AParadise Acquisition Corp.

Merged
CIK: 1956439•Ticker: APAD•Merged Ticker: ENHA
Successfully merged with Enhanced Ltd • Now trading as ENHA

SPAC Overview

$200M
IPO Size
$1.8M
Trust (as of 2026-03-31)
Completed
Current Status
2025
IPO Year

Timeline Progress

About

A Paradise Acquisition Corp. is a blank-check company seeking to complete an initial business combination. It intends initially to pursue targets in the leisure and entertainment sectors, but may pursue businesses in any industry and has no geographic restriction.

Investment Focus

Leisure, Entertainment

Geographic Focus

North America, Europe, Asia

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Sponsors

Extended Team Information

Led by CEO, CFO and Chairman Claudius Tsang, with independent directors Ashley Bancroft, Nathan Pau and Tracy Hui Yin Choi, and advisor Kester Ng. The team describes experience in public and private companies, sourcing and evaluating investments, deal negotiation, corporate finance, operations and management; Tsang has prior SPAC and capital-markets experience.

Stock Performance

ENHA
Trading Symbol
First Trade
May 8, 2026
$7.89
Current Price
October 1, 2026
$1.42
-82%

Key Information

IPO Date
July 30, 2025
Total Redemptions
$202M
PIPE
$40M
State of Incorporation
TX
SIC
6770
Completion Date
May 6, 2026
Merger Target
Enhanced Ltd
SPAC Ticker
APAD
Merged Ticker
ENHA