Company Description
SIM Acquisition Corp I (“SIMA”), a Cayman Islands exempt company, is a newly formed blank check company created for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a private company.
Erich Spangenberg is Chairman and Chief Executive Officer of SIMA, and David Kutcher is a Director and Chief Financial Officer. Mr. Spangenberg and Mr. Kutcher will work closely with the SIMA team and other advisors of SIMA to identify its target. The SIMA team has decades of collective investment experience across a number of sectors, including healthcare and intellectual property, through various cycles. The Board of Directors also includes Dr. Toby Cosgrove, former Chief Executive Officer of the Cleveland Clinic, Janine Grasso and Vince Capone.
SIMA has not yet selected any specific business combination target. SIMA intends to pursue merger opportunities with private high-quality, growth-oriented healthcare companies with a clear rationale for being public. The SIMA team will use their significant experience in identifying, analyzing, and investing in such businesses to identify the business combination target.
SIMA believes that its unique team, intellectual property experience and expertise, and track record will help facilitate the completion of a transaction on attractive terms with potential to generate material value for investors.
