BEST SPAC I (Holdings) Corp. sold BSAA
July 30, 2025 · Form 4 insider transaction
BEST SPAC I (Holdings) Corp. sold 206,250 shares of BEST SPAC I Acquisition Corp., a transaction worth N/A. The trade was recorded as j and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
206,250
Price
N/A
Total value
N/A
InsiderBEST SPAC I (Holdings) Corp.
Role—
SecurityClass B ordinary shares
Transaction codeJ: J
Transaction dateJuly 30, 2025
Filing dateAugust 1, 2025
Shares owned after1,375,000
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
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.