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BEST SPAC I Acquisition Corp.

corporate_fare Company Profile

BEST SPAC I Acquisition Corp.

BSAA·NASDAQ·Trade & Services·CIK 0002051587

BEST SPAC I Acquisition Corp. is a blank check company incorporated in the British Virgin Islands on December 13, 2024. The company's purpose is to complete a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. On June 16, 2025, the company completed its initial public offering (IPO) by selling 5,500,000 units at $10.00 per unit, raising $55,000,000 in gross proceeds. Each unit consists of one Class A ordinary share and one right to receive one-tenth of one Class A ordinary share upon the completion of the initial business combination. Concurrently with the IPO, the company completed a private placement, selling 277,000 units to BEST SPAC I (Holdings) Corp. (the "Sponsor") at $10.00 per unit, generating $2,770,000. These private placement units are identical to the units sold in the IPO. The Sponsor and initial shareholders agreed not to transfer these private placement units or their underlying securities, with limited exceptions, until after the company's initial business combination. They also received certain demand and piggyback registration rights. The company granted underwriters a 45-day option to purchase up to an additional 825,000 units at the IPO price to cover over-allotments, which expired unexercised on July 27, 2025. As a result, on July 30, 2025, the Sponsor forfeited 206,250 Founder Shares without consideration.

BEST SPAC I Acquisition Corp. (NASDAQ:BSAA) is a publicly traded company in the Trade & Services sector. Wiseek has independently scored 6 items for BSAA at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-29, rated 7/10. Across its 6 most recent items scored 7 or higher, the top rating is 9/10, with 5 rated 8 or above. Recent SEC coverage for BSAA spans SCHEDULE 13D, 8-K, DEF 14A, PRE 14A.

Recent high-impact activity:

  • Control of BEST SPAC I Shifts to Claudius Tsang via $1 Sponsor Acquisition
  • BEST SPAC I Faces Nasdaq Delisting Notice Over $35M MVLS Shortfall
  • Shareholders Approve SPAC Extension, But Over 70% of Shares Redeemed
  • BEST SPAC I Proposes Extension, Eliminating Sponsor Contributions to Trust Account
  • SPAC Seeks 12-Month Merger Extension, Waives Sponsor Trust Contributions, Potentially Reducing Shareholder Redemption Value

Financial Snapshot

Fiscal year ended December 31, 2025
Net Income
$649.85K
Op. Cash Flow
-$598.17K
Operating Income
-$651.37K
Cash & Equivalents
$1.3M
Debt / Equity
0.00×
Source: 10-K · filed 2026-02-09 · accession 0001213900-26-013671

Short Interest & Short Volume

1.91 days to cover

FINRA reported short interest of 4,312 shares in BSAA as of the September 15, 2026 settlement, a 35.4% decrease from the prior period — about 1.9 days to cover at its recent average daily volume. On October 2, 2026, 73.3% of BSAA volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)4,312 shares as of September 15, 2026
Change vs prior period▼ 35.4%
Days to cover1.91 at avg daily volume of 2,263
Daily short volume (FINRA facilities)73.3% of 15 shares on October 2, 2026
5-day average short volume44.8%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

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$11.13 -0.17% today
52-week range · as of 2026-09-29 $9.82 – $17.2
Market cap
$23.35M
Volume
2.2K (0.2× avg)
3-mo avg 9.5K
Live data · 2026-10-03 15:04 UTC · Market closed

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feed BSAA - Latest Insights

BSAA
Sep 29, 2026, 4:45 PM EDT
Filing Type: SCHEDULE 13D
Importance Score:
7
Price at Filing: $11.30
Real-time Price: $11.13 info
Change: -$0.172 (-2%) info
Market Cap: $23.348M info
BSAA
Aug 25, 2026, 7:00 AM EDT
Filing Type: 8-K
Importance Score:
9
Price at Filing: $12.50
Real-time Price: $11.13 info
Change: -$1.37 (-11%) info
Market Cap: $23.348M info
BSAA
May 19, 2026, 4:27 PM EDT
Filing Type: 8-K
Importance Score:
8
Price at Filing: $10.70
Real-time Price: $11.13 info
Change: +$0.428 (+4%) info
Market Cap: $23.348M info
BSAA
Apr 28, 2026, 4:30 PM EDT
Filing Type: DEF 14A
Importance Score:
8
Price at Filing: $10.26
Real-time Price: $11.13 info
Change: +$0.868 (+8%) info
Market Cap: $23.348M info
BSAA
Apr 02, 2026, 4:30 PM EDT
Filing Type: PRE 14A
Importance Score:
8
Price at Filing: $10.27
Real-time Price: $11.13 info
Change: +$0.858 (+8%) info
Market Cap: $23.348M info
BSAA
Feb 09, 2026, 4:15 PM EST
Filing Type: 10-K
Importance Score:
8
Price at Filing: $10.20
Real-time Price: $11.13 info
Change: +$0.928 (+9%) info
Market Cap: $23.348M info
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