Company: BSAAR
Filing Date: 2025-05-27
Form Type: S-1/A
Source: 0001213900-25-047458
Chunk: 342

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-05-27
Form: S-1/A
Chunk 342
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 |     | $                |    0.10 |
| Total(2) |     | $                      | 550,000 |     | $                | 632,500 |

____________ (1)We have agreed to pay Maxim, a fee equal to (i) 1.0% of the gross proceeds of the offering raised by the underwriters, and (ii) 0.5% of the gross proceeds of the offering raised from investors that are introduced solely by us, provided, however, that investments from such investors to which this reduced discount shall apply shall be capped at an aggregate amount of $5 million. Underwriting discounts to be paid by us are calculated based on the assumption that no investors in this offering are introduced by us. (2)In addition to the cash compensation set forth herein, we have agreed to issue to Maxim Group LLC and/or its designees, 247,500 Class A ordinary shares, or up to 284,625 Class A ordinary shares if the underwriter’s over -allotmentoption is exercised in full in a private placement to be completed concurrently with the consummation of this offering. Except with respect to certain registration rights, transfer restrictions and other restrictions as described elsewhere herein, the Representative’s Shares will be identical to the public shares underlying the units sold in this offering. In addition to the underwriting discount, we will pay $50,000 with the filing of the registration statement of which this prospectus forms a part. We refer to such amounts previously paid as the advance, and the advance shall be applied towards Maxim’s accountable expenses. Furthermore, we have agreed to reimburse the underwriters for certain expenses incurred in connection with this offering, including but not limited to background checks and road show expenses, in an amount not to exceed $100,000 in the aggregate (inclusive of the advance) if there is a closing of this offering and $50,000 (inclusive of the advance) in the event that this offering does not close. Any portion of the advance will be returned to us in the event it is not actually incurred. No discounts or commissions will be paid on the sale of the private placement units. We estimate that our portion of the total expenses of this offering payable by us will be $850,000, excluding underwriting discounts and commissions. We have agreed to indemnify the underwriters against certain liabilities, including liabilities under the Securities Act, or to contribute to payments the underwriters may be required to make because of any of those liabilities. We are not under