SIM Acquisition Corp. I (NASDAQ:SIMA) Announces Quarterly Earnings Results

Posted by Francis Steltz on Aug 15th, 2026

SIM Acquisition Corp. I (NASDAQ:SIMA – Get Free Report) released its quarterly earnings results on Friday. The company reported $0.02 earnings per share for the quarter, FiscalAI reports.

SIM Acquisition Corp. I Stock Up 0.7%

Shares of SIMA stock traded up $0.08 during trading hours on Friday, reaching $11.01. The stock had a trading volume of 2,575 shares, compared to its average volume of 526. The firm has a 50-day simple moving average of $10.90 and a 200-day simple moving average of $10.81. SIM Acquisition Corp. I has a twelve month low of $10.10 and a twelve month high of $12.90.

Hedge Funds Weigh In On SIM Acquisition Corp. I

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Sona Asset Management US LLC bought a new position in SIM Acquisition Corp. I in the 1st quarter worth approximately $1,072,000. Berkley W R Corp increased its holdings in shares of SIM Acquisition Corp. I by 74.9% during the first quarter. Berkley W R Corp now owns 912,286 shares of the company’s stock valued at $9,780,000 after purchasing an additional 390,768 shares during the period. DLD Asset Management LP acquired a new position in shares of SIM Acquisition Corp. I during the first quarter valued at $5,375,000. Radcliffe Capital Management L.P. raised its stake in shares of SIM Acquisition Corp. I by 5.2% during the fourth quarter. Radcliffe Capital Management L.P. now owns 536,322 shares of the company’s stock valued at $5,680,000 after purchasing an additional 26,290 shares in the last quarter. Finally, L1 Global Manager Pty Ltd bought a new stake in shares of SIM Acquisition Corp. I during the fourth quarter valued at about $2,118,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings lowered SIM Acquisition Corp. I from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, May 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has a consensus rating of “Sell”.

Get Our Latest Analysis on SIMA

About SIM Acquisition Corp. I

(Get Free Report)

SIM Acquisition Corp. I is a Delaware‐incorporated special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. Since completing its initial public offering in March 2021, the company has focused on identifying targets in the technology, digital media, sports, entertainment and consumer sectors.

The proceeds from its IPO are held in a trust account pending shareholder approval of its initial business combination.