Company: BSAAR
Filing Date: 2025-05-27
Form Type: S-1/A
Source: 0001213900-25-047458
Chunk: 285

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-05-27
Form: S-1/A
Chunk 285
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 % |     |              0 |     |           0 |   |
| Heyi Chen(4)                                                    |     |               0 |     |           0 | % |     |              0 |     |           0 |   |
| Prescille Chu Cernosia(4)                                       |     |               0 |     |           0 | % |     |              0 |     |           0 |   |
| All executive officers and directors as a group (4 individuals) |     |               0 |     |           0 | % |     |              0 |     |           0 | % |

____________ *Less than one percent (1)Unless otherwise noted, the business address of each of the following entities or individuals is 701, 7/Floor, United Building, 17 -19Jubilee Street, Hong Kong. (2)Mr. Yun Chen and Mr.Kam Chi Kin share voting and dispositive power over our securities held by the sponsor. (3)Assumes conversion of Class B ordinary shares into Class A ordinary shares on a one -for -onebasis. The dilution to public shareholders would increase to the extent that the anti -dilutionprovisions of the Class B ordinary shares result in the issuance of Class A ordinary shares on a greater than one -to -onebasis upon such conversion. (4)BEST SPAC I (Holdings) Corp intends to transfer 20,000shares to each of our four directors and officers, at the consummation of an initial business combination. (5)Mr.Yun Chen is the sole director of BEST SPAC I (Holdings) Corp. and directs its day -to-dayoperations. Mr.Kam Chi Kin and Mr.Yun Chen share voting and dispositive power over our securities held by the sponsor. Prior to this offering, BEST SPAC I (Holdings) Corp., beneficially owned 1,581,250shares of the Company’s Class B ordinary shares, or founder shares, which were purchase for $25,000, of which 206,250 shares are subject to forfeiture in the event that the over -allotmentis not exercised. Immediate after this offering, assuming the over -allotmentoption is not exercised, BEST SPAC I (Holdings) Corp. will subscribe to an aggregate of 277,000 private placement units, at a price of $10.00 per unit for an aggregate purchase price of $2