SIM Acquisition Corp. I Files S-1/A Amendment
Ticker: SIMAU · Form: S-1/A · Filed: Jun 28, 2024 · CIK: 2014982
| Field | Detail |
|---|---|
| Company | Sim Acquisition Corp. I (SIMAU) |
| Form Type | S-1/A |
| Filed Date | Jun 28, 2024 |
| Risk Level | medium |
| Pages | 10 |
| Reading Time | 11 min |
| Key Dollar Amounts | $25,000, $0.004, $191.6670, $0.0001, $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, registration-statement, sec-filing
TL;DR
SPAC SIM Acquisition Corp. I filed an S-1/A, signaling progress on its business combination plans.
AI Summary
SIM Acquisition Corp. I filed an S-1/A amendment on June 28, 2024, for its registration statement. The company, incorporated in the Cayman Islands, is a "blank check" company (SIC code 6770) and is seeking to complete a business combination. Its principal executive offices are located at 78 SW 7th Street, Suite 500, Miami, Florida.
Why It Matters
This filing indicates SIM Acquisition Corp. I is moving forward with its plans as a special purpose acquisition company (SPAC), potentially leading to a future merger or acquisition that could impact investors and the target company.
Risk Assessment
Risk Level: medium — As a SPAC, the company's success is contingent on finding and completing a suitable acquisition, which carries inherent risks.
Key Numbers
- 6770 — SIC Code (Identifies SIM Acquisition Corp. I as a 'Blank Checks' company, typical for SPACs.)
- 333-280274 — SEC File Number (Unique identifier for the registration statement filed with the SEC.)
Key Players & Entities
- SIM Acquisition Corp. I (company) — Registrant
- 6770 (dollar_amount) — Standard Industrial Classification Code for Blank Checks
- 333-280274 (dollar_amount) — SEC File Number
- June 28, 2024 (date) — Filing Date
- David Kutcher (person) — Contact Person
FAQ
What is the primary purpose of this S-1/A filing?
The S-1/A filing is an amendment to the registration statement for SIM Acquisition Corp. I, indicating progress in its process as a special purpose acquisition company.
When was this amendment filed with the SEC?
This amendment was filed with the U.S. Securities and Exchange Commission on June 28, 2024.
Where is SIM Acquisition Corp. I's principal executive office located?
The principal executive offices of SIM Acquisition Corp. I are located at 78 SW 7th Street, Suite 500, Miami, Florida, 33130.
What is the Standard Industrial Classification (SIC) code for SIM Acquisition Corp. I?
The SIC code for SIM Acquisition Corp. I is 6770, which corresponds to 'Blank Checks'.
What is the jurisdiction of incorporation for SIM Acquisition Corp. I?
SIM Acquisition Corp. I is incorporated in the Cayman Islands.
Filing Stats: 2,863 words · 11 min read · ~10 pages · Grade level 14.2 · Accepted 2024-06-28 17:26:22
Key Financial Figures
- $25,000 — 4, SIM Sponsor 1 LLC, our sponsor, paid $25,000, or approximately $0.004 per share, to
- $0.004 — sponsor, paid $25,000, or approximately $0.004 per share, to cover certain of our offe
- $191.6670 — y shares. In May 2024, we capitalized US$191.6670 standing to the credit of our share pre
- $0.0001 — in full (as to the full par value of US$0.0001 per share) an aggregate of 1,916,670 un
- $1.00 — lotment option is exercised in full) at $1.00 per warrant (for an aggregate purchase
- $6,000,000 — ant (for an aggregate purchase price of $6,000,000 (including if the underwriters’
Filing Documents
- ea0204058-06.htm (S-1/A) — 197KB
- ea020405806ex1-1_simacq1.htm (EX-1.1) — 253KB
- ea020405806ex3-2_simacq1.htm (EX-3.2) — 465KB
- ea020405806ex5-1_simacq1.htm (EX-5.1) — 11KB
- ea020405806ex5-2_simacq1.htm (EX-5.2) — 57KB
- ea020405806ex10-2_simacq1.htm (EX-10.2) — 86KB
- ex5-2_001.jpg (GRAPHIC) — 2KB
- 0001213900-24-057315.txt ( ) — 1073KB
Signatures
Signatures Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Miami, Florida, on the 28 th   day of June, 2024.   SIM Acquisition Corp. I     By:   /s/ David Kutcher         Name: David Kutcher         Title: Chief Financial Officer KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints each of Erich Spangenberg and David Kutcher his true and lawful attorney -in -fact , with full power of substitution and resubstitution for him and in his name, place and stead, in any and all capacities to sign any and all amendments including post -effective amendments to this registration statement and any and all registration statements filed pursuant to Rule 462 under the Securities Act of 1933, as amended, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the SEC, hereby ratifying and confirming all that said attorney -in -fact or his substitute, each acting alone, may lawfully do or cause to be done by virtue thereof. Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated. Name   Position   Date /s/ Erich Spangenberg   Chief Executive Officer and Chairman   June 28, 2024 Erich Spangenberg   (Principal Executive Officer)     /s/ David Kutcher   Chief Financial Officer   June 28, 2024 David Kutcher   (Principal Financial Officer and Principal Accounting Offic