Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 446

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 446
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ings under the Working Capital Loans. F-29 A PARADISE ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS Note 6 — Commitments and Contingencies Registration Rights The holders of the Founder Shares, Private Placement Units, shares being issued to the underwriters of the Proposed Public Offering, and units that may be issued on conversion of Working Capital Loans (and in each case holders of their component securities, as applicable) will be entitled to registration rights pursuant to a registration rights agreement to be signed prior to or on the effective date of the Proposed Public Offering requiring the Company to register such securities for resale (in the case of the Founder Shares, only after conversion to the Class A ordinary shares). The holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggy -back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act. However, the registration rights agreement provides that the Company will not permit any registration statement filed under the Securities Act to become effective until termination of the applicable Lock -upperiod. Notwithstanding the above, the shares to be issued to the underwriters in the Proposed Public offering will be further subject to the limitations on registration requirements imposed by FINRA Rule 5110(g)(8). The Company will bear the expenses incurred in connection with the filing of any such registration statements. Underwriter Agreement The underwriters have a 45 -dayoption from the date of the Proposed Public Offering to purchase up to an additional 3,000,000 Units to cover over -allotments, if any. The underwriter will be entitled to an underwriting discount of $0.20 per unit, or 2%, of which 1%, or $2,000,000 in the aggregate (or $2,300,000 in the aggregate if the underwriter’s over -allotmentoption is exercised in full) will be payable in cash upon the closing of the Proposed Public Offering, and the remaining 1% will be invested in the purchase of Private Placement Units on the closing of the Proposed Public Offering. In addition, the underwriter will be entitled to a deferred fee of up to $0.40 per Unit, or 4% of the gross proceeds of the offering, or up to $8,000,000 in the