---
title: "SIM ACQUISITION CORP. I WTS 01/06/31 (TO SUB FOR ORD) | 10-Q: FY2025 Q3 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265790434.md"
datetime: "2025-11-13T21:19:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265790434.md)
  - [en](https://longbridge.com/en/news/265790434.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265790434.md)
---

# SIM ACQUISITION CORP. I WTS 01/06/31 (TO SUB FOR ORD) | 10-Q: FY2025 Q3 Revenue: USD 0

Revenue: As of FY2025 Q3, the actual value is USD 0.

EPS: As of FY2025 Q3, the actual value is USD 0.07.

EBIT: As of FY2025 Q3, the actual value is USD -2.768 M.

### Segment Revenue

-   The company has not commenced any operations and will not generate operating revenues until after the completion of its Business Combination.

### Operational Metrics

-   For the three months ended September 30, 2025, net income was $2,252,165, which includes $2,510,176 of interest income earned on the Trust Account, offset by $258,011 of general and administrative costs.
-   For the nine months ended September 30, 2025, net income was $6,772,463, which includes $7,453,481 of interest income earned on the Trust Account, offset by $681,018 of general and administrative costs.

### Cash Flow

-   Net cash used in operating activities for the nine months ended September 30, 2025 was - $527,940.
-   Cash at the end of the period was $169,145.

### Unique Metrics

-   Interest earned on cash and marketable securities held in the Trust Account for the nine months ended September 30, 2025 was $7,453,481.

### Future Outlook and Strategy

#### Core Business Focus

-   The company intends to effectuate its initial Business Combination using cash from the proceeds of the Initial Public Offering and the Private Placement, among other financing methods.
-   The company has until July 11, 2026 to consummate a Business Combination, failing which there will be a mandatory liquidation and subsequent dissolution.

#### Non-Core Business

-   The company may pursue an initial Business Combination in any business or industry, but is focusing on companies in the healthcare industry.

### Priority

-   The company has substantial doubt about its ability to continue as a going concern due to the mandatory liquidation and subsequent dissolution if a Business Combination is not consummated by July 11, 2026.

### Related Stocks

- [SIMAW.US](https://longbridge.com/en/quote/SIMAW.US.md)

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