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Ipos overview

BEST SPAC I Acquisition Corp. (BSAAU)


Company Overview

Proposed Symbol BSAAU
Company Name BEST SPAC I Acquisition Corp.
Exchange NASDAQ Capital
Share Price $10.00
Employees 1 (as of 06/13/2025)
Status Priced
Shares Offered 5,500,000
Offer amount $55,000,000
Shares Over Alloted
Company Address 701, 7/FLOOR, UNITED BUILDING 17-19 JUBILEE STREET HONG KONG
Company Phone 852-9828-3397
Company Website www.healtheverbiotech.com
CEO Xiangge Liu
State of Inc
Fiscal Year End 12-31
Total Offering Expense $850,000.00
Shareholder Shares Offered
Shares Outstanding 7,399,500
Lockup Period (days) 180
Lockup Expiration 2025-12-10 00:00:00
Quiet Period Expiration 2025-07-23 00:00:00
CIK 0002051587
DealId 1330573-113470

Company Description

We are a blank check company incorporated in the British Virgin Islands as a business company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. Although there is no restriction or limitation on what industry or geographic region for our target search, it is our intention to pursue prospective targets that are in the consumer goods sector, which we believe has an optimistic growth trajectory for the coming years. We also intend to focus on prospective target businesses that have potential for revenue growth and/or operating margin expansion with recurring revenue and cash flow, and strong market positions within their industries. We will primarily seek to acquire one or more businesses with a total enterprise value of between $100,000,000 and $600,000,000. At the time of preparing this prospectus, we do not have any specific business combination under consideration or contemplation, and we have not, nor has anyone on our behalf, contacted any prospective target business or had any discussions, formal or otherwise, with respect to such a transaction. Our efforts to date are limited to organizational activities related to this offering. --- Our executive offices are located at 701, 7/Floor, United Building, 17-19 Jubilee Street, Hong Kong and our telephone number is +852 9828 3397.