Company: SIMA
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026255
Chunk: 658

Company: SIM Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 658
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 General Counsel and from April 2018 as President of Michaelson
Capital Partners, a New York-based private equity fund investing in technology companies. Mr. Capone has an extensive background in representing
life science and technology companies and he has a long track record as a business-focused and results-oriented leader in driving corporate
growth and development. He began his career as a certified public accountant at KPMG before practicing corporate and securities law. He
has more than 20 years of broad corporate and securities law experience, first at Morgan Lewis LLP, then as a Partner at Reed Smith LLP.
Mr. Capone serves as a senior advisor to Alexet Capital Associates, LLC and is a Board Member of the Ryan Lesher Foundation, a non-profit
organization assisting families in Bucks County, Pennsylvania. Mr. Capone earned both his J.D. and M.B.A. degrees from Temple University
and his B.S. degree in Accounting from The Pennsylvania State University. Mr. Capone’s accounting, transactional, private equity
and healthcare-related experience makes him well qualified to serve on our Board of Directors.

Family Relationships

No family relationships
exist between any of our directors or executive officers.

Involvement in Certain Legal Proceedings

There are no material proceedings
to which any director or executive officer, or any associate of any such director or officer is a party adverse to our Company, or has
a material interest adverse to our Company.

Number and Terms of Office of Officers and
Directors

Our Board of Directors consists
of five members and is divided into three classes with only one class of directors being appointed in each year, and with each class (except
for those directors appointed prior to our first annual general meeting) serving a three-year term. Prior to the closing of our initial
Business Combination, only holders of our Class B Ordinary Shares are entitled to vote on the appointment and removal of directors or
continuing the company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our Amended and
Restated Memorandum or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation
in a jurisdiction outside the Cayman Islands). Holders of our Public Shares are not entitled to vote on such matters during such time.
These provisions of our Amended and Restated Memorandum relating to these rights of holders of Class B Ordinary Shares may be amended
by a special resolution passed by the affirmative vote of at least 90% (or, where such