Welcome to our dedicated page for SIM Acquisition I SEC filings (Ticker: SIMA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
SIM Acquisition Corp. I filings document the regulatory record for a Cayman Islands SPAC with Nasdaq-listed ordinary shares, units and redeemable warrants. Its Forms 8-K report material events such as administrative services arrangements, working-capital financing, underwriter-fee arrangements, shareholder-meeting postponements and other governance matters.
The company's proxy materials describe shareholder voting matters tied to the SPAC structure, including extension proposals and meeting mechanics. Its filings also disclose security structure, sponsor-related arrangements, emerging-growth-company status, capital-structure terms for warrants and ordinary shares, and corporate matters related to the pursuit of an initial business combination.
SIM Acquisition Corp. I reported that SIM Sponsor 1 LLC, an entity associated with Eric Newman, converted 3,000,000 Class B ordinary shares into 3,000,000 Class A ordinary shares on May 11, 2026. The conversion occurred on a one-for-one basis at a stated price of $0.00 per share, reflecting a change in share class rather than a market purchase or sale. Following the transaction, the reporting persons held 3,000,000 Class A ordinary shares and continued to hold 4,646,669 Class B ordinary shares. Newman may be deemed a beneficial owner through his control of the sponsor entity but disclaims beneficial ownership beyond his pecuniary interest.
SIM Acquisition Corp. I reported several significant actions around its SPAC structure and timeline. The company converted 3,000,000 Class B ordinary shares held by its sponsor into 3,000,000 Class A ordinary shares on May 11, 2026 under an exemption from registration. After this conversion and meeting-related redemptions, 3,552,768 Class A ordinary shares and 4,666,667 Class B ordinary shares are issued and outstanding.
Shareholders approved an amendment to extend the deadline to complete a business combination from July 11, 2026 to July 12, 2027, or an earlier date set by the board. In connection with this extension vote, holders of 22,447,232 public shares redeemed at approximately $10.79 per share, for an aggregate of about $242.2 million, leaving 552,768 public shares outstanding. Shareholders also ratified the selection of WithumSmith+Brown, PC as auditor for the year ending December 31, 2026.
SIM Acquisition Corp. I director Anthony Hayes filed an initial statement of beneficial ownership on Form 3. The filing lists him as a director of SIM Acquisition Corp. I but does not report any transactions or share holdings, serving mainly as a baseline disclosure of his insider status.
SIM Acquisition Corp. I director Kyle Haug filed a Form 3, which is an initial insider ownership report for issuer SIMA. The filing lists Mr. Haug as a director and shows no reported transactions or derivative positions, with all buy, sell, and exercise share counts at zero.
SIM Acquisition Corp. I director Matthew John Saker has filed a Form 3, which is an initial statement of beneficial ownership of the company’s securities. The filing does not report any buy, sell, or other transaction in SIM Acquisition Corp. I shares.
SIM Acquisition Corp. I filed an update about its shareholder meeting and a proposed extension of its business combination deadline. The company has postponed its extraordinary general meeting from May 1, 2026 at 10:00 a.m. to May 7, 2026 at 3:00 p.m. Eastern Time.
At this meeting, shareholders will vote on an Extension Amendment Proposal to move the deadline to complete an initial business combination from July 11, 2026 to July 12, 2027, or an earlier date set by the board. The deadline for shareholders to exercise redemption rights tied to this vote is now May 5, 2026 at 5:00 p.m. Eastern Time.
SIM Acquisition Corp. I entered into a non-binding Letter of Intent with American Industrial Technologies, Inc. (AIT) for a potential deSPAC business combination in which SIM would acquire 100% of AIT’s equity and equity equivalents, subject to negotiation and signing of definitive agreements.
AIT, which will operate Q1, is described as a 33-year telecommunications leader with an integrated platform across manufacturing, logistics, distribution, and connected device ecosystems, serving Tier 1 and Tier 2 carriers in the United States, Europe, and Latin America. The parties agreed to an initial 45-day exclusivity period, automatically extendable by 15 days if they continue working in good faith toward a transaction, while most LOI terms remain non-binding until definitive documents are executed.