Company: SIMA
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026255
Chunk: 680

Company: SIM Acquisition Corp. I
Filing Date: 2025-03-31
Form: 10-K
Item: Item 6
Chunk 680
---
 and diluted net income per ordinary share, Class A, ordinary shares
    subject to possible redemption 
    $0.25 

    Weighted average shares outstanding, Class B non-redeemable ordinary shares 
     7,181,460 
  
    Basic and diluted net income per share, Class B non-redeemable ordinary shares 
    $0.25 

The accompanying notes are an integral
part of this financial statement.

F-4

SIM ACQUISITION CORP. I

STATEMENT OF CHANGES IN SHAREHOLDER’S
EQUITY (DEFICIT)

FOR THE PERIOD FROM JANUARY 29, 2024
(INCEPTION) TO DECEMBER 31, 2024

    Class A Ordinary Shares  
    Class B  Ordinary Shares  
    Additional Paid-in   
    Accumulated  
    Total Shareholder’s 

    Shares  
    Amount  
    Shares  
    Amount  
    Capital  
     Deficit  
     Deficit 
  
    Balance - January 29, 2024 (inception) 
             -  
    $       -  
         -  
    $-  
    $-  
    $-  
    $- 
  
    Issuance of Class B Ordinary Shares to Sponsor (1) 
     -  
     -  
     7,666,667  
     767  
     24,233  
     -  
     25,000 
  
    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