Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 279

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 279
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 -oneat the time of our initial business combination as a result of the anti -dilutionprovisions as set forth therein. While there are currently no circumstances or arrangements contemplated under which our sponsor, its members or affiliates, or our directors or officers could indirectly transfer ownership of securities owned by our sponsor through transfers of sponsor membership interests, such transfers are not prohibited. “See — Risk Factors — The ownership interest of our sponsor may change, and sponsor has the ability to remove itself as the Company’s sponsor or to substantially reduce its interests in the Company before identifying a business combination, which may result in change in the strategy and focus of our Company in pursuing a business combination or deprive us of key personnel and advisors.” Sourcing of Potential Business Combination Targets We believe our management team’s significant operating and transaction experience and relationships will provide us with a substantial number of potential initial business combination targets. Over the course of their careers, the members of our management team have developed a broad network of contacts and corporate relationships around the world. This network has grown through the activities of our management team sourcing, acquiring and financing businesses, the reputation of our management team for integrity and fair dealing with sellers, financing sources and target management teams and the experience of our management team in executing transactions under varying economic and financial market conditions. We believe that the network of contacts and relationships of our management team will provide us important sources of investment opportunities. In addition, we anticipate that target business combination candidates will be brought to our attention from various unaffiliated sources, including investment market participants, private equity funds and large business enterprises seeking to divest non -coreassets or divisions. We are not prohibited from pursuing an initial business combination with a company that is affiliated with our sponsor, officers or directors, non -votingsponsor investors, or completing the business combination through a joint venture or other form of shared ownership with our sponsor, officers or directors or non -votingsponsor investors. A target business affiliated with a non -votingsponsor investors would not be considered an affiliated entity. In the event we seek to complete our initial business combination with a target that is affiliated (as defined in our amended

164 and restated memorandum and articles of association) with our sponsor, officers or directors, we, or a committee of independent directors, would obtain an opinion from an independent firm that commonly venders valuation opinions, in dependent accounting firm, or independent investment banking firm that such an initial business combination is fair to our shareholders from a financial point of view. We are not required