Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 23

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 23
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000,000 in the aggregate (or up to $9,200,000 if the over -allotmentoption is exercised in full), payable to CCM only upon the completion of an initial business combination. The deferred underwriting discounts and commissions will be payable to CCM upon the closing of our initial business combination as follows: up to $0.40 per unit sold in this offering shall be paid to CCM in cash, based on the funds remaining in the trust account after giving effect to public shares that are redeemed in connection with our initial business combination. Of the proceeds we receive from this offering and the sale of the private placement units described in this prospectus, $200.0 million, or $230.0 million if the underwriters’ overallotment option is exercised in full ($10.00 per unit in either case), will be placed into a U.S. -basedtrust account with Efficiency acting as trustee. The following table illustrates the difference between the public offering price per unit and our net tangible book value per share (NTBV), as adjusted to give effect to this offering and assuming the redemption of our public shares at varying levels and the exercise in full and no exercise of the over -allotmentoption. See section entitled “Dilution” for more information.

| As of March 31, 2025 |                                                 |     |                |      |     |            |      |     |                |      |     |            |      |     |                |      |     |            |      |     |                 |      |     |            |      |
|:---------------------|------------------------------------------------:|:----|:---------------|-----:|:----|:-----------|-----:|:----|:---------------|-----:|:----|:-----------|-----:|:----|:---------------|-----:|:----|:-----------|-----:|:----|:----------------|-----:|:----|:-----------|-----:|
| Offering             
 Price of             
 $8.89 per            
 Unit                 
 (adjusted to         
 exclude the          
 value of the         
 rights)              |                                                 |     | 25% of Maximum 
 Redemption     |      |     |            |      |     | 50% of Maximum 
 Redemption     |      |     |            |      |     | 75% of Maximum 
 Redemption     |      |     |            |      |     | 100% of Maximum 
 Redemption      |      |     |            |      |
| NT