Purely infinite simple ultragraph Leavitt path algebras

In this article, we give necessary and sufficient conditions under which the Leavitt path algebra $L_K(\mathcal{G})$ of an ultragraph $\mathcal{G}$ over a field $K$ is purely infinite simple and that it is von Neumann regular. Consequently, we obtain that every graded simple ultragraph Leavitt path algebra is either a locally matricial algebra, or a full matrix ring over $K[x, x^{-1}]$, or a purely infinite simple algebra.