Company: BSAAR
Filing Date: 2025-01-10
Form Type: DRS
Source: 0001213900-25-002596
Chunk: 203

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-01-10
Form: DRS
Chunk 203
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 B ordinary shares. See “ Founder shares conversion and anti -dilution ”. Such calculation does not reflect any dilution associated with the conversion of rights, including the private placement rights, which would cause the actual dilution to the public shareholders to be higher. Net tangible book value per share is determined by dividing our net tangible book value, which is our total tangible assets less total liabilities (including the value of Class A ordinary shares which may be redeemed for cash), by the number of issued and outstanding Class A ordinary shares. At December 18, 2024, our net tangible book value was $9,500 or approximately $0.01 per ordinary share. After giving effect to the sale of 5,500,000 Class A ordinary shares included in the units we are offering by this prospectus (or 6,325,000 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full), the sale of the private securities and the deduction of underwriting commissions and estimated expenses of this offering, our pro forma net tangible book value at December 18, 2024 would have been $4,559,993 or $1.84 per share (or $1.78 per share if the underwriters’ over -allotmentoption is exercised in full), representing an immediate increase in net tangible book value (as decreased by the value of the approximately 5,500,000 Class A ordinary shares that may be redeemed for cash, or 6,325,000 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full) of $1.83 per share (or $1.78 per share if the underwriters’ over -allotmentoption is exercised in full) to our initial shareholder as of the date of this prospectus and dilution to public shareholders from this offering will be $7.25 per share (or $7.31 if the underwriters’ over -allotmentoption is exercised in full). The following tables illustrate the dilution to the public shareholders on a per -sharebasis, assuming no value is attributed to the rights included in the units or the private placement units:

| No exercise of over-allotment option                                                 |     | No         
 Redemption |      |   |     | 25% of      
 Maximum     
 Redemptions |      |   |     | 50% of      
 Maximum     
 Redemptions |      |   |     | 75% of      
 Maximum     
 Redem