Sim Acquisition Corp. I announces resignation of director Janine Grasso

Published 08/09/2025, 22:00
Sim Acquisition Corp. I announces resignation of director Janine Grasso

Sim Acquisition Corp. I (NASDAQ:SIMAU) reported the resignation of Janine Grasso from its board of directors, effective immediately as of Thursday. According to a statement included in a Securities and Exchange Commission filing, Grasso also stepped down from her roles on the company’s audit and compensation committees.

The company stated that Grasso’s resignation was due to personal reasons and did not result from any disagreement with Sim Acquisition Corp. I regarding its operations, policies, or practices. The company indicated its intention to seek a new director who meets the independence requirements of the Nasdaq Stock Market’s corporate governance standards.

Sim Acquisition Corp. I is a blank check company incorporated in the Cayman Islands and headquartered in Miami, Florida. Its securities are listed on the Nasdaq Stock Market under the symbols SIMAU for its units, SIMA for its Class A ordinary shares, and SIMAW for its redeemable warrants. For deeper insights into SIMAU’s valuation and additional financial metrics, explore InvestingPro, which offers 5 more exclusive tips about this company.

This information is based on a statement provided in a press release and the company’s recent SEC filing.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.