Company: BSAAR
Filing Date: 2025-03-28
Form Type: S-1
Source: 0001013762-25-004269
Chunk: 27

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-03-28
Form: S-1
Chunk 27
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150,000 in working capital loans may be convertible into private placement units at a price of $10.00 per unit           |     |                                             Working capital loans to finance transaction costs in connection with an intended initial business combination. |
|                                    |     | Reimbursement for any out-of-pocket expenses related to identifying, investigating and completing an initial business combination |     |                                                      Services in connection with identifying, investigating and completing an initial business combination. |
| Holders of Class B ordinary shares |     | Anti-dilution protection upon conversion into Class A ordinary shares at a greater than one-to-one ratio                          |     | Issuance of the Class A ordinary shares issuable in connection with the conversion of the founder shares on a greater than one-to-one basis upon conversion |

5

| Entity/Individual                                                                             |     | Amount of Compensation to be                                                      
 Received or Securities Issued                                                     
 or to be Issued                                                                   |     | Consideration Paid or to be Paid                                                                                                                                                                               |
| BEST SPAC I (Holdings) Corp., our officers, directors or advisors, or our or their affiliates |     | If agreed to by us, finder’s fees, advisory fees, consulting fees or success fees |     | Any services in order to effectuate the completion of our initial business, which, if made prior to the completion of our initial business combination, will be paid from funds held outside the trust account |

____________ (1)Assumes no exercise of the over -allotmentoption and the full forfeiture of 206,250shares that are subject to forfeiture by our initial shareholder depending on the extent to which the underwriters’ over -allotmentoption is exercised. The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of our initial business combination or earlier at the option of the holder, on a one -for -onebasis, subject to adjustment for share splits, share capitalizations, reorganizations, recapitalizations and the like, and subject to further adjustment as provided herein and in our amended and restated memorandum and articles of association. In the case that additional Class A ordinary shares, or equity -linkedsecurities, are issued or deemed issued in excess of the amounts sold in this offering and related to the closing of our initial business combination, the ratio at which the Class B ordinary shares shall convert into Class A ordinary shares will be adjusted (unless the holders of a majority of the issued and outstanding Class B ordinary shares agree to waive such anti -dilutionadjustment with respect to any