DariaRen
- Blank check company created for the purpose of mergers and acquisitions – SIM Acquisition (SIMAU) (SIMA) priced its initial offering of 20M units at $10 per share.
- The units are expected to be listed on Nasdaq and begin trading on July 10 under the ticker symbol “SIMAU.”
- Each unit consists of one ordinary share and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share.
- Underwriters have a 45-day option to purchase up to an additional 3M units.
- The offering is expected to close on July 11, 2024.