SIM Acquisition Corp. I 8-K

What Happened

• SIM Acquisition Corp. I (SIMA) announced it is postponing its extraordinary general meeting in lieu of an annual general meeting originally scheduled for April 16, 2026 at 10:00 a.m. ET to April 23, 2026 at 10:00 a.m. ET. The meeting will be held at Ellenoff Grossman & Schole LLP, 1345 Avenue of the Americas, 11th Floor, New York, NY.
• The primary purpose of the meeting is to vote on the “Extension Amendment Proposal” to amend the company’s memorandum and articles to extend the deadline to complete an initial business combination from July 11, 2026 to July 12, 2027. The shareholder redemption deadline for the vote has been extended to April 21, 2026 at 5:00 p.m. ET.

Key Details

• Meeting moved from April 16, 2026 → April 23, 2026 (both at 10:00 a.m. ET).
• Proposed extension: initial business combination deadline extended from July 11, 2026 to July 12, 2027.
• Redemption deadline for shareholders voting on the extension: April 21, 2026 at 5:00 p.m. ET.
• Record date for the meeting: March 25, 2026; proxy materials mailed beginning on or about April 1, 2026.

Why It Matters

• The vote will determine whether SIMA gains an additional year to complete a merger or acquisition (the core purpose of a SPAC). If approved, the company has until July 12, 2027 to close a deal; if not approved, shareholders may have different outcomes including potential liquidation procedures per the SPAC’s governing documents.
• Shareholders who may want to redeem should note the new, extended redemption deadline (April 21, 2026, 5:00 p.m. ET). The proxy statement filed with the SEC contains full details and should be reviewed before voting.