SIM Acquisition Corp I

SIMA

Market cap $89M

NEW YORK, April 28, 2026 /PRNewswire/ -- SIM Acquisition Corp. I (Nasdaq: SIMA) ("SIM") today announced the execution of a non-binding letter of intent ("LOI") with  American Industrial Technologies, Inc. ("AIT"), a Nevada corporation, for a proposed deSPAC business combination.   Among other segments, AIT will operate Q1, which is a 33-year leader in telecommunications that has evolved into a fully integrated platform spanning manufacturing, logistics, distribution, and connected device ecosystems.