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Sonics & Materials, Inc.

SIMA

SIM Acquisition Corp. I is a blank check company, also known as a special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination.

Market cap
$89.35M-72.1%
Net income$8.6M-7.4%
EPS (diluted)$0.38
Trailing twelve months · change vs. prior year

Earnings

Q2 2025 report

August 14, 2025

Next report

Date not yet announced

Financials

Q2 2025

Income statement

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Operating income-$126.9K+47.4%
Net income$2.0M-8.7%
EPS (diluted)$0.070.0%

Balance sheet

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Cash & equivalents$468.4K-8.5%
Total equity-$61.1K+99.4%
Total assets$247.9M+3.9%

Cash flow

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Operating cash flow-$299.3K-61.4%

Valuation & ratios

Valuation

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Market cap$89.41M-72.1%
P/E10.4×-17.1×

Returns & leverage

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Return on equity-168.9%
Current ratio0.8×-13.9×

Competitors

Profile

SIM Acquisition Corp. I is a blank check company, also known as a special purpose acquisition company (SPAC), formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, or similar business combination. The company focuses on identifying and acquiring businesses that contribute to U.S. industrial capacity, technological innovation, and economic resilience. Its core value proposition lies in leveraging its management team's expertise in transaction execution and operational leadership to revitalize domestic manufacturing and strengthen critical supply chains.

Competitive position

A newly reorganized SPAC leveraging strategic partnerships with diversified holding companies to source domestic industrial and manufacturing targets.

GeographiesUnited States, Cayman Islands
Customer segmentsPublic Market Investors, Private Equity Targets
Business modelSPAC, Blank Check Company
SuppliersCapital markets, Investment banking services, Legal and accounting advisory
CustomersTarget business combination entities, Public equity investors
Listed2024
CEOChristopher Devall
IndustryBLANK CHECKS
FilingsSEC EDGAR

Questions, answered.

What is Sonics & Materials, Inc.'s market cap?
Sonics & Materials, Inc. (SIMA) has a market capitalization of $89.3M and trades on XNAS.
Who are Sonics & Materials, Inc.'s competitors?
Sonics & Materials, Inc.'s key competitors include Soren Acquisition Corp. Class A Ordinary Shares, United Acquisition Corp. I, Origin Investment Corp I Ordinary Shares, and others. These companies compete in similar markets and product categories.
Who does Sonics & Materials, Inc. partner with?
Sonics & Materials, Inc.'s notable partners include Cantor Fitzgerald & Co., Dominari Holdings Inc., Sauvegarder Investment Management, Inc., and others.
Where is Sonics & Materials, Inc. headquartered?
Sonics & Materials, Inc. is headquartered in United States of America. It has been publicly traded since 2024.