B
BEST SPAC I Acquisition Corp.
BSAARCIK 0002051587NasdaqEmerging GrowthServices-Educational ServicesHKFY ends Dec 31
Period
FY 2025
Revenue
—
Net Income
$649.9K
Total Assets
$57.62M
Equity
$2.52M
Shares Out
—
Op. Cash Flow
$-598.2K
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
Year Ended · In millions, except per-share amounts
| 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
As of · In millions, except per-share amounts
| 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
Year Ended · In millions, except per-share amounts
| 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
Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro
Material Events
Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro
Insiders
Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro
Institutional Holders
Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro