Company: BSAAR
Filing Date: 2025-03-28
Form Type: S-1
Source: 0001013762-25-004269
Chunk: 71

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-03-28
Form: S-1
Chunk 71
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 This Offering to Those of Blank Check Companies Subject to Rule 419.” You should carefully consider these and the other risks set forth in the section of this prospectus entitled “Risk Factors.”

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Even if we complete our initial business combination, the combined company whose securities the investors may invest in may be a holding company with substantive business operations conducted by its subsidiaries, and in the case of a business combination with a target business based in and primarily operating in China, the business may have a VIE structure where the holding company has no equity ownership in its VIEs but only maintains contractual arrangements with its VIEs. Such corporate structure involves unique risks to investors. In addition, any actions by the PRC government to exert more oversight and control over offerings that are conducted overseas and/or foreign investment in China -basedissuers could significantly limit or completely hinder the combined company’s ability to offer or continue to offer securities to investors and cause the value of such securities to significantly decline or be worthless. You should carefully consider all of the information in this prospectus before making an investment. Summary Financial Data The following table summarizes the relevant financial data for our business and should be read together with our financial statements, which are included elsewhere in this prospectus. We have not had any significant operations to date, so only balance sheet data is presented.

|                                                                   |     | December 31, 2024 |        |     |             |            |
|:------------------------------------------------------------------|:----|:------------------|-------:|:----|:------------|-----------:|
|                                                                   |     | Actual            |        |     | As Adjusted |            |
| Balance Sheet Data:                                               |     |                   |        |     |             |            |
| Working capital(1)                                                |     | $                 |  9,500 |     | $           |  1,347,773 |
| Total assets(2)                                                   |     | $                 | 27,500 |     | $           | 56,422,000 |
| Total liabilities(3)                                              |     | $                 |  5,500 |     | $           |     74,227 |
| Value of ordinary shares subject to possible conversion/tender(4) |     | $                 |      — |     | $           | 51,787,780 |
| Shareholders’ equity(5)                                           |     | $                 | 22,000 |     | $           |  4,559,993 |

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