SIM Sponsor 1 LLC

1 deals · 0 closed · 0 liquidated · 1 in flight

SIM Sponsor 1 LLC is the sponsor entity behind one special purpose acquisition company that completed its initial public offering in 2024. The vehicle remains active and has not yet consummated a business combination, nor has it been liquidated, placing it in the target-search phase as of the most recent available filings. The sponsor entered the SPAC market during a period of selective deal activity, and its single outstanding blank-check vehicle continues to seek an acquisition target. Specific sector focus and ticker details are available in the full filing record. Visit SpacDesk and create a free account to access complete data on SIM Sponsor 1 LLC, its SPAC vehicle, and hundreds of other active and historical blank-check sponsors.

Hot Seat Score

—Insufficient history

Close rate

—

Median speed

—

Blended redemption

—

Total votes / extensions

1 / 1

Composite score combining historical close rate, median speed to deal close, and blended redemption discipline across all SPACs this sponsor has run. Higher score = institutional reputation worth retaining. Updates as new vote / closing data lands.

Win Rate (settled)

—

Total IPO Capital

$230.0M

Avg Extensions / Deal

0.0

Canonical

sim sponsor

Promote Economics (1 SPAC with data)

Total PP Warrants

4,000,000

Principals (4)

Erich SpangenbergChairman and Chief Executive Officer

David KutcherChief Financial Officer and Director

Janine GrassoDirector

Vincent CaponeDirector

SPACs sponsored

Symbol	Issuer	IPO	IPO Size	Status	Target	Outcome	Extensions
SIMAU	SIM Acquisition Corp. I	2024-07-10	$230.0M	Liquidated	—	liq 2024-07-12	0