Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 337

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 337
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votingmember of our sponsor (which include non -votingsponsor investors) regardless of their ownership. As a result of this management structure, non -votingsponsor investors will have no right to control the sponsor, or participate in any decision regarding the disposal of any security held by the sponsor, or otherwise. Further, the non -votingsponsor investors are not required to (i) hold any units, Class A ordinary shares or public rights they may purchase in this offering or thereafter for any amount of time, (ii) vote any Class A ordinary shares they may own at the applicable time in favor of our initial business combination or (iii) refrain from exercising their right to redeem their public shares at the time of our initial business combination. The non -votingsponsor investors will have the same rights to the funds held in the trust account with respect to the Class A ordinary shares underlying the units they may purchase in this offering as the rights afforded to our other public shareholders. However, if the non -votingsponsor investors purchase all of the units for which they have expressed to us an interest in purchasing or otherwise hold a substantial number of our units, then the non -votingsponsor investors will potentially have different interests than our other public shareholders in approving our initial business combination and otherwise exercising their rights as public shareholders because of their indirect ownership of founder shares as further discussed in this prospectus. 201 There can be no assurance that the non -votingsponsor investors will acquire any units, either directly or indirectly, in this offering, or as to the amount of the units these investors will retain, if any, prior to or upon the consummation of our initial business combination. Because these expressions of interest are not binding agreements or commitments to purchase, non -votingsponsor investors may determine to purchase fewer or no units in this offering, or none at all. Depending on how many units are purchased by the non -votingsponsor investors, the post -offeringtrading volume, volatility and liquidity of our securities may be reduced relative to what they would have been had the units been more widely offered and sold to other public investors. In addition, the underwriters have full discretion to allocate the units to investors and may determine to sell fewer units to the non -votingsponsor investors, or none at all, and the purchase of the non -votingsponsor shares is not contingent upon the participation in this offering or vice -versa. The underwriter will receive the same