Company: APAD
Filing Date: 2025-07-09
Form Type: S-1/A
Source: 0001213900-25-062242
Chunk: 449

Company: AParadise Acquisition Corp.
Filing Date: 2025-07-09
Form: S-1/A
Chunk 449
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 Sponsor has committed to purchase an aggregate of 400,000 Private Placement Units (or 430,000 Private Placement Units if the over -allotmentoption is exercised in full) at a price of $10.00 per Private Placement Unit for an aggregate purchase price of $4,000,000 (or $4,300,000 if the over -allotmentoption is exercised in full), and CCM has agreed to purchase an aggregate of 200,000 Private Placement Units (or 230,000 Private Placement Units if the underwriters’ over -allotmentoption is exercised in full) at a price of $10.00 per Private Placement Unit, or $2,000,000 in the aggregate (or $2,300,000 in the aggregate if the underwriters’ over -allotmentoption is exercised in full), in a private placement that will occur simultaneously with the closing of the Proposed Public Offering. Each Private Placement Unit will consist of one ordinary share (“Private Share”) and one -eighth(1/8) of one right (“Private Right”). Each Private Right will convert into one ordinary share upon the consummation of a Business Combination. The proceeds from the Private Placement Units will be added to the proceeds from the Proposed Public Offering to be held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Private Placement Units will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law), and the Private Placement Units and all underlying securities will expire worthless. Private Placement Units and all underlying securities will not be transferable, assignable, or salable until the completion of a Business Combination, subject to certain exceptions. F-28 A PARADISE ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS Note 5 — Related Party Transactions Founder Shares On November 9, 2022, the Sponsor acquired 3,737,500 Class B ordinary share (“Founder Shares”) for an aggregate purchase price of $25,000. Founder Shares have been retroactively restated to reflect a share subscription and purchase agreement. On October 2, 2024, the Company issued 5,750,000 Founder Shares to the Sponsor for $25,000, and immediately repurchased the 3,737,500 initial shares from the Sponsor for$25,000, resulting in 5,750,000 Founder Shares outstanding after the repurchase. In May 2025