Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 333

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 333
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 (ii) through the sponsor, an aggregate of [•] private placement units at a price of $10.00 per unit ($[•] in the aggregate); 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,

199 the sponsor will issue non -votingsponsor shares at a nominal purchase price to the non -votingsponsor investors at the closing of this offering reflecting interests in an aggregate of [•] founder shares or up to [•] Class B Ordinary Shares (assuming the exercise in full of the underwriter’s over -allotmentoption) held by 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 held by the sponsor. On November 9, 2022, we issued to our sponsor 3,737,500 Class B ordinary shares as founder shares for an aggregate purchase price of $25,000, or approximately $0.0067 per share. On October 2, 2024, our sponsor paid $25,000, or approximately $0.004 per share, in exchange for 5,750,000 founder shares, and subsequently 3,737,500 of the founder shares were repurchased by the Company for an aggregate purchase price of $25,000. On May20, 2025, our sponsor paid $25,000, or approximately $0.003 per share, in exchange for 7,666,667 founder shares (of which an aggregate of up to 1,000,000shares are subject to forfeiture if the over - allotmentoption is not exercised in full or in part by CCM), and subsequently 5,750,000 of the founder shares were repurchased by the Company for an aggregate purchase price of $25,000. Prior to the initial investment in the company of $25,000 by the sponsor, the company had no assets, tangible or intangible. The purchase price of the founder shares was determined by dividing the amount of cash contributed to the company by the number of founder shares issued. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 23,