BEST SPAC I Acquisition Corp. Reports Sponsor Ownership Transfer

What Happened
On September 29, 2026, Naoda Investments Limited transferred all of its ordinary shares of BEST SPAC I (Holdings) Corp. (the “Sponsor”) to A SPAC (Holdings) Group Corp. (the “Buyer”). As a result, the Buyer owns 100% of the Sponsor, which directly holds 1,375,000 Class B ordinary shares and 277,000 Class A ordinary shares underlying the Company’s private placement units—together representing approximately 80.0% of BEST SPAC I Acquisition Corp.’s issued and outstanding ordinary shares. There were no changes to the Company’s directors or officers.

Key Details

• Transfer date: September 29, 2026.
• Buyer: A SPAC (Holdings) Group Corp.; Seller: Naoda Investments Limited.
• Sponsor holdings: 1,375,000 Class B ordinary shares and 277,000 Class A ordinary shares.
• Ownership impact: those holdings represent ~80.0% of the Company’s issued and outstanding ordinary shares.
• Sponsor governance: Yun Chen resigned as sole director of the Sponsor; Claudius Tsang (a director of the Buyer) was appointed sole director of the Sponsor and shares voting and investment discretion with Kam Chi Kin regarding the Sponsor’s record-held securities.

Why It Matters
The transfer concentrates effective control of the sponsor—and therefore a large block of the Company’s shares—in the Buyer. That concentration can materially affect shareholder voting outcomes and the Sponsor’s decisions about the Company (for example, approvals of transactions or de-SPAC processes). At the same time, the filing notes no change in the Company’s public directors or officers, so there is no immediate management turnover reported. Investors should monitor future SEC filings for any related proposals, transactions, or further governance changes.