Company: APAD
Filing Date: 2025-11-28
Form Type: 425
Source: 0001213900-25-115733
Chunk: 6

Company: AParadise Acquisition Corp.
Filing Date: 2025-11-28
Form: 425
Chunk 6
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 Enhanced and
(xix) A Paradise and Enhanced to prepare and submit a registration statement for a shelf registration Form S-1 at the election of
Enhanced.

In addition, prior to the Closing, Enhanced may enter into one or more
agreements in a form reasonably acceptable to A Paradise with third-party investors or existing investors of Enhanced, pursuant to which
Enhanced may issue to such investors (i) debt or equity securities, (ii) the right to certain capital shares of Enhanced or (iii) certain
equity interests in Enhanced.

Prior to the Closing, Enhanced may facilitate and arrange for one or
more subscription agreements to be entered into between A Paradise and one or more third-party investors pursuant to which such investors
will subscribe for A Paradise Class A Common Stock (“PIPE Subscription Agreements”), which PIPE Subscription Agreements will
be conditioned on the Closing.

Representations and Warranties

The Business Combination Agreement contains customary
representations and warranties by A Paradise, Merger Sub, and Enhanced, with respect to, among other things, (i) company organization,
(ii) due authorization, (iii) no conflict, (iv) governmental authorities or consents, (v) capitalization, (vi) financial
statements, (vii) undisclosed liabilities, (viii) litigation, (ix) material contracts, (x) Enhanced benefit plans,
(xi) taxes, (xii) insurance, (xiii) real property, (xiv) intellectual property, (xv) environmental matters, (xvi) absence
of changes, (xvii) sanctions, and (xviii) suppliers. The representations and warranties of the respective parties to the Business
Combination Agreement generally will not survive the Closing.

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Termination

The Business Combination Agreement may be terminated at any time prior
to the Closing (i) by mutual written consent of A Paradise and Enhanced, (ii) by either party in certain other circumstances set forth
in the Business Combination Agreement, including (a) if any governmental authority shall have issued or otherwise entered a final, non-appealable
order making consummation of the Mergers illegal or otherwise preventing or prohibiting consummation of the Mergers and (b) in the event
of certain uncured breaches by the other party or if the Closing has not occurred on or before the May 15, 2026 (subject to extension
of such date in accordance with the terms of the Business Combination