Company: BSAAR
Filing Date: 2025-01-10
Form Type: DRS
Source: 0001213900-25-002596
Chunk: 217

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-01-10
Form: DRS
Chunk 217
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 We believe the experience and contacts of our management team will give us distinct advantages in sourcing, structuring and consummating acquisition transactions. Our management and director team come from backgrounds ranging from over two decades of experience in private equity, finance and investment management sectors, as well as leadership roles in various financial institutions and advisory positions. We also believe that our strong mixture of skills, including experience with business development, entrepreneurship, investment and finance, will provide us access to proprietary deals and assist us in identifying and evaluating a target, manage risk and effect a successful business combination. However, none of our management team is obligated to remain with the company after an acquisition transaction, and we cannot provide assurance that the resignation or retention of our current management will be a term or condition in any agreement relating to an acquisition transaction. Moreover, despite the competitive advantages we believe we have, we remain subject to significant competition with respect to identifying and executing an acquisition transaction. We will seek to capitalize on the experience and networks of the members of our management team: Mr. Xiangge Liu, Mr. Huachen Zhang, Mr. Heyi Chen, and Ms. Prescille Chu Cernosia. Our team consists of seasoned and experienced professionals who have significant experience in investing in both public and private companies. Members of our management also have extensive experience in sourcing and evaluating potential investment targets as well as deal negotiation, corporate finance, business operations and management. We have developed a proprietary network of business leaders, investors and intermediaries that we believe can generate deal flow for us. We believe our team has the ability to source attractive deals and find good investment opportunities from sources in their networks. Mr. Xiangge Liu, our Chief Executive Officer, Chief Financial Officer and Chairman, has over 25 years of extensive experience in private equity, project finance and advisory services. Mr. Huachen Zhang, our Independent Director, has expertise in the finance, investment management and business strategy space, having served various leadership positions in finance firms. Mr. Heyi Chen, our Independent Director, is an experienced leader in investment and asset management with almost two decades of experience in the finance sector. Ms. Prescille Chu Cernosia, our Independent Director, has over 20 years of experience in fundraising and management roles, having served in senior leadership roles in colleges and other businesses across North America and Asia. Leadership of an Experienced Management and Director Team Our management and director team is led by the Chief Executive Officer, Chief Financial Officer and Chairman of our Board of Directors, Mr. Xiang