Company: BSAAR
Filing Date: 2025-03-28
Form Type: S-1
Source: 0001013762-25-004269
Chunk: 29

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-03-28
Form: S-1
Chunk 29
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fers permitted to any underwriter and selected dealer participating in the offering and their officers, partners, registered persons or affiliates.                                                                                                                                                                                                                                                                                                                                                      |
| Any units, rights, ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, ordinary shares |     | 180 days                                                              |     | BEST SPAC I (Holdings) Corp. |     | The representative in its sole discretion may release any of the securities subject to these lock-up agreements at any time without notice, other than in the case of the officers and directors, which shall be with notice. Our sponsor, officers and directors are also subject to separate transfer restrictions on their founder shares and private placement units (including the securities underlying such units) pursuant to the letter agreement described in the immediately preceding paragraphs. |

Established Deal Sourcing Network We intend to leverage our management team’s industry experiences, proven deal sourcing capabilities and broad network of relationships in numerous industries, including business executives, entrepreneurs, media relationships, institutional investors, family offices, investment bankers and attorneys, which we believe will provide us with a pipeline of business combination opportunities. We expect that the collective experience, capability and network of our CEO, CFO and Chairman, Mr. Xiangge Liu, our directors and other officers, combined with their individual and collective reputations in the investment and business community, will serve to create prospective business combination opportunities. Moreover, we believe that our director and management team with its contacts and sources from which to generate acquisition opportunities will also enable BEST SPAC I Acquisition Corp. to pursue complementary follow -onbusiness arrangements. Our team will deploy a proactive sourcing strategy and focus our efforts on companies where we believe the combination of our team’s operating experience, business development prowess, professional relationships and tactical expertise can be catalysts to enhance the growth potential and value of a target business and provide opportunities for attractive returns to our shareholders. We believe that our backgrounds will enable us to identify these companies, conduct due diligence, make an appealing case of strategic relevance to the target, and articulate an attractive growth case to public -marketinvestors. Status as a Publicly Listed Acquisition Company We believe our structure will make us an attractive business combination partner to prospective target businesses. As a publicly listed company, we will offer a target business an alternative to the traditional initial public offering process. We believe that some target businesses will favor this alternative, which we believe is less expensive more efficient, while offering greater certainty of execution and flexibility, than the traditional initial public offering process. During an initial public offering, there