Company: SIMA
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109984
Chunk: 4

Company: SIM Acquisition Corp. I
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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    Net Loss 
     -  
     -  
     -  
     -  
     -  
     (41,305) 
     (41,305)
  
    Balance - June 30, 2024 
     -  
    $-  
     7,666,667  
    $767  
    $24,233  
    $(41,305) 
    $(16,305)
  
    Sale of 6,000,000 Private Placement Warrants 
     -  
     -  
     -  
     -  
     6,000,000  
     -  
     6,000,000 
  
    Fair Value of Public Warrants at issuance 
     -  
     -  
     -  
     -  
     1,610,000  
     -  
     1,610,000 
  
    Allocated value of transaction costs to Class A Shares subject to redemption amount 
     -  
     -  
     -  
     -  
     (120,051) 
     -  
     (120,051)
  
    Accretion for Class A ordinary shares subject to redemption amount 
     -  
     -  
     -  
     -  
     (7,514,182) 
     (11,930,846) 
     (19,445,028)
  
    Net Income 
     -  
     -  
     -  
     -  
     -  
     2,357,270  
     2,357,270 
  
    Balance - September 30, 2024 
     -  
    $-  
     7,666,667  
    $767  
    $-  
    $(9,614,881) 
    $(9,614,114)

(1)This
number includes up to 1,000,000 Class B ordinary shares subject to forfeiture if the over-allotment option was not exercised in full
or in part by the underwriters (see Note 5). In May 2024, the Company effected a share dividend of 0.33 shares for each Class B ordinary
share outstanding