SIM Acquisition Corp. I 8-K

What Happened

• SIM Acquisition Corp. I (SIMA) filed an 8-K on April 30, 2026, announcing it has postponed its extraordinary general meeting in lieu of an annual general meeting originally scheduled for Friday, May 1, 2026 (10:00 a.m. ET) to Thursday, May 7, 2026 (3:00 p.m. ET). The meeting will be held at Ellenoff Grossman & Schole LLP, 1345 Avenue of the Americas, 11th Floor, New York, NY 10105.
• The vote will consider, among other items, the "Extension Amendment Proposal" to amend the company’s governing documents to extend the deadline to consummate an initial business combination from July 11, 2026 to July 12, 2027.

Key Details

• New meeting date/time: May 7, 2026 at 3:00 p.m. Eastern Time (originally May 1, 2026 at 10:00 a.m.).
• Redemption deadline extended to May 5, 2026 at 5:00 p.m. Eastern Time (two business days before the meeting).
• Record date for shareholders was March 25, 2026; the definitive Proxy Statement and related materials were mailed beginning on or about April 1, 2026.
• The meeting will also address auditor ratification and other matters; the company and its directors/officers may be participants in the proxy solicitation.

Why It Matters

• For investors in this SPAC, the meeting’s outcome will determine whether SIMA can extend the window to complete a merger/acquisition to July 12, 2027 — a material change to the timeline for finishing an initial business combination.
• Shareholders wishing to redeem their shares in connection with the extension vote must act by the new redemption deadline (May 5, 2026 at 5:00 p.m. ET). The Proxy Statement filed with the SEC contains full details and instructions and is available free at www.sec.gov or by request to the company.