Wealthspring Capital LLC Makes New $3.31 Million Investment in SIM Acquisition Corp. I (NASDAQ:SIMA)

Wealthspring Capital LLC bought a new position in SIM Acquisition Corp. I (NASDAQ:SIMA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 331,640 shares of the company’s stock, valued at approximately $3,314,000. SIM Acquisition Corp. I makes up approximately 4.1% of Wealthspring Capital LLC’s portfolio, making the stock its 8th largest holding.

SIM Acquisition Corp. I Stock Performance

Shares of NASDAQ SIMA remained flat at $9.97 during mid-day trading on Friday. The company has a market cap of $305.78 million and a PE ratio of 71.21. SIM Acquisition Corp. I has a 52 week low of $9.95 and a 52 week high of $10.04.

SIM Acquisition Corp. I Company Profile

SIM Acquisition Corp. I is a blank check company. It formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company primary focus on the healthcare industry. SIM Acquisition Corp.