Company: SIMA
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109984
Chunk: 72

Company: SIM Acquisition Corp. I
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 8
Chunk 72
---
 the Company did not identify any subsequent events that would have required adjustment
or disclosure in the condensed financial statements.

16

Item 2. Management’s Discussion and Analysis of Financial
Condition and Results of Operations. 

Cautionary Note Regarding Forward-Looking Statements

All statements other than
statements of historical fact included in this Report including, without limitation, statements under this Item regarding our financial
position, possible Business Combinations and the financing thereof, and related matters and the plans and objectives of Management for
future operations, are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange
Act. When used in this Report, words such as “may,” “should,” “could,” “would,” “anticipate,”
“believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to us
or our Management, identify forward-looking statements. We have based these forward-looking statements on our Management’s current
expectations and projections about future events, as well as assumptions made by, and information currently available to, our Management.
Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed
in our filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf
are qualified in their entirety by this paragraph.

The following discussion and
analysis of our financial condition and results of operations should be read in conjunction with the unaudited condensed financial statements
and the notes thereto included in this Report under “Item 1. Financial Statements”.

Overview

We are a blank check company
incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a Business Combination. We have not selected
any Business Combination target. We may pursue an initial Business Combination in any business or industry, but are focusing on companies
in the healthcare industry. We intend to effectuate our initial Business Combination using cash from the proceeds of the Initial Public
Offering and the Private Placement, the proceeds of the sale of our shares in connection with our initial Business Combination (pursuant
to any forward purchase agreements or backstop agreements we may enter into following the consummation of the Initial Public Offering
or otherwise), shares issued to the owners of the target, debt issued to bank or other lenders or the owners of the target, other securities
issuances, or a combination of the foregoing.

The issuance of additional