Company: APAD
Filing Date: 2025-07-09
Form Type: S-1/A
Source: 0001213900-25-062242
Chunk: 125

Company: AParadise Acquisition Corp.
Filing Date: 2025-07-09
Form: S-1/A
Chunk 125
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 $200,000,000. As of the date of this prospectus, ASCB is in search of business combination targets. Because ASCB has not identified a target business, Mr. Tsang has a pre -existingfiduciary obligation to present potential target businesses to ASCB, and will therefore present any potential target businesses to ASCB prior to presenting them to us. In April 2021, Mr. Claudius Tsang was a member of the founding team of JVSPAC Acquisition Corp. (“JVSPAC”), a SPAC incorporated for the purposes of effecting a business combination. Mr. Tsang has served as the Chief Financial Officer since June 2021, as a director since January 2024 and as Chief Executive Officer from April 2021 to June 2021 of JVSPAC. JVSPAC completed its initial public offering in January 23, 2024, generating gross proceeds of $57,500,000. On April 8, 2024, JVSPAC announced that it had entered into an agreement and plan of merger with Hotel101 Global Pte. Ltd and its affiliates (“HOTEL101”), a hotel prop -techoperator. In the event that JVSPAC is unable to consummate the business combination with HOTEL101 and needs to identify a target business, Mr. Tsang has a pre -existingfiduciary obligation to present potential target businesses to JVSPAC, and will therefore present any potential target businesses to it prior to presenting them to us. In September 2021, Mr. Claudius Tsang was a member of the founding team of A SPAC III Acquisition Corp. (“ASPC”), a SPAC incorporated for the purposes of effecting a business combination. Mr. Tsang has served as the Chief Executive Officer since September 2021, and as Chief Financial Officer and Chairman since July 2024 of ASPC. ASPC completed its initial public offering on November 19, 2024, generating gross proceeds of $60,000,000. Because ASPC is expected to be listed before us and has not identified a target business, Mr. Tsang has a pre -existingfiduciary obligation to present potential business targets to ASPC and will therefore present any potential target businesses to it prior to presenting them to us. 74 Since our sponsor, officers and directors, any other holder of our founder shares, including any non-voting sponsor investors, may lose their entire investment in us if our initial business combination is not completed (