BEST SPAC I (BSAA) Schedule 13G/A: Feis Equities reports 0% stake

Rhea-AI Filing Summary

BEST SPAC I Acquisition Corp. is the subject of an Amendment No. 2 to a Schedule 13G/A filed by Feis Equities LLC and Lawrence M. Feis reporting ownership of 5% or less of the issuer's Class A ordinary shares. The filing cites 6,024,500 Class A Ordinary Shares outstanding as of April 28, 2026.

The reporting persons list 0 shares of sole or shared voting or dispositive power and state a 0% percent of the class on the cover page. Signatures are dated 05/21/2026 and the filing includes a Joint Filing Agreement as Exhibit A.

Insights

Securities Law Analyst

Amendment confirms passive, sub‑5% position by Feis entities.

The filing is an amended Schedule 13G/A that lists two Reporting Persons: Feis Equities LLC and Lawrence M. Feis. It states the percentage in Row 11 is calculated from 6,024,500 Class A Ordinary Shares outstanding as of April 28, 2026.

Ownership disclosure shows 0 shares of voting or dispositive power and a reported 0% of the class. The document includes a signed Joint Filing Agreement and is dated 05/21/2026.

Corporate Governance Specialist

Filing documents passive status; no control rights asserted.

The cover page rows for voting and dispositive powers show zeros for sole and shared authority, consistent with a passive reporting status under the Schedule 13G framework. The filing explicitly cites ownership of "5 Percent or Less of a Class."

Because the reported percentage is 0%, the practical impact on governance or control is nil; subsequent filings would be required if holdings rise above applicable thresholds.

Key Figures

Shares outstanding used for calculation: 6,024,500 shares Reported percent of class: 0% Filing signature date: 05/21/2026 +2 more

5 metrics

Shares outstanding used for calculation 6,024,500 shares as of April 28, 2026

Reported percent of class 0% cover page percentage for each Reporting Person

Filing signature date 05/21/2026 signature dates for Lawrence M. Feis (Managing Member and Individual)

Class of security Class A ordinary shares, no par value security title reported in Item 2(d)

Number of Reporting Persons 2 persons Feis Equities LLC and Lawrence M. Feis listed in Item 2(a)

Key Terms

Schedule 13G/A, Beneficially owned, Dispositive power

3 terms

Schedule 13G/A regulatory

"Amendment No. 2 to Schedule 13G/A (cover wording)"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Beneficially owned financial

"Item 4(a) Amount beneficially owned (cover wording)"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Dispositive power regulatory

"Item 4(c)(iii)-(iv) Sole power to dispose or to direct the disposition"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/22/2026 - 01:37 PM Learn about SEC filing dates

FAQ

What does Feis Equities LLC report for BEST SPAC I (BSAA)?

Feis Equities LLC and Lawrence M. Feis filed an Amendment No. 2 to Schedule 13G/A reporting ownership of 5% or less. The filing cites 6,024,500 Class A shares outstanding as of April 28, 2026 and lists 0% ownership.

How many Class A shares does the filing use to calculate ownership?

The filing uses 6,024,500 Class A Ordinary Shares outstanding as of April 28, 2026, per the issuer's 10‑Q referenced in the Schedule 13G/A, to base the percentage calculation.

Do the reporting persons claim voting or dispositive power?

No. The filing shows 0 shares for sole voting, shared voting, sole dispositive, and shared dispositive power for each reporting person on the cover page, indicating no asserted control rights.

When was the Schedule 13G/A amendment signed?

The signatures on the Amendment No. 2 are dated 05/21/2026, with Lawrence M. Feis signing both as Managing Member of the LLC and as an individual.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

BEST SPAC I Acquisition Corp.

(Name of Issuer)

Class A ordinary shares, no par value

(Title of Class of Securities)

G1069P103

(CUSIP Number)

05/21/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): G1069P103

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 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

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 Number(s): G1069P103

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 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

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.: G1069P103
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 April 28, 2026, as reported by the Issuer in its 10-Q filing for the period ending March 31, 2026, filed with the Securities and Exchange Commission on April 28, 2026.
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
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:	05/21/2026

Lawrence M. Feis

Signature:	Lawrence M. Feis
Name/Title:	Individual
Date:	05/21/2026

Exhibit Information

Exhibit A - Joint Filing Agreement