Microcap Ledger BEST SPAC I Acquisition Corp. $BSAA
Facts as of . Built from SEC filings and our own data. Small caps move fast; check the latest filings.
Snapshot
- Exchange
- Nasdaq Capital Market
- Sector
- Services-Educational Services
- Headquarters
- Hong Kong
- Fiscal year end
- December 31
What the company doesAI summary of filing
BEST SPAC I Acquisition Corp. is a blank check company incorporated in the British Virgin Islands on December 13, 2024, with the purpose of identifying and completing a merger or business combination with one or more operating businesses. The company completed an initial public offering in June 2025, raising $55 million in gross proceeds held in trust, and has entered into a merger agreement to acquire HDEducation Group Limited for $300 million in stock consideration. The company has not commenced operations and will not generate operating revenue until after completion of its initial business combination; it will only generate non-operating income from interest on trust account funds prior to that time. [10-K 2026-02-09]
Financial health
| Period | Revenue | Net income | Operating cash flow | Cash | Filing |
|---|---|---|---|---|---|
| 6 months to Jun 2026 | $100.00M | $526.3K | −$194.5K | $1.11M | [10-Q 2026-08-06] |
| FY ended Dec 2025 | — | $649.9K | −$598.2K | $1.30M | [10-K 2026-02-09] |
- Quarterly cash burn
- −$97.3K
- Cash runway Estimate
- ~34.3 months
Capital structure and dilution
- Shelf registration
- S-1 filed 2025-03-28; declared effective 2025-06-12 [S-1 2025-03-28]
Listing status
Current status: 1 Form 8-K Item 3.01 filing(s) in the last 24 months, most recent 2026-08-25. Item 3.01 covers delisting notices, failures to meet a listing rule and listing transfers; read the filing for which one.
| Date | Event | Details | Deadline | Filing |
|---|---|---|---|---|
| 2026-08-25 | 8-K Item 3.01 | Notice of delisting or failure to satisfy a continued listing rule or standard; or transfer of listing | — | [8-K 2026-08-25] |
Who owns it
| Date | Insider | Type | Shares | Price | Filing |
|---|---|---|---|---|---|
| 2026-09-29 | Chen Yun | other | 277,000 | — | [4 2026-09-29] |
Catalysts and calendar
| Date | Type | Title |
|---|---|---|
| 2026-09-29 | 8-K | Change in control |
| 2026-09-29 | 13D | Beneficial ownership report (5%+ holder) |
| 2026-09-29 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-08-25 | 8-K | Listing notice or transfer |
| 2026-08-13 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-08-06 | 10-Q | Quarterly report |
| 2026-08-05 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-07-09 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-06-04 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-05-22 | 13G/A | Beneficial ownership report (5%+ holder) |
| 2026-05-19 | 8-K | Charter, bylaws or fiscal year change; Shareholder vote results; Other events |
| 2026-05-07 | 13G/A | Beneficial ownership report (5%+ holder) |
Alerts for $BSAA
Email me when BEST SPAC I Acquisition Corp. files an offering, gets a deficiency notice, or moves sharply.
Facts as of . Small caps move fast; check the latest filings.