SIM Acquisition Corp. I Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing August 30, 2024
August 28 2024 - 4:00PM
SIM Acquisition Corp. I (Nasdaq: SIMAU) (the
“
Company”) announced today that, commencing August
30, 2024, holders of the units sold in the Company’s initial public
offering may elect to separately trade the Company’s Class A
ordinary shares and warrants included in the units. No fractional
warrants will be issued upon separation of the units and only whole
warrants will trade. The Class A ordinary shares and warrants that
are separated will trade on the Nasdaq Global Market under the
symbols “SIMA” and “SIMAW,” respectively. Those units not separated
will continue to trade on the Nasdaq Global Market under the symbol
“SIMAU.”
This press release shall not constitute an offer
to sell or the solicitation of an offer to buy the securities of
the Company, nor shall there be any sale of these securities in any
state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
About SIM Acquisition Corp.
I
SIM Acquisition Corp. I is a blank check company
formed for the purpose of effecting a merger, amalgamation, share
exchange, asset acquisition, share purchase, reorganization or
similar business combination with one or more businesses. The
Company may pursue an acquisition opportunity in any business or
industry or at any stage of its corporate evolution. The Company’s
primary focus, however, will be in completing a business
combination with a company in the healthcare industry.
Forward-Looking Statements
This press release may include, and oral
statements made from time to time by representatives of the Company
may include, “forward-looking statements” within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Statements
regarding possible business combinations and the financing thereof,
and related matters, as well as all other statements other than
statements of historical fact included in this press release are
forward-looking statements. When used in this press release, words
such as “anticipate,” “believe,” “continue,” “could,” “estimate,”
“expect,” “intend,” “may,” “might,” “plan,” “possible,”
“potential,” “predict,” “project,” “should,” “would” and similar
expressions, as they relate to us or our management team, identify
forward-looking statements. Such forward-looking statements are
based on the beliefs of management, as well as assumptions made by,
and information currently available to, the Company’s management.
Actual results could differ materially from those contemplated by
the forward-looking statements as a result of certain factors
detailed in the Company’s filings with the Securities and Exchange
Commission (“SEC”). All subsequent written or oral
forward-looking statements attributable to us or persons acting on
our behalf are qualified in their entirety by this paragraph.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company’s registration
statement and prospectus for the Company’s initial public offering
filed with the SEC. The Company undertakes no obligation to update
these statements for revisions or changes after the date of this
release, except as required by law.
For Media and Investor Relations, please
contact:
David KugelmanAtlanta Capital Partners LLC(866)
692-6847 Toll Free - U.S. & Canada(404) 281-8556 Mobile and
WhatsAppEmail: dk@atlcp.com
Company contact:
David KutcherSIM Acquisition Corp. IChief
Financial Officer(786) 753 9305Email: spac@sauvegarder.io
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