For the quarter ending 2025-09-30, SIMAW has $243,110,438 in assets. $10,993,487 in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 169,145 | 346,169 | ||
| Prepaid expenses | 165,000 | 30,000 | ||
| Total current assets | 334,145 | 376,169 | ||
| Long-term prepaid expense | - | 180,000 | ||
| Marketable securities held in trust account | 242,776,293 | 240,266,117 | ||
| Total assets | 243,110,438 | 240,822,286 | ||
| Accounts payable and accrued expenses | 43,487 | 7,500 | ||
| Total current liabilities | 43,487 | 7,500 | ||
| Deferred underwriting payable | 10,950,000 | 10,950,000 | ||
| Total long term liabilities | 10,950,000 | 10,950,000 | ||
| Total liabilities | 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 | - | 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 | 242,676,293 | 240,166,117 | ||
| Ordinary shares, value-Common Class B | 767 | 767 | ||
| Ordinary shares, value-Common Class A | - | 0 | ||
| Accumulated deficit | -10,560,109 | -10,302,098 | ||
| Total shareholders deficit | -10,559,342 | -10,301,331 | ||
| Total liabilities, class a ordinary shares subject to possible redemption, and shareholders deficit | 243,110,438 | 240,822,286 | ||
SIM Acquisition Corp. I (SIMAW)
SIM Acquisition Corp. I (SIMAW)