Company: SIMA
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026255
Chunk: 407

Company: SIM Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 2
Chunk 407
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)
    Exhibits

We hereby file as part of
this Report the exhibits listed in the attached Exhibit Index. Exhibits that are incorporated herein by reference can be inspected on
the SEC website at www.sec.gov. 

Item
16. Form 10-K Summary.

Omitted at our Company’s
option.

37

SIM ACQUISITION CORP. I

INDEX TO FINANCIAL STATEMENTS 

    Report of Independent Registered Public Accounting Firm (PCAOB ID #100)
     
    F-2

    Financial Statements:

    Balance Sheet as of December 31, 2024
     
    F-3

    Statement of Operations for the period from January 29, 2024 (inception) to December 31, 2024
     
    F-4

    Statement of Changes in Shareholder’s Equity (Deficit) for the period from January 29, 2024 (inception) to December 31, 2024
     
    F-5

    Statement of Cash Flows for the period from January 29, 2024 (inception) to December 31, 2024
     
    F-6

    Notes to Financial Statements
     
    F-7 to F-18

F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING
FIRM

To the Shareholders and the Board of Directors
of

SIM Acquisition Corp. I:

Opinion on the Financial Statements

We have audited the accompanying balance sheet
of SIM Acquisition Corp. I (the “Company’) as of December 31, 2024, and the related statements of operations, changes in shareholders’
equity (deficit) and cash flows for the period from January 29, 2024 (inception) through December 31, 2024, and the related notes (collectively
referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects,
the financial position of the Company as of December 31, 2024, and the results of its operations and its cash flows for the period from
January 29, 2024 (inception) through December 31, 2024, in conformity with accounting principles generally accepted in the United States
of America.

Basis for Opinion

These financial statements are the responsibility
of the Company’s management. Our responsibility is to express an opinion on the Company’s financial