BEST SPAC I Acquisition Corp.
Business
BEST SPAC I Acquisition Corp. is a blank check (SPAC) company formed to identify and effect a business combination with one or more target companies. It offers capital-raising and transaction facilitation services, including conducting an initial public offering, maintaining a trust account for public shareholders and structuring merger or acquisition transactions. Its operating activities are organized around sourcing and negotiating an initial business combination with target companies and related sponsor and shareholder arrangements. The company pursues targets globally with a stated focus on the consumer goods sector and trades its securities on Nasdaq.
Summary from filing dated 2026-02-09
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| General and administrative expenses | 651,369 | |
| Loss from Operations | −651,369 | |
| Interest income | 1 | |
| Gain on expiration of over-allotment option liability | 74,829 | |
| Income (Loss) before tax expense | 649,853 | |
| Tax expense | — | |
| Net Income (Loss) | 649,853 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-11-30 |
|---|---|---|---|---|
| Cash | 1 | — | — | |
| Prepaid expenses | 125,886 | 15,000 | — | |
| Total current assets | 1 | 15,000 | — | |
| Deferred offering costs | — | 12,500 | — | |
| Investments held in trust account | 56 | — | — | |
| Total Assets | 58 | 27,500 | — | |
| Accounts payable and accrued expenses | 152,972 | 3,000 | — | |
| Total current liabilities | 152,972 | 5,500 | — | |
| Commitments and Contingencies (Note 6) | — | — | — | |
| Preference shares, no par value; 1,000,000 shares authorized; none issued and outstanding as of December 31, 2025 and 2024 | — | — | — | |
| Addition paid-in capital | 2 | 25,000 | — | |
| Retained earnings (accumulated deficit) | 646,853 | −3,000 | — | |
| Total shareholders equity | 3 | 22,000 | 25,000 | |
| Total Liabilities, Ordinary Shares Subject to Redemption and Shareholders Equity | 58 | 27,500 | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Interest earned on investments held in Trust Account | −1 | |
| Prepaid expenses | −110,886 | |
| Accounts payable and accrued expenses | 137,959 | |
| Net Cash Used in Operating Activities | −598,167 | |
| Purchase of investment held in Trust Account | −55 | |
| Net Cash Used in Investing Activities | −55 | |
| Proceeds from sale of public units | 55 | |
| Proceeds from sale of private placement units | 3 | |
| Payment of underwriter commissions | −550,000 | |
| Payment of offering costs | −324,274 | |
| Repayment to a related party | −2,500 | |
| Net Cash Provided by Financing Activities | 57 | |
| Net Change in Cash | 1 | |
| Initial classification of ordinary shares subject to redemption | 52 | |
| Accretion of carrying value to redemption value of Class A redeemable ordinary shares | 1 | |
| Deferred offering costs paid via promissory note related party | 28,274 | |
| Deferred offering costs paid by Sponsor in exchange for issuance of class B ordinary shares | — | |
| Prepaid expenses paid by Sponsor under amount due to related party | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is BEST SPAC I Acquisition Corp.'s CIK number?
BEST SPAC I Acquisition Corp.'s SEC CIK number is 0002051587 (2051587). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BEST SPAC I Acquisition Corp.'s SEC filings?
All of BEST SPAC I Acquisition Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.