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BEST SPAC I Acquisition Filed Terms, Nasdaq: BSAAU

Blank check company targeting the consumer goods sector.

Industry: SPAC

We are a blank check company. 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.
IPO Data
IPO File Date 03/28/2025
Offer Price
Price Range $10.00 - $10.00
Offer Shares (mm) 5.5
Deal Size ($mm) $55
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters Hong Kong, China
Founded 2024
Employees at IPO 1

BEST SPAC I Acquisition (BSAAU) Performance

Created with Highcharts 10.3.2Chart context menuBSAAU vs. IPO Index (IPOUSA)6. Jan13. Jan20. Jan27. Jan3. Feb10. Feb17. Feb24. Feb3. Mar10. Mar17. Mar24. Mar31. Mar-20%-10%0%+ 10%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index