Company: APAD
Filing Date: 2025-06-30
Form Type: S-1/A
Source: 0001213900-25-059198
Chunk: 337

Company: AParadise Acquisition Corp.
Filing Date: 2025-06-30
Form: S-1/A
Chunk 337
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 their over -allotmentoption in full) will be held in the trust account. If we do not complete our initial business combination within the completion window, the private placement units will expire worthless. The private placement units are subject to the transfer restrictions described below. A SPAC IV (Holdings) Corp., our sponsor, and our officers and directors are deemed to be our “promoters” as such term is defined under the federal securities laws. Expression of Interest The non -votingsponsor investors have expressed to us an interest in purchasing up to a maximum of an aggregate of approximately $[•] million of the units in this offering at the offering price (assuming the exercise in full of the underwriters’ over -allotmentoption), or up to a maximum of [•]% of this offering. None of the non -votingsponsor investors has expressed to us an interest in purchasing more than 9.9% of the units to be sold in this offering. Subject to each non -votingsponsor investor purchasing, through the sponsor, the private placement units allocated to it in connection with the closing of this offering, the sponsor will issue non -votingshares at a nominal purchase price to the non -votingsponsor investors reflecting interests in an aggregate of [•] founder shares held by the sponsor. The non -votingsponsor investors are not granted any shareholder or other rights in addition to those afforded to our other public shareholders, and will only be issued non -votingshares in the sponsor, with no right to control the sponsor or vote or dispose of any securities held by the sponsor, including the founder shares and the private placement units held by the sponsor. The shares held by the members of the sponsor are divided in four classes: (i) class A non -votingshares with only distribution right to the Class A ordinary shares of our company, (ii) class B non -votingshares with only distribution right to the Class B ordinary shares of our company, (iii) class C non -votingshares with only distribution right to the rights underlying the private placement units, each right entitling the holder thereof to receive one -eighth(1/8) of one Class A ordinary share of our company upon consummation of our initial business combination, and (iv) class D voting shares with, inter alia, distribution right to the founder shares. All members of the sponsor, including the managing member of our