Company: APAD
Filing Date: 2025-07-09
Form Type: S-1/A
Source: 0001213900-25-062242
Chunk: 371

Company: AParadise Acquisition Corp.
Filing Date: 2025-07-09
Form: S-1/A
Chunk 371
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 shares and preference shares are available for future issuances without shareholder approval and could be utilized for a variety of corporate purposes, including future offerings to raise additional capital, acquisitions and employee benefit plans. The existence of authorized but unissued and unreserved ordinary shares and preference shares could render more difficult or discourage an attempt to obtain control of us by means of a proxy contest, tender offer, merger or otherwise. Extraordinary General Meetings Our amended and restated memorandum and articles of association will provide that extraordinary general meetings may be called by a majority vote of our board of directors, by our Chief Executive Officer or by our Chairman. Classified Board of Directors Maximum and minimum number of directors can be changed by an amendment to the articles of association, with such amendment being passed by a resolution of shareholders or a resolution of directors. Directors are appointed for an indefinite term or a term fixed by the resolution of shareholders or a resolution of directors (as described under “Directors” below). After the closing of a business combination, the directors may by resolution appoint any person to be a director to fill a vacancy or as an addition to the existing directors. Where the directors appoint a person as director to fill a vacancy, the term shall not exceed the term that remained when the person who has ceased to be a director ceased to hold office. Securities Eligible for Future Sale Immediately after this offering we will have 27,266,667 (or 31,326,667 if the underwriters’ over -allotmentoption is exercised in full) ordinary shares outstanding. Of these shares, the Class A ordinary shares sold in this offering (20,000,000 Class A ordinary shares if the underwriters’ over -allotmentoption is not exercised and 23,000,000shares if the underwriters’ over -allotmentoption is exercised in full) will be freely tradable without 222 restriction or further registration under the Securities Act, except for any Class A ordinary shares purchased by one of our affiliates within the meaning of Rule 144 under the Securities Act. All of the outstanding founder shares (6,666,667 founder shares if the underwriters’ over -allotmentoption is not exercised and 7,666,667 founder shares if the underwriters’ over -allotmentoption is exercised in full) and all of the outstanding private placement units (including their component securities; 600,000 private placement units or 660,000 private placement units if the underwriters’ over -allotmentoption is exercised) will be restricted securities