Company: BSAAR
Filing Date: 2025-03-28
Form Type: S-1
Source: 0001013762-25-004269
Chunk: 192

Company: BEST SPAC I Acquisition Corp.
Filing Date: 2025-03-28
Form: S-1
Chunk 192
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 •our pool of prospective target businesses; •the ability of our officers and directors to generate a number of potential acquisition opportunities; •potential change in control if we acquire one or more target businesses for shares; •our public securities’ potential liquidity and trading; •regulatory or operational risks associated with acquiring a target business; •the lack of a market for our securities; •the use of proceeds not held in the trust account or available to us from interest income on the trust account balance; •our financial performance following this offering; or •listing or delisting of our securities from Nasdaq or the ability to have our securities listed on Nasdaq following our initial business combination. The forward -lookingstatements contained in this prospectus are based on our current expectations and beliefs concerning future developments and their potential effects on us. There can be no assurance that future developments affecting us will be those that we have anticipated. These forward -lookingstatements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward -lookingstatements. These risks and uncertainties include, but are not limited to, those factors described under the heading “Risk Factors”. Should one or more of these risks or uncertainties materialize, or should any of our assumptions prove incorrect, actual results may vary in material respects from those projected in these forward -lookingstatements. We undertake no obligation to update or revise any forward -lookingstatements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. 107 ENFORCEABILITY OF CIVIL LIABILITIES We are incorporated under the laws of the British Virgin Islands a business company with limited liability. We are incorporated in the British Virgin Islands because of certain benefits associated with being a British Virgin Islands exempted company, such as political and economic stability, an effective judicial system, a favorable tax system, the absence of foreign exchange control or currency restrictions and the availability of professional and support services. However, the British Virgin Islands has a less developed body of securities laws than the United States and provides less protection for investors. In addition, British Virgin Islands companies may not have standing to sue before the federal courts of the United States. Our directors and officers are nationals or residents of jurisdictions other than the United States and all or a substantial portion of their assets are located outside the United States. As a result, it may be difficult for investors to enforce judgments in China that are obtained in U.S