Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 5

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 5
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mentoption), or up to a maximum of [•]% of this offering. None of the non -votingsponsor investors has expressed to us an interest in purchasing more than 9.9% of the units to be sold in this offering. 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 the non -votingsponsor 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 a fewer number of 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. We do not expect any purchase of units by the non -votingsponsor investors to negatively impact our ability to meet Nasdaq listing eligibility requirements. In addition, the underwriters have full discretion to allocate the units to investors and may determine to sell a fewer number of units to the non -votingsponsor investors, or none at all, and the purchase of the non -votinginterests is not contingent upon the participation in this offering or vice -versa. The underwriters will receive the same upfront discounts and commissions and deferred underwriting commissions on units purchased by the non -votingsponsor investors, if any, as it will on the other units sold to the public in this offering. In addition, none of the non -votingsponsor investors has any obligation to vote any of their public shares in favor of our initial business combination. Nevertheless, the non -votingsponsor investors will be incentivized to vote any of their public shares in favor of a business combination due to their indirect ownership through the sponsor of [•] founder shares and [•] private placement units. For a discussion of certain additional arrangements with the non -votingsponsor investors, see “Summary — The Offering — Expressions of Interest.” Prior to this offering, our sponsor purchased an aggregate of 7,666,667 Class B ordinary shares for an aggregate of $25,000, up to 1,000,000 of which will be surrendered to us for no consideration after the