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BEST SPAC I SEC Filings

BSAA Nasdaq

Welcome to our dedicated page for BEST SPAC I SEC filings (Ticker: BSAA), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

The SEC filings page for BEST SPAC I Acquisition Corp. (BSAA) provides access to the company’s regulatory disclosures, including current reports such as Form 8-K. Available information identifies BEST SPAC I Acquisition Corp. as a blank check company organized as a British Virgin Islands business company, with its Class A ordinary shares and rights listed on The Nasdaq Stock Market LLC under the symbols BSAA and BSAAR.

A significant filing for BSAA is a Form 8-K that reports entry into a Merger Agreement with HDEducation Group Limited, High Distinction Group Limited, and BEST SPAC I Mini Sub Acquisition Corp. This filing describes a two-step business combination involving a reincorporation merger and an acquisition merger, the conversion of Parent securities into Purchaser securities, and the treatment of HDE shares at closing. It also outlines the structure of the stock consideration, including potential Additional Shares and Earnout Shares, and sets out detailed representations, warranties, covenants, and conditions to closing.

Through this page, users can review how BEST SPAC I Acquisition Corp. describes its trust account, Nasdaq listing, SEC reporting obligations, and compliance with laws, as reflected in its filings. Filings can also illuminate requirements for shareholder approvals, regulatory clearances, and delivery of legal opinions and corporate documents needed to complete the business combination.

Stock Titan enhances these filings with AI-powered summaries that explain the key points of lengthy documents, helping readers understand complex sections on merger mechanics, consideration formulas, and closing conditions. Real-time updates from the SEC’s EDGAR system allow users to see new BSAA filings as they appear, including additional Forms 8-K or other reports related to the Merger Agreement and any subsequent amendments or related transactions.

Rhea-AI Summary

BEST SPAC I Acquisition Corp. entered into a definitive Merger Agreement with HDEducation Group Limited, setting up a two-step business combination that will move the SPAC into a Cayman holding structure and acquire HDE. First, BEST SPAC I will merge into a new Cayman parent, with each existing Class A share converting into one Purchaser Class A share and each right converting into one-tenth of a Parent Class A share, then into Purchaser Class A shares. Within two business days, a mini-sub will merge into HDE, leaving HDE as the surviving company.

The deal values the equity consideration at $300,000,000, paid entirely in newly issued Purchaser Class A and Class B shares valued at $10.00 per share, with potential Additional Shares based on agreed pre-money valuation and any new cash investors. Certain HDE holders can earn up to 2,000,000 additional shares if the Purchaser share price trades at or above $15.00 for 20 out of 30 trading days within two years after closing. Sponsor and key HDE shareholders have signed voting, registration rights and 180-day (price-triggered) lock-up agreements, and the deal is subject to SEC effectiveness, shareholder approvals, CSRC and other regulatory conditions and standard termination rights.

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FAQ

What is the current stock price of BEST SPAC I (BSAA)?

The current stock price of BEST SPAC I (BSAA) is $10.2 as of January 28, 2026.

What is the market cap of BEST SPAC I (BSAA)?

The market cap of BEST SPAC I (BSAA) is approximately 75.3M.
BEST SPAC I

Nasdaq:BSAA

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75.33M
5.50M
Services-educational Services
HONG KONG

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