Company: BSAAR
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075690
Chunk: 73

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 73
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 undistributed income allocable to both the redeemable shares and non-redeemable shares and the undistributed income is calculated using the total net loss less any dividends paid. The Company then allocated the undistributed income ratably based on the weighted average number of shares outstanding between the redeemable and non-redeemable shares. Any remeasurement of the accretion to redemption value of the common shares subject to possible redemption was considered to be dividends paid to the public shareholders. The calculation of diluted income (loss) per ordinary share does not consider the effect of the rights issued in connection with the IPO and the Private Placement Units since the exercise of the units is contingent upon the occurrence of future events. As of June 30, 2025, the Company did not have any dilutive securities and other contracts that could, potentially, be exercised or converted into ordinary shares and then share in the earnings of the Company. As a result, diluted income (loss) per share is the same as basic earnings per share for the period presented. 12  The net income (loss) per share presented in the unaudited condensed statements of operations is based on the following:      For the  three months  ended June 30,   For the  six months  ended June 30,      2025   2025   Net loss  $(5,791)  $(46,459)   Subsequent measurement of ordinary shares subject to redemption (interest earned in Trust Account)   (87,764)   (87,764)   Accretion of carrying value of ordinary shares subject to possible redemption to redemption value   (106,174)   (106,174)   Net loss including accretion of ordinary shares to redemption value  $(199,729)  $(240,397)        For the three months ended June 30,   For the six months ended  June 30,      2025   2025       Redeemable Class A Ordinary Shares    Non-redeemable Class A  and Class B  Ordinary  Shares    Redeemable Class A Ordinary  Shares    Non-redeemable Class A  and Class B Ordinary  Shares   Basic and diluted net loss per ordinary share                      Numerator:                      Allocation of