Company: SIMA
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076651
Chunk: 3

Company: SIM Acquisition Corp. I
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
    Capital  
    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 
     -  
     -  
     -  
     -  
     -  
     2,222,746  
     2,222,746 
  
    Balance - March 31, 2025 
     -  
    $-  
     7,666,667  
    $767  
    $-  
    $(10,120,563) 
    $(10,119,796)
  
    Accretion for Class A ordinary shares subject to redemption amount 
     -  
     -  
     -  
     -  
     -  
     (2,479,087) 
     (2,479,087)
  
    Net Income 
     -  
     -  
     -  
     -  
     -  
     2,297,552  
     2,297,552 
  
    Balance - June 30, 2025 
     -  
    $-  
     7,666,667  
    $767  
    $-  
    $(10,302,098) 
    $(10,301,331)

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