---
title: "BEST SPAC I Acquisition - Unit | 10-Q: FY2025 Q3 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265590651.md"
datetime: "2025-11-12T21:40:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265590651.md)
  - [en](https://longbridge.com/en/news/265590651.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265590651.md)
generator: "portal-rs"
---

# BEST SPAC I Acquisition - Unit | 10-Q: FY2025 Q3 Revenue: USD 0

Revenue: As of FY2025 Q3, the actual value is USD 0.

EBIT: As of FY2025 Q3, the actual value is USD -1.013 M.

### Segment Revenue

-   The company has not commenced any operations and therefore has not generated any operating revenue as of September 30, 2025. The company may generate non-operating income in the form of interest income from the proceeds derived from the IPO.

### Operational Metrics

-   **Net Income**: For the three months ended September 30, 2025, net income was $240,364, and for the nine months ended September 30, 2025, net income was $193,905.
-   **General and Administrative Expenses**: For the three months ended September 30, 2025, expenses were $423,606, and for the nine months ended September 30, 2025, expenses were $557,829.
-   **Interest Income**: For the three months ended September 30, 2025, interest income was $589,141, and for the nine months ended September 30, 2025, interest income was $676,905.

### Cash Flow

-   **Net Cash Used in Operating Activities**: - $514,134 for the nine months ended September 30, 2025.
-   **Net Cash Used in Investing Activity**: - $55,000,000 for the nine months ended September 30, 2025.
-   **Net Cash Provided by Financing Activities**: $56,893,226 for the nine months ended September 30, 2025.

### Unique Metrics

-   **Investments Held in Trust Account**: As of September 30, 2025, the company had $55,663,293 in investments held in the Trust Account.

### Future Outlook and Strategy

-   **Core Business Focus**: The company intends to pursue prospective targets in the consumer goods sector for its initial Business Combination. The company has entered into a merger agreement with HDEducation Group Limited, which involves a transaction valued at $300,000,000 to be paid entirely in stock.
-   **Non-Core Business**: The company has not commenced any operations and is focused on identifying a target company for a Business Combination. The company will not generate any operating revenue until after the completion of its initial Business Combination.
-   **Priority**: The company has a 12-month period from the closing of the IPO to complete the initial Business Combination, with the possibility of extending this period up to 18 months.

### Related Stocks

- [BSAAU.US](https://longbridge.com/en/quote/BSAAU.US.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**