SIM Acquisition Corp. I (SIMAW)New York, United States | NasdaqCM
0.15 USD
|
Hot Take ↕ | Oct. 10, 2026, 5:54 a.m. EDT
This SPAC shell is in terminal decline with no path to recovery. The balance sheet is insolvent, showing massive debt of $731k against only $260k in cash, resulting in a negative book value and a precarious current ratio of 0.296. Cash burn is severe, with operating cash flow draining nearly $817k and free cash flow at -$494k, while earnings have collapsed by 70% year-over-year. The stock is trading at its 52-week low of $0.15, reflecting the market's total loss of faith in this entity. With no dividend history, no analyst coverage, and a beta near zero indicating a dead asset, there is no capital appreciation potential and no income to speak of. This is a clear avoid. |
| Attribute | Value |
|---|---|
| Beta | 0.00 |
| Website | https://www.simspacs.io/spacs/sim-acquisition-corp |
| Attribute | Value |
|---|---|
| Address1 | 725 Fifth Avenue |
| Address2 | 22nd Floor |
| Ask | 0.39 |
| Ask Size | 2 |
| Beta | 0.002 |
| Book Value | -0.084 |
| City | New York |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.1501 |
| Current Ratio | 0.296 |
| Custom Price Alert Confidence | HIGH |
| Day High | 0.1501 |
| Day Low | 0.1501 |
| Earnings Growth | -0.706 |
| Earnings Quarterly Growth | -0.834 |
| Ebitda Margins | 0.0 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Two Week High | 0.1501 |
| Fifty Two Week High Change | 0.0 |
| Fifty Two Week High Change Percent | 0.0 |
| Fifty Two Week Low | 0.1501 |
| Fifty Two Week Low Change | 0.0 |
| Fifty Two Week Low Change Percent | 0.0 |
| Fifty Two Week Range | 0.1501 - 0.1501 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,784,295,000,000 |
| Float Shares | 552,757 |
| Free Cashflow | -494,217 |
| Full Exchange Name | NasdaqCM |
| Fullday Change | 0.0 |
| Fullday Change Percent | 0.0 |
| Fullday Price | 0.1501 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Industry | |
| Industry Key | |
| Ipo Expected Date | 2,024-08-30 |
| Language | en-US |
| Long Business Summary | SIM Acquisition Corp. I does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses in the healthcare sectors. SIM Acquisition Corp. I was incorporated in 2024 and is based in New York, New York. |
| Long Name | SIM Acquisition Corp. I |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1880510824 |
| Net Income To Common | 6,679,924 |
| Open | 0.2719 |
| Operating Cashflow | -817,464 |
| Operating Margins | 0.0 |
| Phone | 833 746 2001 |
| Previous Close | 0.1501 |
| Price Hint | 4 |
| Price To Book | -1.7869047 |
| Profit Margins | 0.0 |
| Quick Ratio | 0.231 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0 |
| Regular Market Change Percent | 0.0 |
| Regular Market Day High | 0.1501 |
| Regular Market Day Low | 0.1501 |
| Regular Market Day Range | 0.1501 - 0.1501 |
| Regular Market Open | 0.2719 |
| Regular Market Previous Close | 0.1501 |
| Regular Market Price | 0.1501 |
| Regular Market Time | 1,792,093,839 |
| Regular Market Volume | 733 |
| Return On Assets | -0.00678 |
| Sand P52 Week Change | 0.16207206 |
| Sector | |
| Sector Key | |
| Short Name | SIM Acquisition Corp. I Warrant |
| Source Interval | 15 |
| State | NY |
| Symbol | SIMAW |
| Total Cash | 260,436 |
| Total Cash Per Share | 0.032 |
| Total Debt | 731,731 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Type Disp | Equity |
| Volume | 733 |
| Website | https://www.simspacs.io/spacs/sim-acquisition-corp |
| Zip | 10,022 |