Company: BSAAR
Filing Date: 2025-05-27
Form Type: S-1/A
Source: 0001213900-25-047458
Chunk: 403

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-05-27
Form: S-1/A
Chunk 403
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 identify any subsequent events that would have required adjustment or disclosure in the financial statements. On January1, 2025, the Sponsor agreed to loan the Company up to $350,000 to be used for a portion of the expenses of the Proposed Public Offering. The loan is non -interestbearing, unsecured and shall be payable promptly after the date on which the Company consummates an initial public offering of its securities or the date on which the Company determines not to conduct an initial public offering of its securities. The loan will be repaid upon the closing of the Proposed Public Offering out of the offering proceeds not held in the Trust Account.

F-34

PART II
INFORMATION NOT REQUIRED IN PROSPECTUS Item 13. Other Expenses of Issuance and Distribution. The estimated expenses payable by us in connection with the offering described in this registration statement (other than the underwriting discount and commissions) will be as follows:

| Legal fees and expenses         |     |   | 300,000 |
| Accounting fees and expenses    |     |   |  80,000 |
| SEC & FINRA Expenses            |     |   |  23,000 |
| Nasdaq listing and filing fees  |     |   |  80,000 |
| Initial Trustee Fee             |     |   |  80,000 |
| Printing and engraving expenses |     |   |  50,000 |
| Miscellaneous expenses          |     |   | 237,000 |
| Total offering expenses         |     | $ | 850,000 |

Item 14. Indemnification of Directors and Officers. British Virgin Islands law does not limit the extent to which a company’s memorandum and articles of association may provide for indemnification of officers and directors, except to the extent any such provision may be held by the British Virgin Islands courts to be contrary to public policy, such as to provide indemnification against willful default, civil fraud or the consequences of committing a crime. Our amended and restated memorandum and articles of association will provide for indemnification of our officers and directors to the maximum extent permitted by law, including for any liability incurred in their capacities as such, if that officer or director acted honestly and in good faith with a view to our best interests, and in the case of criminal proceedings, that officer or director had no reasonable cause to believe that his conduct was unlawful. We may purchase a policy of directors’ and officers’ liability insurance that insures our officers and directors against the cost