Group 1 - BEST SPAC I Acquisition Corp. has successfully closed its initial public offering (IPO) of 5,500,000 units at a price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right [1] - The units began trading on the Nasdaq Capital Market under the ticker symbol "BSAAU" on June 13, 2025, and the Class A ordinary shares and rights are expected to trade under the symbols "BSAA" and "BSAAR" respectively once they begin separate trading [1] - The underwriter, Maxim Group LLC, has been granted a 45-day option to purchase up to 825,000 additional units at the IPO price to cover over-allotments [2] Group 2 - BEST SPAC I Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses, focusing on the consumer goods sector [5]
BEST SPAC I Acquisition Corp. Announces Closing of $55 Million Initial Public Offering