secwatch.observer — SEC 8-K summary
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Issuer:     BEST SPAC I Acquisition Corp. (BSAA)
CIK:        0002051587
Form:       8-K
Filed at:   2025-06-17T23:59:59+00:00
Accession:  0001213900-25-054913
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2051587/000121390025054913/0001213900-25-054913-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2051587/000121390025054913/ea0245780-8k_bestspac1.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-054913

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