SIM Acquisition Corp. I — Director's Dealing 2024

Jul 9, 2024

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SIM Acquisition Corp. I (SIMAU)
CIK: 0002014982
Period of Report: 2024-07-09

Reporting Person: SIM Sponsor 1 LLC (10% Owner)
Reporting Person: SPANGENBERG ERICH (Director, 10% Owner)
Reporting Person: Kutcher David (Director, 10% Owner)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Ordinary Shares	$		Class A Ordinary Shares (7466669)		Direct

Footnotes

F1: As described in the registration statement on Form S-1 (File No. 333-280274) of SIM Acquisition Corp. I (the "Issuer") under the heading "Description of Securities--Founder Shares," 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.

F2: These shares represent the Class B ordinary shares held by SIM Sponsor 1 LLC (the "Sponsor") acquired pursuant to a subscription agreement by and between the Issuer and the Sponsor. The Class B ordinary shares include up to 1,000,000 shares that are subject to forfeiture in the event the underwriters of the Issuer's initial public offering do not exercise their over-allotment option in full as described in the Issuer's registration statement.

F3: Erich Spangenberg, Chairman and Chief Executive Officer of the Issuer, and David Kutcher, Chief Financial Officer of the Issuer, are the managing members of the Sponsor 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 Sponsor. Each of Mr. Spangenberg and Mr. Kutcher disclaim any beneficial ownership of the securities held of record by the Sponsor except to the extent of his pecuniary interest therein.