Best SPAC I Acquisition Corp. (BSAAU) Prices $55M IPO

Best SPAC I Acquisition Corp. (NASDAQ:BSAAU) announced the pricing of its $55 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BSAAU”, Friday, June 13, 2025.

The new SPAC plans to combine with a consumer goods company with a total enterprise value between $100 million and $600 million.

Best SPAC I’s management team is led by Chief Executive Officer, Chief Financial Officer and Chairman Xiangge Liu. The Board also includes Huachen Zhang, Heyi Chen and Precille Chu Cernosia.

Total SPAC deal count for 2025 year-to-date is now 56. This offering is expected to close on Monday, June 16, 2025.

Maxim Group LLC is acting as the sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Ellenoff, Grossman & Schole LLP serving as Underwriter’s Counsel. WWC, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.