Company: APAD
Filing Date: 2025-05-22
Form Type: S-1
Source: 0001213900-25-046705
Chunk: 220

Company: AParadise Acquisition Corp.
Filing Date: 2025-05-22
Form: S-1
Chunk 220
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 completion of this offering out of the $850,000 of offering proceeds that has been allocated for the payment of offering expenses other than underwriting commissions. In the event that offering expenses are less than set forth in this table, any such amounts will be used for post -closingworking capital expenses. (3) The underwriters will receive 2.0% of the gross proceeds of this offering, payable at the closing of this offering ($4,000,000 or up to $4,600,000 if the over -allotmentoption is exercised in full). Of the 600,000 private placement units (or 660,000 private placement units if the underwriters’ over -allotmentoption is exercised), the underwriters have agreed to purchase 200,000 private placement units (or 230,000 private placement units if the underwriters’ over -allotmentoption is exercised) from the proceeds of the underwriting commissions payable at the closing of this offering. In addition, the underwriters will agree to defer underwriting commissions equal to up to 4.0% of the gross proceeds of this offering, payable to the underwriters upon consummation of our initial business combination. Upon the consummation of our

128 initial business combination, up to 4.0% of the gross proceeds of this offering would be paid as deferred underwriting commissions to the underwriters from the trust account, which amount will be reduced based on the percentage of total funds released from the trust account to pay redeeming public shareholders. Accordingly, assuming no redemptions, $8,000,000 (or $9,200,000 if the underwriters’ over -allotmentoption is exercised in full) would be paid as deferred underwriting commissions to the underwriters from the funds held in the trust account. However, assuming 50% of our public shares were redeemed by our public shareholders, $4,000,000 (or $4,600,000 if the underwriters’ over -allotmentoption is exercised in full) would be paid as deferred underwriting commissions to the underwriters from the remaining funds held in the trust account. The balance of any funds in the trust account would be released to us, which can be used to pay all or a portion of the purchase price of the business or businesses with which our initial business combination occurs or for general corporate purposes, including payment of principal or interest on indebtedness incurred in connection with our initial business combination, to fund the purchases of other