Company: BSAAR
Filing Date: 2025-03-28
Form Type: S-1
Source: 0001013762-25-004269
Chunk: 7

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-03-28
Form: S-1
Chunk 7
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 to complete our initial business combination. For a description of risks associated with compensation and material conflicts of interests of our sponsor, its affiliates, or promoters, see “Summary — Compensation,” “Summary — Potential Conflicts,” ”Summary — The Offering — Founder Shares,” “Summary — The Offering — Founder Share Conversion and Anti -Dilution Rights,” “Limited Payments to Insiders,” “Summary — The Offering — Conflicts of Interest,” “ Principal Shareholders ,” “ Risk Factors — Risks Relating to our Sponsor, Management and Director Team ” on page 69, “ Risk Factors — Risks Relating to our Search for, and Consummation of or Inability to Consummate, a Business Combination, ” on page 45, “ Risk Factors — Risks Related to Our Securities and This Offering, ” on page 75, “ Management — Directors and Officers ,” “ Management — Conflicts of Interest, ” “Potential Conflicts,” “The Offering — Conflicts of Interest” “ Certain Relationships and Related Party Transactions, ” “Proposed Business — Our Sponsor,” “ Proposed Business — Other Acquisition Considerations ;”and “ British Virgin Islands Company Considerations — Directors and Conflicts of Interest ”for further information .

The following table illustrates our net tangible book value per share at the specified redemption levels:

|                                                                                              |     | Without Over-Allotment Option Exercised 
 Scenario A                              
 25%                                     
 redemptions(1)                          |      |     | Scenario B     
 50%            
 redemptions(2) |      |     | Scenario C     
 75%            
 redemptions(3) |      |     | Scenario D     
 Maximum        
 redemptions(4) |      |
|:---------------------------------------------------------------------------------------------|:----|:----------------------------------------|-----:|:----|:---------------|-----:|:----|:---------------|-----:|:----|:---------------|-----:|
| Offering price of $10.00 included in the units (adjusted to include the value of the rights) |     | $                                       | 9.09 |     | $              | 9.09 |     | $              | 9.09 |     | $              | 9.09 |
| Pro forma net tangible book value per share, as adjusted                                     |     |                                         | 6.57 |     |                | 5.82 |     |                | 4.54 |     |                | 1.84 |
| Dilution to public