Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 447

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 447
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 aggregate (or $9,200,000 in the aggregate if the underwriter’s over -allotmentoption is exercised in full), payable based on the funds available in the Trust Account after redemptions of Public Shares, solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement. Note 7 — Shareholder’s Deficit Preferred Shares— The Company is authorized to issue a total of 5,000,000 preferred shares with no par value. As of December 31, 2024 and 2023, there were no shares of preferred shares issued or outstanding. Class A Ordinary Shares —The Company is authorized to issue a total of 500,000,000 Class A ordinary shares with no par value. As of December 31, 2024 and 2023, there were no shares of Class A ordinary shares issued or outstanding. Class B Ordinary Shares— The Company is authorized to issue a total of 50,000,000 Class B ordinary shares with no par value. On November 9, 2022, the Company issued 3,737,500shares of Class B ordinary share to the Sponsor. The Class B ordinary shares have been retroactively restated to reflect a share subscription and purchase agreement. On October 2, 2024, the Company issued 5,750,000 Class B ordinary shares to the Sponsor for $25,000, and immediately repurchased the 3,737,500 initial shares from the Sponsor for $25,000, resulting in 5,750,000 Founder Shares outstanding after the repurchase. On May 19, 2025, the 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 the underwriter); subsequently, 5,750,000 of the founder shares were repurchased by the Company for an aggregate purchase price of $25,000. As F-30 A PARADISE ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS Note 7 — Shareholder’s Deficit (cont.) of December 31, 2024 and 2023, there were 7,666,667 Class B ordinary shares issued and outstanding, including an aggregate of up to 1,000,000shares