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SIM Acquisition Corp. I Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing August 30, 2024

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SIM Acquisition Corp. I (Nasdaq: SIMAU) has announced that starting August 30, 2024, holders of units from its initial public offering can choose to trade the company's Class A ordinary shares and warrants separately. The Class A ordinary shares will trade under the symbol SIMA, while the warrants will trade under SIMAW on the Nasdaq Global Market. Unseparated units will continue trading under SIMAU.

Key points:

  • Only whole warrants will be traded; no fractional warrants will be issued
  • The announcement does not constitute an offer to sell or solicit offers to buy securities
  • Trading of separated securities is subject to compliance with state and jurisdiction securities laws

SIM Acquisition Corp. I (Nasdaq: SIMAU) ha annunciato che a partire dal 30 agosto 2024, i detentori di unità della sua offerta pubblica iniziale possono scegliere di scambiare le azioni ordinarie di Classe A e i warrant separatamente. Le azioni ordinarie di Classe A saranno scambiate con il simbolo SIMA, mentre i warrant saranno scambiati con SIMAW sul Nasdaq Global Market. Le unità non separate continueranno a essere scambiate sotto SIMAU.

Punti chiave:

  • Solo i warrant interi saranno scambiati; non saranno emessi warrant frazionari
  • L’annuncio non costituisce un'offerta di vendita né una sollecitazione di offerte per acquistare valori mobiliari
  • Il trading dei valori separati è soggetto al rispetto delle leggi sui valori mobiliari a livello statale e giurisdizionale

SIM Acquisition Corp. I (Nasdaq: SIMAU) ha anunciado que a partir del 30 de agosto de 2024, los tenedores de unidades de su oferta pública inicial podrán elegir negociar por separado las acciones ordinarias de Clase A y las opciones. Las acciones ordinarias de Clase A se negociarán bajo el símbolo SIMA, mientras que las opciones se negociarán bajo SIMAW en el Nasdaq Global Market. Las unidades no separadas continuarán negociándose bajo SIMAU.

Puntos clave:

  • Solo se negociarán opciones completas; no se emitirán opciones fraccionarias
  • El anuncio no constituye una oferta de venta ni una solicitud de ofertas para comprar valores
  • La negociación de valores separados está sujeta al cumplimiento de las leyes de valores estatales y jurisdiccionales

SIM Acquisition Corp. I (Nasdaq: SIMAU)는 2024년 8월 30일부터 초기 공모에서 제공된 단위의 보유자가 클래스 A 일반 주식과 워런트를 개별적으로 거래할 수 있다고 발표하였습니다. 클래스 A 일반 주식은 SIMA 기호로 거래되며, 워런트는 SIMAW로 거래될 예정입니다. 분리되지 않은 단위는 계속해서 SIMAU로 거래될 것입니다.

주요 사항:

  • 전체 워런트만 거래되며, 분수 워런트는 발행되지 않습니다.
  • 이 발표는 증권 판매 제안이나 구매 제안을 요청하는 것이 아닙니다.
  • 분리된 증권의 거래는 주 및 관할권의 증권 법규 준수에 따라야 합니다.

SIM Acquisition Corp. I (Nasdaq: SIMAU) a annoncé qu'à partir du 30 août 2024, les titulaires d'unités de son introduction en bourse pourront choisir de négocier les actions ordinaires de Classe A et les bons de souscription séparément. Les actions ordinaires de Classe A seront négociées sous le symbole SIMA, tandis que les bons de souscription seront négociés sous SIMAW sur le Nasdaq Global Market. Les unités non séparées continueront à être négociées sous SIMAU.

Points clés :

  • Seuls des bons de souscription entiers seront échangés ; aucun bon de souscription fractionné ne sera émis.
  • L'annonce ne constitue pas une offre de vente ni une sollicitation d'offres d'achat de titres.
  • Le service des titres séparés est soumis au respect des lois sur les valeurs mobilières des États et des juridictions.

Die SIM Acquisition Corp. I (Nasdaq: SIMAU) hat bekannt gegeben, dass die Inhaber von Einheiten aus dem Börsengang ab dem 30. August 2024 die Klasse A Stammaktien und Warrants separat handeln können. Die Stammaktien der Klasse A werden unter dem Symbol SIMA gehandelt, während die Warrants unter SIMAW an der Nasdaq Global Market gehandelt werden. Ungetrennte Einheiten werden weiterhin unter SIMAU gehandelt.

Wichtige Punkte:

  • Es werden nur vollständige Warrants gehandelt; es werden keine Bruchstücke von Warrants ausgegeben.
  • Die Ankündigung stellt kein Verkaufsangebot dar und ist keine Aufforderung zur Abgabe von Kaufangeboten für Wertpapiere.
  • Der Handel mit getrennten Wertpapieren unterliegt den geltenden Wertpapiergesetzen der Bundesstaaten und Zuständigkeiten.
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NEW YORK, Aug. 28, 2024 (GLOBE NEWSWIRE) -- 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 Kugelman
Atlanta Capital Partners LLC
(866) 692-6847 Toll Free - U.S. & Canada
(404) 281-8556 Mobile and WhatsApp
Email: dk@atlcp.com

Company contact:

David Kutcher
SIM Acquisition Corp. I
Chief Financial Officer
(786) 753 9305
Email: spac@sauvegarder.io


FAQ

When will SIM Acquisition Corp. I's Class A ordinary shares and warrants start trading separately?

SIM Acquisition Corp. I's Class A ordinary shares and warrants will start trading separately on August 30, 2024.

What are the trading symbols for SIM Acquisition Corp. I's separated securities?

The Class A ordinary shares will trade under the symbol SIMA, and the warrants will trade under SIMAW on the Nasdaq Global Market.

Will fractional warrants be issued when SIM Acquisition Corp. I's units are separated?

No, fractional warrants will not be issued upon separation of the units. Only whole warrants will trade.

What happens to unseparated units of SIM Acquisition Corp. I after August 30, 2024?

Unseparated units will continue to trade on the Nasdaq Global Market under the symbol SIMAU.

Is the announcement of separate trading an offer to sell SIM Acquisition Corp. I securities?

No, the announcement does not constitute an offer to sell or the solicitation of an offer to buy the company's securities.

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