverage, 0 articles coincided with positive price movement and 1 with negative movement. Key topics include partnership, AI. View all SIMA news →
SEC Filings
Sim Acquisition I has filed 5 recent SEC filings, including 3 Form SCHEDULE 13G/A, 1 Form SCHEDULE 13D, 1 Form 10-Q. The most recent filing was submitted on June 5, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all SIMA SEC filings →
Financial Highlights
operating income reached -$1.0M, and net income was $8.8M. The company generated -$632K in operating cash flow. With a current ratio of 0.89, short-term liquidity bears monitoring.
Upcoming Events
Short Interest History
Short interest in Sim Acquisition I (SIMA) currently stands at 11.7 thousand shares, down 22.6% from the previous reporting period, representing 0.3% of the shares outstanding. Over the past 12 months, short interest has increased by 1153.7%.
Days to Cover History
Days to cover for Sim Acquisition I (SIMA) currently stands at 1.8 days, up 81% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has increased 81% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 3.8 days.
SIMA Company Profile & Sector Positioning
Sim Acquisition I (SIMA) operates in the Shell Companies industry within the broader Blank Checks sector and is listed on the NASDAQ.