Company: APAD
Filing Date: 2025-11-28
Form Type: 425
Source: 0001213900-25-115733
Chunk: 7

Company: AParadise Acquisition Corp.
Filing Date: 2025-11-28
Form: 425
Chunk 7
---
 Agreement) or (c) the Mergers shall not have been consummated by
the May 15, 2026, unless extended by Enhanced to May 25, 2026, unless further extended by Enhanced to June 5, 2026 or (c) if certain approvals
of the shareholders of A Paradise, to the extent required under the Business Combination Agreement, are not obtained as set forth therein
or if there is a Modification in Recommendation (as defined in the Business Combination Agreement).

The foregoing description of the Business Combination Agreement does
not purport to be complete and is qualified in its entirety by the terms and conditions of the Business Combination Agreement, which is
filed as Exhibit 2.1 hereto and is incorporated by reference herein.

The foregoing summary has been included to provide
investors and security holders with information regarding the Business Combination Agreement’s terms and is qualified in its entirety
by the terms and conditions of the Business Combination Agreement. Except for its status as a contractual document that establishes and
governs the legal relations among the parties with respect to the transactions described therein, the Business Combination Agreement
is not intended to be a source of factual, business, or operational information about the parties. The representations and warranties
contained in the Business Combination Agreement were made only for purposes of the Business Combination Agreement and as of specific
dates, were solely for the benefit of the parties to the Business Combination Agreement, and may be subject to limitations agreed among
those parties, including being qualified by confidential disclosures among the parties. The covenants contained in the Business Combination
Agreement may also be qualified by confidential disclosures among the parties. Instead of establishing matters as facts, the representations
and warranties may have been made to allocate risks contractually among the parties, including where the parties do not have complete
knowledge of all facts. Furthermore, those representations and warranties may be subject to standards of materiality applicable to the
contracting parties that differ from those applicable to investors. Accordingly, investors and security holders should not rely on representations
or warranties, or any descriptions thereof as characterizations of the actual state of facts or condition of the parties.

A Paradise Holders Support Agreement

In connection with the execution of the Business Combination Agreement,
A Paradise entered into an acquiror holder support agreement (the “A Paradise Holders Support Agreement”), dated as of November
26, 2025, between A Paradise, Enhanced and A SPAC (IV) (Holdings) Corp. (the “Major