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BSAA · Current Report (Form 8-K) · Filed August 25, 2026

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

Form
8-K
Filed
August 25, 2026
Period
Aug 19, 2026
Ticker
BSAA
Accession
0001213900-26-093238
Boardroom Alpha · Filing insights

Nasdaq flagged MVLS below threshold; 180-day window to regain compliance; delisting possible; company may appeal.

About Best Spac I Acquisition Corp
Market cap
$23M
1Y TSR
+13.1%
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

 

August 19, 2026

Date of Report (Date of earliest event reported)

 

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)   (I.R.S. Employer
Identification No.)

 

701, 7/Floor
United Building
17-19 Jubilee Street
Hong Kong
  n/a
(Address of Principal Executive Offices)   (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
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

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

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one Class A ordinary share, 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, no par value   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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

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 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On August 19, 2026, BEST SPAC I Acquisition Corp. (the “Company”) received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), which stated that, based upon a review of the Company’s Market Value of Listed Securities (MVLS) for the last 30 consecutive business days, the Company no longer meets the minimum MVLS of $35,000,000 required for continued listing pursuant to Nasdaq Listing Rule 5550(b)(2). The Company also does not meet the requirements under Listing Rules 5550(b)(1) and 5550(b)(3).

 

The notification has no immediate effect on the listing of the Company’s securities, and its units, Class A ordinary shares and rights will continue to trade on Nasdaq under the symbol “BSAAU,” “BSAA” and “BSAAR,” respectively, at this time.

 

In accordance with the Nasdaq listing rules, the Company has been provided a compliance period of 180 calendar days, or until February 15, 2027, in which to regain compliance. In the event the Company does not regain compliance with the MVLS requirement prior to the expiration of the compliance period, it will receive written notification that its securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Hearings Panel. There is no assurance that the Company will be able to regain compliance with the Nasdaq listing rules prior to the expiration of the compliance period or at all.

 

This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

 

Forward-Looking Statements

 

Certain information contained in this report consists of forward-looking statements for purposes of the federal securities law that involve risks, uncertainties and assumptions that are difficult to predict. Words such as “will,” “would,” “may,” “intends,” “potential,” and similar expressions, or the use of future tense, identify forward-looking statements, but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance and actual actions or events could differ materially from those contained in such statements. For example, there can be no assurance that Nasdaq will accept the Company’s plan to regain compliance or that the Company will regain compliance with the Nasdaq listing rules during any compliance period or in the future, or otherwise meet Nasdaq continued listing standards. For additional information about factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to the Company’s filings with the SEC. The forward-looking statements contained in this report speak only as of the date of this report and the Company undertakes no obligation to publicly update any forward-looking statements to reflect changes in information, events or circumstances after the date of this report, unless required by law.

 

1

 

SIGNATURES

 

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.
   
Dated: August 25, 2026 By: /s/ Xiangge Liu
  Name: Xiangge Liu
  Title: Chief Executive Officer and
Chief Financial Officer

 

2

 

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More filings

Other filings from Best Spac I Acquisition Corp (BSAA)

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 August 25, 2026. The accession number assigned by EDGAR is 0001213900-26-093238.
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?
Nasdaq flagged MVLS below threshold; 180-day window to regain compliance; delisting possible; company may appeal. 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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