BEST SPAC I Acquisition Corp. closes $55M IPO; 5.5M units at $10 each

BEST SPAC I Acquisition Corp.

Priced 5,500,000 units at $10.00/unit on June 12, 2025; gross proceeds $55M.
Simultaneous private placement of 277,000 private units to sponsor at $10/unit for $2.77M.
Total of $57.77M deposited into trust account for benefit of public shareholders.
Units trade on Nasdaq under BSAAU; shares (BSAA) and rights (BSAAR) to trade separately.
SPAC intends to focus on businesses in the consumer goods sector for initial business combination.

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Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

BEST SPAC I Acquisition Corp.: Filed Amended and Restated Memorandum and Articles of Association in connection with IPO (effective 2025-06-12).

Change: charter amendment
Effective: 2025-06-12

Exact text from the filing

On June 12, 2025, in connection with the IPO, the Company filed its Amended and Restated Memorandum and Articles of Association, as described in the Registration Statement, with the Registry of Corporate Affairs of British Virgin Islands.

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42 governance changes filed in the last 30 days. Browse all governance changes →

BEST SPAC I Acquisition Corp. filing history →

Source: SEC EDGAR

accession 0001213900-25-054913

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