SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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BEST SPAC I Acquisition Corp. (Name of Issuer) |
Class A Ordinary Shares, no par value (Title of Class of Securities) |
G1069P103 (CUSIP Number) |
07/30/2025 (Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
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SCHEDULE 13G
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CUSIP No. | G1069P103 |
1 | Names of Reporting Persons
BEST SPAC I (Holdings) Corp. | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
VIRGIN ISLANDS, BRITISH
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,652,000.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
22.3 % | ||||||||
12 | Type of Reporting Person (See Instructions)
OO |
SCHEDULE 13G
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CUSIP No. | G1069P103 |
1 | Names of Reporting Persons
Yun Chen | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
CHINA
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,652,000.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
22.3 % | ||||||||
12 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13G
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CUSIP No. | G1069P103 |
1 | Names of Reporting Persons
Kam Chi Kin | ||||||||
2 | Check the appropriate box if a member of a Group (see instructions)
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3 | Sec Use Only | ||||||||
4 | Citizenship or Place of Organization
CHINA
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Number of Shares Beneficially Owned by Each Reporting Person With: |
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9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,652,000.00 | ||||||||
10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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11 | Percent of class represented by amount in row (9)
22.3 % | ||||||||
12 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13G
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Item 1. | ||
(a) | Name of issuer:
BEST SPAC I Acquisition Corp. | |
(b) | Address of issuer's principal executive offices:
701, 7/Floor, United Building, 17-19 Jubilee Street, Hong Kong | |
Item 2. | ||
(a) | Name of person filing:
BEST SPAC I (Holdings) Corp., Yun Chen and Kam Chi Kin (collectively, the "Reporting Persons") | |
(b) | Address or principal business office or, if none, residence:
701, 7/Floor, United Building, 17-19 Jubilee Street, Hong Kong | |
(c) | Citizenship:
BEST SPAC I (Holdings) Corp. is a British Virgin Islands company. Yun Chen is a citizen of the People's Republic of China. Kam Chi Kin is a citizen of Macau, China. | |
(d) | Title of class of securities:
Class A Ordinary Shares, no par value | |
(e) | CUSIP No.:
G1069P103 | |
Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
(a) | ![]() | |
(b) | ![]() | |
(c) | ![]() | |
(d) | ![]() | |
(e) | ![]() | |
(f) | ![]() | |
(g) | ![]() | |
(h) | ![]() | |
(i) | ![]() | |
(j) | ![]() please specify the type of institution: | |
(k) | ![]() | |
Item 4. | Ownership | |
(a) | Amount beneficially owned:
As of July 30, 2025, the Reporting Persons may be deemed to beneficially own 1,652,000 of the Issuer's Class A Ordinary Shares and Class B Ordinary Shares. BEST SPAC I (Holdings) Corp. is the record holder of the ordinary shares reported herein. Mr. Yun Chen is the sole director of BEST SPAC I (Holdings) Corp. and directs its day-to-day operations. Mr. Kam Chi Kin and Mr. Yun Chen share voting and dispositive power with respect to the securities held of record by BEST SPAC I (Holdings) Corp., and they may be deemed the beneficial owners of the securities held by BEST SPAC I (Holdings) Corp. This Statement shall not be construed as an admission that the Reporting Persons are, for purposes of Section 13(d) and 13(g), beneficial owners of any securities covered by this Statement. | |
(b) | Percent of class:
The 1,652,000of the Issuer's Class A Ordinary Shares and Class B Ordinary Shares owned by the Reporting Persons constitute 22.3% of the total number of Class A Ordinary Shares and Class B Ordinary Shares issued and outstanding, assuming the conversion of all issued and outstanding Class B Ordinary Shares of the Issuer. The Class B Ordinary Shares are automatically convertible into Class A Ordinary Shares with or immediately following the Business Combination on a one-for-one basis and may be converted at any time prior to the Business Combination at the option of the holder on a one-for-one basis, subject to certain adjustments, as more fully described under the heading "Description of Securities" in the Issuer's Registration Statement on Form S-1 (File No. 333-286237). The percentage of the total ordinary shares held is based on 6,024,500 Class A Ordinary Shares, including Class A Ordinary Shares underlying the units, and 1,375,000 Class B Ordinary Shares issued and outstanding as of July 30, 2025, assuming the conversion of all Class B Ordinary Shares. | |
(c) | Number of shares as to which the person has:
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(i) Sole power to vote or to direct the vote:
0 | ||
(ii) Shared power to vote or to direct the vote:
1,652,000 | ||
(iii) Sole power to dispose or to direct the disposition of:
0 | ||
(iv) Shared power to dispose or to direct the disposition of:
1,652,000 | ||
Item 5. | Ownership of 5 Percent or Less of a Class. | |
Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
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Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
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Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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Item 10. | Certifications: |
Not Applicable
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SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Exhibit Information
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EXHIBIT LIST Exhibit A Joint Filing Agreement, dated as of August 1, 2025. |