SIM Acquisition signs letter of intent with telecom firm AIT
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/1/2026
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
SIM Acquisition Corp. I Announces Letter of Intent with AIT for deSPAC Business Combination
April 28, 2026 8:00 AM EDTNEW 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. Â
Among other segments, AIT will operate Q1, which is a 33-year leader in telecommunications that has evolved into a fully... More
