Company: APAD
Filing Date: 2025-07-09
Form Type: S-1/A
Source: 0001213900-25-062242
Chunk: 320

Company: AParadise Acquisition Corp.
Filing Date: 2025-07-09
Form: S-1/A
Chunk 320
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orgement or restitution, civil money penalty or temporary or permanent cease -and-desist order, or removal or prohibition order, or any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or •been the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self -regulatoryorganization (as defined in Section 3(a)(26) of the Exchange Act), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member. Number, Terms of Office and Election of Officers and Directors Our board of directors consists of four members. Prior to the closing of our initial business combination, only holders of our Class B ordinary shares will be entitled to vote on the appointment and removal of directors or continuing the company in a jurisdiction outside the British Virgin Islands during such time. These provisions of our amended and restated memorandum and articles of association with class rights may not be amended without a resolution passed by holders of at least a majority of the total number of ordinary shares of that class that have voted and are entitled to vote thereon. Each of our directors will hold office for such term as determined by holders 189 of our founder shares prior to the consummation of our initial business combination. Subject to any other special rights applicable to the shareholders, any vacancies on our board of directors prior to the consummation of our initial business combination may be filled by the affirmative vote of a majority of our founder shares. Our officers are elected by the board of directors and serve at the discretion of the board of directors, rather than for specific terms of office. Our board of directors is authorized to appoint persons to the offices set forth in our amended and restated memorandum and articles of association as it deems appropriate. Our amended and restated memorandum and articles of association will provide that our officers may consist of a Chairman of the board of Directors, Chief Executive Officer, President, Chief Financial Officer, one or more Vice Presidents, Secretary, Treasurer and such other officers as may from time to time be considered necessary or expedient. Director Independence The Nasdaq listing standards require that a majority of our board of directors be independent. An “independent director” is defined generally as a person who, in the opinion of the company’s board of directors, has no material relationship with the listed company (either directly or as a partner