Feis Equities reports 9.99% stake in BEST SPAC I

BEST SPAC I Acquisition Corp. received an updated ownership report showing that Feis Equities LLC and Lawrence M. Feis together beneficially own 602,260 Class A ordinary shares.

Accepted by SEC EDGAR 02/02/2026 - 09:39 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

BEST SPAC I Acquisition Corp. received an updated ownership report showing that Feis Equities LLC and Lawrence M. Feis together beneficially own 602,260 Class A ordinary shares. This represents 9.99% of the Class A shares, based on 6,024,500 shares outstanding as of November 12, 2025.

The filing states that the reporting persons have sole voting and dispositive power over these 602,260 shares and no shared power. They certify that the shares were not acquired and are not held for the purpose of changing or influencing control of the company, but instead are reported on a passive basis.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stake in BEST SPAC I Acquisition Corp. (BSAA) is reported in this Schedule 13G/A?

The Schedule 13G/A reports beneficial ownership of 602,260 Class A ordinary shares, representing 9.99% of the class. This percentage is based on 6,024,500 Class A shares outstanding as of November 12, 2025.

Who are the reporting persons in the BEST SPAC I (BSAA) Schedule 13G/A filing?

The reporting persons are Feis Equities LLC and Lawrence M. Feis. Both report beneficial ownership of the same 602,260 Class A shares, with identical sole voting and dispositive power figures disclosed in the document.

What voting and dispositive powers are disclosed for the BSAA shares?

The filing states sole voting power over 602,260 Class A shares and sole dispositive power over the same 602,260 shares. It reports zero shared voting power and zero shared dispositive power for both reporting persons.

How was the 9.99% ownership of BEST SPAC I (BSAA) calculated?

The 9.99% ownership figure is calculated using 6,024,500 Class A ordinary shares outstanding, as reported by the issuer in its Form 10-Q for the period ending September 30, 2025, filed on November 12, 2025.

Does the BSAA Schedule 13G/A indicate an intent to influence control of the company?

No. The certifying language states the securities were not acquired and are not held for the purpose or effect of changing or influencing control, and are not held in connection with any control-related transaction, aside from limited nomination-related activities.

What type of reporting person is Feis Equities LLC in the BSAA filing?

Feis Equities LLC is classified as type “OO – Limited Liability Company” in the filing. This indicates it is an entity other than the specific institutional categories listed in Schedule 13G, organized under the laws of Illinois.

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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

BEST SPAC I Acquisition Corp.

(Name of Issuer)

Class A ordinary shares, no par value

(Title of Class of Securities)

G1069P137

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G1069P137

1

Names of Reporting Persons

Feis Equities LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ILLINOIS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 602,260.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 602,260.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

602,260.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.99 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: Type of Reporting Person: OO - Limited Liability Company

SCHEDULE 13G

CUSIP No. G1069P137

1

Names of Reporting Persons

Lawrence M. Feis

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 602,260.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 602,260.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

602,260.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.99 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: BEST SPAC I Acquisition Corp.
(b)	Address of issuer's principal executive offices: 701, 7/FLOOR, UNITED BUILDING, 17-19 JUBILEE STREET, HONG KONG, Hong Kong
Item 2.
(a)	Name of person filing: (i) Feis Equities LLC (ii) Lawrence M. Feis
(b)	Address or principal business office or, if none, residence: The address of the business office of each of the Reporting Persons is: 1740 Waukegan Road Suite 206 Glenview, Illinois 60025
(c)	Citizenship: Citizenship is set forth in Row 4 of the cover page for each Reporting Person hereto and is incorporated hereto by reference for each Reporting Person.
(d)	Title of class of securities: Class A ordinary shares, no par value
(e)	CUSIP No.: G1069P137
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The percentage set forth in row 11 of the cover page for each Reporting Person is based on 6,024,500 Class A Ordinary Shares outstanding as of November 12, 2025, as reported by the Issuer in its 10-Q filing for the period ending September 30, 2025, filed with the Securities and Exchange Commission on November 12, 2025.
(b)	Percent of class: 9.99 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 602,260
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 602,260
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Feis Equities LLC

Signature:	Lawrence M. Feis
Name/Title:	Managing Member LLC
Date:	01/30/2026

Lawrence M. Feis

Signature:	Lawrence M. Feis
Name/Title:	Individual
Date:	01/30/2026

Exhibit Information

Exhibit A - Joint Filing Agreement