Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 4

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 4
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 units by non -votingsponsors investors is not conditioned upon their purchase of units in the offering, or vice versa. Each private placement unit consists of one Class A ordinary share and one right to receive of one -eighth(1/8) of one Class A ordinary share upon the completion of our initial business

combination. Such rights will also be worthless if we do not complete a business combination. [•] institutional investors (none of which are affiliated with any member of our management, our sponsor or any other investor), which we refer to as the “non -votingsponsor investors” throughout this prospectus, have expressed an interest to indirectly purchase, through the purchase of non -votinginterests in the sponsor, an aggregate of 600,000 private placement units at a price of $10.00 per unit ($6,000,000 in the aggregate) in a private placement that will close simultaneously with the closing of this offering. Subject to each non -votingsponsor investor purchasing, through the sponsor, the private placement units allocated to it in connection with the closing of this offering, the sponsor will issue non -votingshares at a nominal purchase price to the non -votingsponsor investors reflecting interests in an aggregate of 7,666,667 founder shares held by the sponsor. The private placement units are identical to the units sold in this offering except that, (i) we may not redeem the ordinary shares underlying the units, and (ii) they (including the Class A ordinary shares issuable upon conversion of the private placement rights) may not, subject to certain limited exceptions, be transferred, assigned or sold by our sponsor until the completion of our initial business combination, and are entitled to registration rights. See “Principal Shareholders — Transfer Restrictions on Founder Shares and Private Placement Units,” “The Offering — Transfer restrictions on private placement units” and “Principal Shareholders — Registration Rights” for additional information regarding differences between the private placement units and the units sold in this offering. The private placement units will be sold in a private placement that will close simultaneously with the closing of this offering, including the over -allotmentoption, as applicable. We refer to these units throughout this prospectus as private placement units. The non -votingsponsor investors have expressed to us an interest in purchasing up to a maximum of an aggregate of approximately [•] million of the units in this offering at the offering price (assuming the exercise in full of the underwriters’ over -allot