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Agreement signedPublished 26 Sep 2025

BEST SPAC I Acquisition Corp. /
HDEducation Group Limited

BEST SPAC I Acquisition Corp. agrees to combine with HDEducation Group Limited

Buy side: BEST SPAC I Acquisition Corp.
Buy sideBEST SPAC I Acquisition Corp.
Target: HDEducation Group Limited
TargetHDEducation Group Limited
BEST SPAC I Acquisition Corp. · 26 Sep 2025Source
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Buy side: BEST SPAC I Acquisition Corp.
Buy sideBEST SPAC I Acquisition Corp.
Target: HDEducation Group Limited
TargetHDEducation Group Limited
01 / BuyerBEST SPAC I Acquisition Corp.
02 / TargetHDEducation Group Limited
Source for the buyer and target: BEST SPAC I Acquisition Corp.

For the buyer and target.

“This MERGER AGREEMENT (the “ Agreement ”), dated as of September 25, 2025 (the “ Signing Date ”), by and among HDEDUCATION GROUP LIMITED, a Cayman Islands exempted company (the “ Company ”), BEST SPAC I Acquisition Corp., a British Virgin Islands business company (the “ Parent ”), High Distinction Group Limited, a Cayman Islands exempted company (the “ Purchaser ”) and BEST SPAC I Mini Sub Acquisition Corp., a Cayman Islands exempted company and wholly owned Subsidiary of the Parent (the “ Merger Sub ”).”

Published 26 Sep 2025

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01

What happened

On September 25, 2025, BEST SPAC I Acquisition Corp. entered into a merger agreement with HDEducation Group Limited and other parties. The agreement provides for aggregate consideration of $300,000,000, paid entirely in stock. [01]

The transaction includes a merger of BEST SPAC I Mini Sub Acquisition Corp. with HDEducation Group Limited. HDEducation Group Limited will continue as the surviving company in that merger. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · BEST SPAC I Acquisition Corp.

BEST SPAC I Acquisition Corp. agrees to combine with HDEducation Group Limited

This document is the source for the companies, stage and people on this page.

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03

Timeline

Every date the source states, in order, each with the words it comes from. Anything marked ahead is a target the source gives, not something that has happened.

  1. Also stated

    “BEST SPAC I Acquisition Corp. agrees to combine with HDEducation Group Limited On September 25, 2025, BEST SPAC I Acquisition Corp. entered into a merger agreement with HDEducation Group Limited and other parties”

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  2. Published by BEST SPAC I Acquisition Corp.

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