Company: APAD
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-108829
Chunk: 7

Company: AParadise Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 7
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: 

 Purchase of investments held in trust account   (200,000,000)   —  
 Net cash used in investing activities   (200,000,000)   —  

Cash flows from financing activities: 

 Proceeds from sale of public units   200,000,000    —  
 Proceeds from sale of private placement units   6,000,000    —  
 Proceeds from issuance of promissory note to related party   64,194    8,566  
 Payment of underwriter commissions   (4,000,000)   —  
 Payment of offering costs   (349,612)   —  
 Advance to a related party   57,922    —  
 Net cash provided by financing activities   201,772,504    8,566  

 Net Change in Cash   1,454,749    —  

 Cash, Beginning of period   —    —  
 Cash, End of period  $1,454,749   $—  

Supplemental disclosure of cash flow information: 

 Deferred underwriting fee payable  $8,000,000   $—  
 Accretion of carrying value to redemption value of Class A redeemable ordinary shares  $17,976,981   $—  
 Deferred offering costs paid by promissory note – related party  $—   $12,817  

The accompanying notes are an integral part of
the unaudited condensed financial statements.

4

A PARADISE ACQUISITION CORP.

NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1. DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS  A Paradise Acquisition Corp. (formerly A Paradigm Acquisition Corp., the “Company”) is a blank check company incorporated in the British Virgin Islands (or the “BVI”) on November 9, 2022. The Company was formed for the purpose of effecting a merger, shares exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses (the “business combination”). Although there is no restriction or limitation on what industry or geographic region the Company’s target operates in, it is the Company’s intention to pursue prospective targets that are in the