Company: APAD
Filing Date: 2025-11-26
Form Type: 425
Source: 0001213900-25-115209
Chunk: 4

Company: AParadise Acquisition Corp.
Filing Date: 2025-11-26
Form: 425
Chunk 4
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 model, limited operating history, and minimal revenue to date; the success
of the inaugural 2026 Enhanced Games and subsequent events; audience, sponsor and media demand for performance-enhanced competition and
related products; the availability of financing and proceeds from the private placement financing described herein; public, medical, regulatory,
and ethical scrutiny of performance-enhancement substances and telehealth practices; the evolution of applicable sports, health, and data-privacy
regulations; competition from established sports organizations and entertainment providers; insurance coverage limitations and increased
operating costs; dependence on key management and medical personnel; exposure to litigation, antitrust or regulatory actions; risks related
to market volatility, redemptions and the consummation of the business combination; Enhanced’s ability to develop and, expand its
information technology and financial infrastructure; Enhanced’s intellectual property position, including the ability to maintain
and protect intellectual property; the need to hire additional personnel and ability to attract and retain such personnel; the ability
to recruit and retain athletes, coaches and partners; its ability to obtain additional capital and establish, grow and maintain cash flow
or obtain additional and adequate financing; the effects of any future indebtedness on Enhanced’s liquidity and its ability to operate
the business; its expectations concerning relationships with third parties and partners; the impact of laws and regulations and its ability
to comply with such laws and regulations including laws and regulations relating to consumer protection, advertising, tax, data privacy,
and anti-corruption; any changes in certain rules and practices of U.S. and Non-U.S. entities, including U.S.A. Swimming, U.S.A. Track&
Field, U.S.A Weightlifting, World Anti-Doping Agency, World Aquatics, World Athletics, the International Weightlifting Federation and
other sport governing bodies; its expectations regarding the period during which Enhanced will qualify as an emerging growth company under
the JOBS Act; the increased expenses associated with being a public company; and Enhanced’s anticipated use of its existing resources
and proceeds from the transactions described herein.

There may be other risks not presently known to
us or that we presently believe are not material that could also cause actual results to differ materially. Analysis and opinions contained
in this Current Report may be based on assumptions that, if altered, can change the analysis or opinions expressed. In light of the significant
uncertainties inherent in the forward-looking statements included in this Current Report , the inclusion of such forward-looking statements
should not be regarded as a representation by us or any other person