Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 30

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 30
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 Economy Sectors”), with a preference for companies that promote ESG principles as well as an enterprise value of $800 million to $2 billion. ASCB initially had until August 5, 2022 or 15 months from its initial public offering to complete a business combination. On August 1, 2023, at its extraordinary general meeting of the shareholders, ASCB’s shareholders approved a proposal to amend and restate ASCB’s amended and restated memorandum and articles of association to, among other things, allow ASCB to extend the date by which it had to complete a business combination to August 5, 2024, or up to 27 months from its initial public offering. On July 23, 2024, ASCB held its extraordinary general meeting of the shareholders at which the shareholders voted on the proposal to amend and restate its amended and restated memorandum and articles of association to allow ASCB to extend the date by which it has to consummate a business combination from August 5, 2024 to August 5, 2025. As of the date of this prospectus, ASCB is in search of business combination targets and has approximately $[•] million remaining in the Trust Account. ASCB has not identified a target business, and it intends to pursue prospective targets in the New Economy sector with a preference for companies that promote ESG principles. This may present a partial overlap with our prospective target industry, which will initially be leisure and entertainment sector, as these industries may apply certain advanced technology, presenting a conflict of interest. Moreover, both ASCB and our company may consider opportunities outside of the initial focus industry, further increasing the potential for conflicts. Mr. Tsang has a pre -existingfiduciary obligation to present potential target businesses to ASCB, and will therefore present any potential target businesses to it prior to presenting them to us. Mr. Tsang also contributed to the organization of A SPAC III Acquisition Corp (Nasdaq: ASPC), which is currently seeking to effect a business combination with prospective targets. ASPC has not identified a target business, and it intends to pursue prospective targets that are in the Environmental, Sustainability and Governance (ESG) and material technology sector with an enterprise value between $100,0000,000 and $600,000,000. This presents a partial overlap with our prospective target industry, which will initially focus on the leisure and entertainment sector, as certain targets within these industries may share characteristics, objectives, or strategic alignments with targets within