Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 332

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 332
---
 entities or individuals is The Sun’s Group Center, 29 thFloor, 200 Gloucester Road, Wan Chai Hong Kong. (2)Mr. Tsang has voting and dispositive power over our securities held by the sponsor. (3)Assumes conversion of Class B ordinary shares into Class A ordinary shares on a one -for-onebasis. The dilution to public shareholders would increase to the extent that the anti -dilutionprovisions of the Class B ordinary shares result in the issuance of Class A ordinary shares on a greater than one -to-onebasis upon such conversion. (4)A SPAC IV (Holdings) Corp. intends to transfer (i) an aggregate of 60,000 of its founder shares, or 20,000 each to our three independent directors and (ii) an aggregate of 25,000 of its founder shares to our advisor, at the consummation of an initial business combination. (5)Claudius Tsang is the beneficial owner of A SPAC IV (Holdings) Corp. and Claudius Tsang directs its day -to-dayoperations. Prior to this offering, A SPAC IV (Holdings) Corp., beneficially owned 7,666,667shares of the Company’s Class B ordinary shares, or founder shares, which were purchase for $25,000, of which 1,000,000 shares are subject to forfeiture in the event that the over -allotmentis not exercised. Immediate after this offering, assuming the over -allotmentoption is not exercised, A SPAC IV (Holdings) Corp. will subscribe to an aggregate of 400,000 private placement units, at a price of $10.00 per unit for an aggregate purchase price of $4,000,000 in a private placement that will close simultaneously with the closing of this Offering. Subject to each non -votingsponsor investors purchasing, through the sponsor, the private placement unit allocated to it in connection with the closing of this offering, the sponsor will issue non -votingsponsor shares at a nominal purchase price to the non -votingsponsor investors reflecting interests in an aggregate of [•] founder shares (assuming the over -allotmentoption is not exercised) held by the sponsor. (6) The non -votingsponsor investors have expressed to us an interest in purchasing (i) up to a maximum of an aggregate of approximately [•] million of the units in this offering at the offering price and