October 30, 2025 · Form 4 insider transaction
SIM Sponsor 1 LLC bought 60,000 shares of SIM ACQUISITION CORP. I at $0.00 per share, a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 1 day after the transaction.
The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.; Pursuant to certain securities assignment agreement, the Class B ordinary shares were assigned by a resigning director of the Issuer to the Reporting Persons for no consideration.; Erich Spangenberg, Chairman and Chief Executive Officer of the Issuer, and David Kutcher, Chief Financial Officer of the Issuer, are the co-managing members of Conroy Partners LLC, the managing member of the Reporting Persons and hold voting and investment discretion with respect to the ordinary shares held of record by the Sponsor. As such, each of Mr. Spangenberg and Mr. Kutcher may be deemed to have beneficial ownership of the securities held of record by the Reporting Persons. Each of Mr. Spangenberg and Mr. Kutcher disclaim any beneficial ownership of the securities held of record by the Reporting Persons except to the extent of his pecuniary interest therein.