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SIM Acquisition Corp I (Ticker: SIMAU US) is a holding company operating as a Special Purpose Acquisition Company (SPAC). SIM Acquisition Corp I listed on July 10, 2024, on NASDAQ Global Market.
The firm sold 23 million units, including 3 million units from the exercised greenshoe option, at USD 10.00 per unit, raising USD 230 million. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. The offering was managed by Cantor Fitzgerald.
SIM Acquisition Corp I may pursue an initial business combination in any industry but expects to focus on companies in the healthcare sector.