SIM Acquisition signs letter of intent with telecom firm AIT
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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
