SIM Acquisition Corp. I (SIMAU)
SIM Acquisition Corp. I (SIMAU)
| Balance Sheets | 2026-03-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Cash | 468,399 | 169,145 | 346,169 | |
| Prepaid expenses | 138,747 | 165,000 | 30,000 | |
| Total current assets | 607,146 | 334,145 | 376,169 | |
| Long-term prepaid expense | NaN | NaN | 180,000 | |
| Cash and marketable securities held in trust account | 247,273,611 | 242,776,293 | 240,266,117 | |
| Total assets | 247,880,757 | 243,110,438 | 240,822,286 | |
| Deferred underwriting payable | NaN | 10,950,000 | 10,950,000 | |
| Total long term liabilities | NaN | 10,950,000 | 10,950,000 | |
| Accounts payable and accrued expenses | 65,959 | 43,487 | 7,500 | |
| Promissory note - sponsor, net | 702,262 | NaN | NaN | |
| Total current liabilities | 768,221 | 43,487 | 7,500 | |
| Total liabilities | 768,221 | 10,993,487 | 10,957,500 | |
| Preference shares, .0001 par value, 5,000,000 shares authorized none issued or outstanding as of june 30, 2025 and december 31, 2024 | NaN | NaN | 0 | |
| Class a ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of 10.55 and 10.23 per share as of september 30, 2025 and december 31, 2024, respectively-Common Class A | NaN | 242,676,293 | 240,166,117 | |
| Class a ordinary shares subject to possible redemption, 23,000,000 shares at redemption value of 10.75 and 10.65 per share as of march 31, 2026 and december 31, 2025, respectively | 247,173,611 | NaN | NaN | |
| Ordinary shares, value | 767 | 767 | 767 | |
| Ordinary shares, value-Common Class A | NaN | NaN | 0 | |
| Accumulated deficit | -61,842 | -10,560,109 | -10,302,098 | |
| Total shareholders deficit | -61,075 | -10,559,342 | -10,301,331 | |
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit | 247,880,757 | 243,110,438 | 240,822,286 | |