SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Baystar Holding Group Ltd

(Last)(First)(Middle)
C/O PEACE ACQUISITION CORP
205 WEST 37TH STREET

(Street)
NEW YORK NEW YORK 10018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
05/21/2026
3. Issuer Name and Ticker or Trading Symbol
Peace Acquisition Corp. [ PECE ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares1,743,500(1)IBy Baystar Holding Group Limited(2)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Rights (3) (3)Ordinary Shares40,500(3)IBy Baystar Holding Group Limited(2)
Warrants (4) (5)Ordinary Shares202,500(6)$11.5IBy Baystar Holding Group Limited(2)
1. Name and Address of Reporting Person*
Baystar Holding Group Ltd

(Last)(First)(Middle)
C/O PEACE ACQUISITION CORP
205 WEST 37TH STREET

(Street)
NEW YORK NEW YORK 10018

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Zheng Fangping

(Last)(First)(Middle)
205 WEST 37TH STREET

(Street)
NEW YORK NEW YORK 10018

(City)(State)(Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
CEO
Explanation of Responses:
1. Includes (i) 202,500 shares contained within units that Baystar Holding Group Limited has irrevocably agreed to purchase at the closing of the Issuer's initial public offering (the "IPO") and (ii) 201,000 shares subject to forfeiture in the event the underwriters of the IPO do not exercise their overallotment option. Does not include an additional 17,357 shares contained within units that Baystar Holding Group Limited has irrevocably agreed to purchase in connection with the IPO if and only if the underwriters of the IPO fully exercise their over-allotment option.
2. Fangping Zheng is the sole director and shareholder of Baystar Holding Group Limited
3. Represents 202,500 rights contained within units that Baystar Holding Group Limited has irrevocably agreed to purchase at the closing of the IPO. Does not include an additional 17,357 rights contained within units that Baystar Holding Group Limited has irrevocably agreed to purchase in connection with the IPO if and only if the underwriters of the IPO fully exercise their over-allotment option. Each right will convert automatically into 1/5 of one ordinary share at the closing of an initial business combination by the Issuer. The rights do not have an expiration date.
4. Each warrant will become exercisable at the later of 12 months from the closing of the IPO and 30 days after the completion of the Issuer's initial business combination.
5. Each warrant will expire five years after the completion of the Issuer's initial business combination or earlier upon redemption or the Issuer's liquidation.
6. Does not include up to an additional 17,357 ordinary shares underlying warrants contained within units that the reporting person has irrevocably agreed to purchase in connection with the IPO if and only if the underwriters of the IPO fully exercise their over-allotment option.
/s/ Fangping Zheng05/21/2026
/s/ Baystar Holding Group Limited by Fangping Zheng05/21/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)