BEST SPAC I (Holdings) Corp. - 30 Jul 2025 Form 4 Insider Report for BEST SPAC I Acquisition Corp. (BSAA)

Role
10%+ Owner
Signature
/s/ Yun Chen, as authorized signatory
Issuer symbol
BSAA
Transactions as of
30 Jul 2025
Net transactions value
$0
Form type
4
Filing time
01 Aug 2025, 16:30:09 UTC
Previous filing
18 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
BEST SPAC I (Holdings) Corp. 10%+ Owner C/O BEST SPAC I ACQUISITION CORP., 701, 7 FLR, UNITED BLDG 17-19 JUBILEE ST, CENTRAL, HONG KONG /s/ Yun Chen, as authorized signatory 01 Aug 2025 0002051637

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BSAA Class B ordinary shares Other -206,250 -13% 1,375,000 30 Jul 2025 Class A ordinary shares 206,250 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 30, 2025, BEST SPAC I (Holdings) Corp. forfeited for no consideration an aggregate of 206,250 shares of Class B ordinary shares, which were subsequently cancelled by BEST SPAC I Acquisition Corp. The Issuer's Class B ordinary shares are convertible into the Issuer's Class A ordinary shares on a one-for-one basis at the Reporting Person's election and has no expiration date. Mr. Yun Chen and Mr. Kam Chi Kin share voting and dispositive power over the securities held by the Reporting Person.