Company: BSAAR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075690
Chunk: 56

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 56
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,000,000 shares authorized; 1,375,000 shares issued and outstanding as                                             of June 30, 2025 and December 31, 2024(1)    —    —  
 Addition paid-in capital   4,322,163    25,000  
 Accumulated deficit   (49,459)   (3,000) 
 Total shareholders’ equity   4,272,704    22,000  
 Total Liabilities, Ordinary Shares Subject to Redemption and Shareholders’ Equity  $56,979,956   $27,500  

  (1) Class B ordinary shares have been retroactively restated to reflect     the Sponsor’s forfeiture of 206,250 Founder Shares on July 30, 2025 for no consideration as the underwriters of the IPO did     not exercise the over-allotment option (see Note 5).   

The accompanying notes are an integral part of
the unaudited condensed financial statements.

1

BEST SPAC I ACQUISITION CORP.

UNAUDITED CONDENSED STATEMENTS OF OPERATIONS

FOR THE THREE AND SIX MONTHS ENDED JUNE 30,
2025

For the Three Months Ended  June 30,  2025  
For the Six Months Ended  June 30,  2025 

 General and administrative expenses  $93,555   $134,223  
 Loss from Operations   (93,555)   (134,223) 

Other income: 

 Interest on investment held in Trust Account   87,764    87,764  
 Loss before tax expense   (5,791)   (46,459) 
 Tax expense   —    —  
 Net loss  $(5,791)  $(46,459) 

 Basic and diluted weighted average shares outstanding, Class A ordinary shares subject to possible redemption   846,154    425,414  
 Basic and diluted net income per share, Class A ordinary shares subject to possible redemption  $0.14   $0.33  
 Basic and diluted weighted average shares outstanding, Class A and Class B ordinary shares not subject to redemption(1)   1,455,692    1,415,569  
 Basic and diluted net loss per share, Class A and Class