General Information |
Business: |
(Incorporated in the British Virgin Islands)
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 million and $600 million.
(Note: BEST SPAC I Acquisition Corp. priced its small-cap SPAC IPO in sync with the terms in the prospectus – 5.5 million units at $10.00 each – and raised $55.0 million on Thursday night, June 12, 2025. Each unit consists of one of our Class A ordinary shares and one right to receive one-tenth (1/10th) of one Class A ordinary share upon consummation of our initial business combination.)
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Industry: |
BLANK CHECKS |
Employees: |
0 |
Founded: |
2025 |
Contact Information |
Address |
701, 7/Floor United Building 17-19 Jubilee Street Hong Kong |
Phone Number |
+852 9828 3397 |
Web Address |
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View Prospectus: |
BEST SPAC I Acquisition Corp. |
Financial Information |
Market Cap |
$74.0mil |
Revenues |
$0 mil (last 12 months) |
Net Income |
$0 mil (last 12 months) |
IPO Profile |
Symbol |
BSAAU |
Exchange |
NASDAQ |
Shares (millions): |
5.5 |
Price range |
$10.00 - $10.00 |
Est. $ Volume |
$55.0 mil |
Manager / Joint Managers |
Maxim Group |
CO-Managers |
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Expected To Trade: |
6/13/2025 |
Status:
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Priced |
Quiet Period Expiration Date: |
Available only to Subscribers |
Lock-Up Period Expiration Date: |
Available only to Subscribers |
SCOOP Rating |
Available only to Subscribers |
Rating Change |
Available only to Subscribers |