Company: BSAAR
Filing Date: 2025-06-23
Form Type: 8-K
Source: 0001213900-25-056722
Chunk: 0

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-06-23
Form: 8-K
Item: Item 8.01
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Item 8.01. Other Events

As previously disclosed, on June 16, 2025, BEST
SPAC I Acquisition Corp. (the “ Company”) consummated its initial public offering (“ IPO”) of 5,500,000 units (the
“ Units”). Each Unit consists of one Class A ordinary share (“ Ordinary Share”) and one right to receive one-tenth
of one Ordinary Share upon the consummation of an initial business combination. The Units were sold at an offering price of $10.00 per
Unit, generating gross proceeds of $55,000,000. The Company granted the underwriters a 45-day option to purchase up to 825,000 additional
Units to cover over-allotments, if any.

As of June 16, 2025, a total of $55,000,000 of
the proceeds from the IPO and the private placement with BEST SPAC I (Holdings) Corp., the Company’s sponsor, consummated simultaneously
with the closing of the IPO, were deposited in a trust account established for the benefit of the Company’s public shareholders.

An audited balance sheet as of June 16, 2025 reflecting
receipt of the proceeds upon consummation of the IPO and the private placement is included with this report as Exhibit 99.1

Item 9.01. Financial Statements and Exhibits.

  Exhibit      Description                                
      No.                                                 
     99.1      Audited Balance Sheet dated June 16, 2025  
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SIGNATURES

Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: June 23, 2025

BEST SPAC I ACQUISITION CORP.

  By:         /s/ Xiangge Liu                                      
  Name:       Xiangge Liu                                          
  Title:      Chief Executive Officer and Chief Financial Officer