Here are the 8-K filings from BEST SPAC I Acquisition Corp. Rights (BSAAR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
An 8-K covers material events a company has to report between its quarterly reports, so if you follow BSAAR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BSAAR filings page.
BEST SPAC I Acquisition Corp. reported that, on September 29, 2026, Naoda Investments Limited transferred all its ordinary shares in BEST SPAC I (Holdings) Corp., the company’s sponsor, to A SPAC (Holdings) Group Corp. The buyer now holds 100% of the sponsor’s issued and outstanding ordinary shares. The sponsor directly holds 1,375,000 Class B ordinary shares and 277,000 Class A ordinary shares underlying private placement units, representing approximately 80.0% of the company’s issued and outstanding ordinary shares.
The transfer did not change BEST SPAC I Acquisition Corp.’s directors or officers. Yun Chen resigned as the sponsor’s sole director. Claudius Tsang, a director of the buyer, was appointed the sponsor’s sole director and has shared voting and investment discretion with Kam Chi Kin over securities held of record by the sponsor.
BEST SPAC I Acquisition Corp. (BSAA) reported that on August 19, 2026 it received a Nasdaq notice that its Market Value of Listed Securities (MVLS) had been below the required $35,000,000 for the last 30 consecutive business days, violating Nasdaq Listing Rule 5550(b)(2).
The company also does not meet the standards under Listing Rules 5550(b)(1) and 5550(b)(3). The notice does not immediately affect trading, and the company’s units (BSAAU), Class A ordinary shares (BSAA) and rights (BSAAR) continue to trade on Nasdaq. BEST SPAC I Acquisition Corp. has 180 calendar days, until February 15, 2027, to regain compliance or face potential delisting, with the option to appeal any delisting determination to a Nasdaq Hearings Panel. The company states there is no assurance it will regain compliance.
BEST SPAC I Acquisition Corp. obtained shareholder approval to amend its charter and extend the deadline to complete an initial business combination by 12 months, from June 16, 2026 to June 16, 2027. The amended memorandum and articles became effective on May 19, 2026.
At the extraordinary general meeting, 6,169,960 of 7,399,500 ordinary shares entitled to vote as of April 10, 2026 were represented, and the charter amendment was approved. In connection with the vote, 5,333,287 ordinary shares were tendered for redemption, reducing the public float and likely the cash held in trust.
Separately, the Sponsor agreed to transfer 50,000 Class B ordinary shares to an unaffiliated third party after any transfer restrictions end, in exchange for that party agreeing to vote 451,243 Class A shares in favor of the charter amendment.