Best Spac I Acquisition CORP. (BSAAU) — SEC Filings

Overview

Best Spac I Acquisition CORP. (BSAAU) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Nov 12, 2025: BEST SPAC I Acquisition Corp. (BSAAU) reported a net income of $240,364 for the three months ended September 30, 2025, and $193,905 for the nine months ended September 30, 2025. This income was primarily driven by significant interest income of $589,141 for the quarter and $676,905 for the nine-mont

Sentiment Summary

Across 8 filings, the sentiment breakdown is: 6 neutral, 2 mixed. The dominant filing sentiment for Best Spac I Acquisition CORP. is neutral.

Filing Type Overview

Best Spac I Acquisition CORP. (BSAAU) has filed 2 10-Q, 4 8-K, 1 S-1/A, 1 S-1 with the SEC between Mar 2025 to Nov 2025.

Recent Filings (8)

• BEST SPAC I Posts Q3 Profit on Trust Account Interest — 10-Q · Nov 12, 2025 Risk: medium
  BEST SPAC I Acquisition Corp. (BSAAU) reported a net income of $240,364 for the three months ended September 30, 2025, and $193,905 for the nine months ended Se
• BEST SPAC I Acquisition Corp. Files 8-K — 8-K · Sep 26, 2025 Risk: low
  BEST SPAC I Acquisition Corp. filed an 8-K on September 25, 2025, reporting the entry into a material definitive agreement. The filing also includes financial s
• BEST SPAC I Posts Q2 Loss, Sits on $55M Trust for Consumer Deal — 10-Q · Aug 13, 2025 Risk: high
  BEST SPAC I Acquisition Corp. (BSAAU) reported a net loss of $46,459 for the six months ended June 30, 2025, primarily driven by general and administrative expe
• BEST SPAC I Acquisition Corp. Files 8-K — 8-K · Aug 6, 2025 Risk: low
  BEST SPAC I Acquisition Corp. filed an 8-K on August 6, 2025, reporting "Other Events" and "Financial Statements and Exhibits." The company, formerly known as B
• BEST SPAC I Acquisition Corp. Files 8-K — 8-K · Jun 23, 2025 Risk: low
  BEST SPAC I Acquisition Corp. filed an 8-K on June 23, 2025, reporting an event on June 16, 2025. The filing indicates a change in the company's former name to
• BEST SPAC I Acquisition Corp. Files 8-K with Key Agreements — 8-K · Jun 17, 2025 Risk: medium
  BEST SPAC I Acquisition Corp. entered into a material definitive agreement on June 12, 2025. The company also reported on unregistered sales of equity securitie
• BEST SPAC I Amends S-1, Preps for Public Offering — S-1/A · May 27, 2025 Risk: high
  BEST SPAC I Acquisition Corp. (BSAAU) filed an S-1/A on May 27, 2025, as an amendment to its initial registration statement, indicating its intent to commence a
• BEST SPAC I Acquisition Corp. Files for IPO — S-1 · Mar 28, 2025 Risk: medium
  BEST SPAC I Acquisition Corp. filed an S-1 registration statement on March 28, 2025, indicating its intention to go public. The company, incorporated in the Bri

Risk Profile

Risk Assessment: Of BSAAU's 8 recent filings, 2 were flagged as high-risk, 3 as medium-risk, and 3 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Best Spac I Acquisition CORP.'s most recent 10-Q filing (Nov 12, 2025):

• Revenue: $0
• Net Income: $240,364
• EPS: $0.09
• Debt-to-Equity: 0.07
• Cash Position: $1,379,092
• Operating Margin: N/A
• Total Assets: $57,232,448
• Total Debt: $220,159

Key Executives

• Giovanni Caruso
• Barry Grossman, Esq.
• Wei Wang, Esq.

Industry Context

BEST SPAC I Acquisition Corp. is operating within the Special Purpose Acquisition Company (SPAC) sector, which has seen significant activity but also increasing regulatory scrutiny. The company is specifically targeting a business combination within the consumer goods sector. This sector is characterized by evolving consumer preferences, supply chain dynamics, and competitive pressures from both established players and emerging brands.

Top Tags

filing (4) · SPAC (3) · IPO (3) · Blank Check Company (3) · spac (3) · corporate-action (3) · Consumer Goods (2) · Trust Account (2) · 10-Q (1) · Redemption Risk (1)

Key Numbers

• Net Income: $193,905 — For the nine months ended September 30, 2025, primarily from interest income.
• Interest Income: $676,905 — Generated from investments held in the Trust Account for the nine months ended September 30, 2025.
• Investments in Trust Account: $55,663,293 — Total assets held in the Trust Account as of September 30, 2025, available for a business combination or redemption.
• IPO Gross Proceeds: $55,000,000 — Amount raised from the Initial Public Offering on June 16, 2025.
• Combination Period: 12-18 months — Timeframe from IPO closing (June 16, 2025) to complete a Business Combination.
• Founder Shares Forfeited: 206,250 — Class B ordinary shares forfeited by the Sponsor due to unexercised over-allotment option.
• Basic and Diluted Net Income Per Share (Redeemable Class A): $0.35 — For the nine months ended September 30, 2025, for Class A shares subject to possible redemption.
• Investments held in Trust Account: $55.0M — Increased from $0 to $55,087,764 as of June 30, 2025, following the IPO.
• Net Loss: $46.5K — Reported for the six months ended June 30, 2025, reflecting initial operational expenses.
• Interest on Trust Account: $87.8K — Non-operating income generated from the Trust Account investments for the six months ended June 30, 2025.
• Units sold in IPO: 5,500,000 — Generated $55,000,000 in gross proceeds at $10.00 per unit.
• Private Placement Units: 277,000 — Sold to the Sponsor at $10.00 per unit, raising $2,770,000.
• Total transaction costs: $1,518,116 — Incurred for the IPO, including underwriting commissions and other offering costs.
• Cash at End of Period: $1,774,995 — Available for working capital and expenses as of June 30, 2025.
• Central Index Key: 0002051587 — Unique identifier for the filer

Related Companies

BSAA · BSAAR

Frequently Asked Questions