Company: BSAAR
Filing Date: 2025-01-10
Form Type: DRS
Source: 0001213900-25-002596
Chunk: 223

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-01-10
Form: DRS
Chunk 223
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 our sponsor and its affiliate(s) as well as certain of our current executive officers and directors are located or have significant ties to China, we may acquire a target business that is based, from, expanded or has operations in China. In particular, we intend to focus our search for an initial business combination on private companies that have growth opportunities, a unique value proposition and management teams that are seeking to expand their operations and gain access to new capital markets. These criteria and guidelines are not intended to be exhaustive. Any evaluation of the merits of a particular initial business combination may be based, to the extent relevant, on these general guidelines as well as other considerations, factors, and criteria that the management team, directors, and advisory board may deem relevant. We may decide to enter our initial business combination with a target business that does not meet these criteria and guidelines. We believe that the consumer goods sector has a strong growth trajectory due to important trends. The consumer goods industry encompasses a diverse range of products, including food and beverages, personal care and cosmetics, home appliances, cleaning supplies and other domestic goods. We believe that increasing urbanization, increase in disposable incomes and shifts in consumer preferences such as rising hygiene awareness, will contribute to the growth and development of the consumer goods industry. We believe that this sector encompasses a broad range of companies that could make attractive targets for us. We believe there to be many potential targets within this industry that could become attractive public companies. We will seek to capitalize on the strength of our management team. We believe that our board and management’s experiences, from evaluating assets through investing, company building and strategic management, will enable us to identify and execute an initial business combination with an attractive company or businesses within the consumer goods market that have the capacity for cash flow creation, opportunity for operational improvement, and enable us to execute a business combination with quality targets. Our selection process will leverage our board and management’s broad network of relationships with leading start -ups, established and reputable MNCs and respected peers, as well as our industry and execution expertise and deal sourcing capabilities. Together with this network of trusted partners, we intend to capitalize the target business and create purposeful strategic initiatives in order to achieve attractive growth and performance after our initial business combination. We are not prohibited from pursuing an initial business combination with a company that is affiliated with our sponsor, officers or directors, or completing the business combination through a joint venture or other form of shared ownership with our sponsor, officers or directors. In the event we seek to complete our initial business combination with a