Company: SIMA
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109984
Chunk: 2

Company: SIM Acquisition Corp. I
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
 20,500,000  
     23,000,000  
     7,666,667 
  
    Basic and diluted net income per ordinary share, Class A,  ordinary shares subject to possible redemption 
    $0.07  
    $0.08  
    $0.22  
    $0.16 

    Weighted average shares outstanding, Class B non-redeemable ordinary shares 
     7,666,667  
     7,557,971  
     7,666,667  
     7,000,000 
  
    Basic and
    diluted net income per share, Class B non-redeemable ordinary shares 
    $0.07  
    $0.08  
    $0.22  
    $0.16 

The accompanying notes are an integral part
of the condensed financial statements.

2

SIM ACQUISITION CORP. I

CONDENSED STATEMENTS OF CHANGES IN
SHAREHOLDERS’ DEFICIT

FOR THE THREE AND NINE MONTHS ENDED
SEPTEMBER 30, 2025 AND

FOR THE PERIOD FROM JANUARY 29 (INCEPTION) TO SEPTEMBER 30, 2024 AND

FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2024
(UNAUDITED)

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

    Shares  
    Amount  
    Shares  
    Amount  
    Deficit  
    Deficit  
    Deficit 
  
    Balance - January 1, 2025 
                 -  
    $            -  
     7,666,667  
    $    767  
    $-  
    $(9,879,091) 
    $(9,878,324)
  
    Accretion for Class A ordinary shares subject to redemption amount 
     -  
     -  
     -  
     -  
     -  
     (2,464,218) 
    $(2,464,218)
  
    Net Income 
     -  
     -  
     -  
     -