Company: APAD
Filing Date: 2025-07-09
Form Type: S-1/A
Source: 0001213900-25-062242
Chunk: 426

Company: AParadise Acquisition Corp.
Filing Date: 2025-07-09
Form: S-1/A
Chunk 426
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U 2023 -09is effective for fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company adopted ASU 2023 -09on January 1, 2025 and there was no significant impact. In November 2023, the FASB issued ASU No. 2023 -07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which requires the disclosure of additional segment information. ASU No. 2023 -07is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Company adopted this guidance on January 1, 2024 (see Note 8). The Company’s management does not believe that any other recently issued, but not yet effective, accounting standards if currently adopted would have a material effect on the accompanying unaudited condensed consolidated financial statements. Note 3 — Proposed Public Offering In the Proposed Public Offering, the Company will offer for sale up to 20,000,000 Units, (or 23,000,000 Units if the underwriters’ over -allotmentoption is exercised in full) at a purchase price of $10.00 per Unit. Each Unit consists of one Class A ordinary share with no par value and one right. Each right entitles the holder to receive one -eighth(1/8) of one Class A ordinary share upon the consummation of the Company’s initial Business Combination. The Company will not issue fractional shares upon conversion of the rights, as disclosed in Note 7. F-12 A PARADISE ACQUISITION CORP.
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS Note 4 — Private Placement The Company’s Sponsor has committed to purchase an aggregate of 400,000 Private Placement Units (or 430,000 Private Placement Units if the over -allotmentoption is exercised in full) at a price of $10.00 per Private Placement Unit for an aggregate purchase price of $4,000,000 (or $4,300,000 if the over -allotmentoption is exercised in full), and CCM has agreed to purchase an aggregate of 200,000 Private Placement Units (or 230,000 Private Placement Units if the underwriters’ over -allotmentoption is exercised in full) at a price of $10.00 per Private Placement Unit, or $2