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BSAA · Current Report (Form 8-K) · Filed May 19, 2026

Best Spac I Acquisition Corp — Current Report (Form 8-K)

Form
8-K
Filed
May 19, 2026
Period
May 19, 2026
Ticker
BSAA
Accession
0001213900-26-059046
Boardroom Alpha · Filing insights

Shareholders approve extending SPAC deadline to June 16, 2027; Amended Charter filed; redemption activity and voting agreement noted.

About Best Spac I Acquisition Corp
Market cap
$84M
1Y TSR
+9.2%
Sector
Industrials
CEO
Xiangge Liu
Last annual meeting: May 19, 2026 · View full Best Spac I Acquisition Corp profile →
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 19, 2026

 

BEST SPAC I Acquisition Corp.

(Exact name of registrant as specified in its charter)

 

British Virgin Islands   001-42700   N/A
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

701, 7/Floor

United Building

17-19 Jubilee Street

Hong Kong

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: +1 702 287 9776

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Units, each consisting of one Class A ordinary share, with no par value, and one right to receive one-tenth of one Class A ordinary share   BSAAU   The Nasdaq Stock Market LLC
Class A ordinary shares   BSAA   The Nasdaq Stock Market LLC
Rights   BSAAR   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

 

On May 19, 2026, BEST SPAC I Acquisition Corp. (the “Company”) held its extraordinary general meeting (the “EGM”), at which the shareholders voted on the proposal to amend and restate the Company’s amended and restated memorandum and articles of association to extend the date by which it has to consummate a business combination for an additional twelve (12) months from June 16, 2026 to June 16, 2027 (the “Charter Amendment Proposal”). For more information on the proposal, please refer to the definitive proxy statement filed by the Company with the Securities and Exchange Commission on April 28, 2026. The Company’s shareholders approved the Charter Amendment Proposal at the EGM.

 

Following the shareholder approval, the Company filed the Second Amended and Restated Memorandum and Articles of Association (the “Amended Charter”), which is effective as of May 19, 2026, with the Registrar of Corporate Affairs at the British Virgin Islands, under which the Company has up to 24 months from its initial public offering (i.e., until June 16, 2027) to consummate an initial business combination. 

 

The foregoing description of the Amended Charter is not complete and is subject to and qualified in its entirety by reference to the Second Amended and Restated Memorandum and Articles of Association, a copy of which is filed with this Current Report on Form 8-K as Exhibit 3.1, and the provisions of which are incorporated by reference herein.

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

As of April 10, 2026, the record date for the EGM, there were 7,399,500 ordinary shares outstanding and entitled to vote. At the EGM, 6,169,960 ordinary shares, representing 83.38% of the total outstanding ordinary shares as of the record date, were present in person or by virtual attendance or represented by proxy, constituting a quorum for the transaction of business. Adoption of the Charter Amendment Proposal required approval by a majority of the ordinary shares present in person or by virtual attendance or represented by proxy which were present at the Extraordinary Meeting and were voted. The voting results were as follows:

 

FOR   AGAINST   ABSTAIN   BROKER NON-VOTE
3,308,619     2,861,341   0   0

 

Redemption of Ordinary Shares

 

In connection with the shareholders’ vote at the EGM, an aggregate of 5,333,287 ordinary shares were tendered for redemption.

 

Item 8.01. Other Events.

 

On May 19, 2026, BEST SPAC I (Holdings) Corp. (the “Sponsor”) entered into an assignment of economic interest agreement with an unaffiliated third party. In exchange for such third party agreeing to vote 451,243 shares of the Company’s Class A ordinary shares sold in its initial public offering in favor of the Charter Amendment Proposal, the Sponsor agreed to transfer to such third party an aggregate of 50,000 shares of the Company’s Class B ordinary shares held by the Sponsor immediately following the release or expiration of any transfer restrictions after the consummation of an initial business combination.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

3.1   Second Amended and Restated Memorandum and Articles of Association.
104   Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  BEST SPAC I Acquisition Corp.
     
  By: /s/ Xiangge Liu
  Name:   Xiangge Liu
  Title: Chief Executive Officer
     
Dated: May 19, 2026    

 

2

 

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Reference

Frequently asked questions

When did Best Spac I Acquisition Corp file this 8-K?
Best Spac I Acquisition Corp (BSAA) filed this Current Report (Form 8-K) with the SEC on May 19, 2026. The accession number assigned by EDGAR is 0001213900-26-059046.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
Shareholders approve extending SPAC deadline to June 16, 2027; Amended Charter filed; redemption activity and voting agreement noted. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Best Spac I Acquisition Corp's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Best Spac I Acquisition Corp has filed under CIK 2051587, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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