Company: SIMA
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026255
Chunk: 60

Company: SIM Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 60
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 consummated by the end of our Combination
Period, then, unless we obtain shareholder approval to extend the Combination Period, our existence will terminate, and we will distribute
all amounts in the Trust Account.

We may seek to extend the
Combination Period consistent with applicable laws, regulations and stock exchange rules by amending our Amended and Restated
Memorandum. Such an amendment would require the approval of our Public Shareholders, who will be provided the opportunity to redeem
all or a portion of their Public Shares in connection with the vote on such approval. Such redemptions will decrease the amount held
in our Trust Account and our capitalization, and may affect our ability to maintain our listing on Nasdaq. In addition,
Nasdaq’s rules currently require SPACs (such as us) to complete our initial Business Combination in accordance with the Nasdaq
36-Month Requirement. If we do not meet the Nasdaq 36-Month Requirement, our securities will likely be subject to a suspension of
trading and delisting from Nasdaq.

Sauvegarder Investment Management, Inc.

Members of our Sponsor include
the partners and employees of SIM, a multi-strategy investment firm dedicated to intellectual property-related financing and investment
opportunities including structured senior debt, structured equity, and high-value licensing and monetization campaigns. Founded in 2023,
SIM invests across intellectual property as an asset class and across jurisdictions, primarily focusing on the U.S., Europe and Israel.
We utilize the SIM platform to provide access to deal prospects, and network, along with any necessary resources to aid in the identification,
diligence, and operational support of a target for the initial Business Combination. SIM partners and employees maintain an extensive
network of relationships that we believe provide us with a distinct advantage for sourcing opportunities and ultimately creating value
for shareholders.

The past performance of our
Management Team, SIM, or their respective affiliates is not a guarantee either (i) of success with respect to any Business Combination
we may consummate or (ii) that we will be able to identify a suitable candidate for our initial Business Combination. You should not rely
on the historical record of our Management Team’s or SIM’s or their respective affiliates’ performance as indicative
of our future performance.

1

Healthcare Industry Attractiveness

The healthcare sector is large
and rapidly growing and our Management Team will use our competitive advantages to pursue attractive investment opportunities. Healthcare
is one of the fastest growing sectors of the U.S