A Paradise Acquisition Corp. filings document the SPAC's completed transition into Enhanced Group Inc., including domestication from a British Virgin Islands blank-check company to a Texas corporation and the registration of Class A common stock under the ENHA symbol on the New York Stock Exchange. The record includes material-event reports covering the business combination process, shareholder voting matters, governance, capital structure, and SPAC security-structure disclosures.
APAD-related filings also document the former Nasdaq-listed units, Class A ordinary shares, and rights, including a Form 25 for voluntary withdrawal of those securities from listing and registration. Other disclosures include PFIC annual-statement materials, operating and financial results, and corporate-status records associated with the issuer's post-combination structure.
A Paradise Acquisition Corp. circulated a podcast transcript featuring Max Martin, CEO of Enhanced, the SPAC merger partner, discussing Enhanced's business model, the Enhanced Games, and product plans.
The transcript states Enhanced is pursuing a public listing via a merger with A Paradise Acquisition at a $1.3 billion valuation, will trade under ENHA post-close, and that the inaugural Enhanced Games are scheduled for May 24 in Las Vegas with a prize pool of $25 million. It also describes a clinical medical program run in Abu Dhabi, consumer OTC and prescription product plans, and planned YouTube livestream distribution.
A Paradise Acquisition Corp. published a transcript of a podcast interview with Maximilian Martin, CEO and co‑founder of The Enhanced Games, which announced a $1.3 billion combination with A Paradise Acquisition Corp. The transcript describes plans for the inaugural Enhanced Games in May, athlete recruitment, clinical supervision rules, and a consumer product strategy.
Martin explains the competition permits only clinically approved, legally prescribed substances (excluding unapproved peptides and scheduled drugs), requires athletes who opt in to resign from traditional federations, and outlines a dual revenue model: the sporting event and a consumer personalized supplements and telehealth business.
A Paradise Acquisition Corp. and Enhanced Ltd. provided a shareholder update ahead of their proposed business combination, summarizing operational progress and commercial milestones.
Enhanced launched its Live Enhanced consumer platform with higher-than-projected first-week metrics (Average Order Value $118; Subscription Rate 50%; Product Stacking 1.6x), outlined peptide launch plans tied to potential regulatory changes, confirmed athlete training activity in Abu Dhabi, and described media, distribution and partnership momentum while the De‑SPAC process continues.
A Paradise Acquisition Corp. Schedule 13G reports that Millennium Management LLC, Millennium Group Management LLC and Israel A. Englander have shared voting and dispositive power over 1,081,500 Class A Ordinary Shares, representing 5.3% of the class as of 03/04/2026.
The filing states these shares are held by entities subject to voting control and investment discretion by Millennium affiliates and/or related managers; the filers include a joint filing agreement and expressly note that this disclosure should not be construed as an admission of beneficial ownership.
A Paradise Acquisition Corp. and Enhanced Ltd. have proposed a business combination and intend to file a registration statement on Form S-4 that will include a proxy statement/prospectus to be sent to A Paradise shareholders.
The presentation describes Enhanced's consumer telehealth and performance-products business, an IRB-approved clinical research study of medically supervised performance-enhancing substances, an inaugural Enhanced Games planned for May 24, 2026 in Las Vegas, and proposed distribution and monetization plans (YouTube-first streaming; confirmed partners include Zoop and Cali Water). The materials state athlete remuneration and prize plans including an established remuneration pool described as up to $16 million (of which ~$10 million is attributed to world-record incentives per the S-4) and a separate presentation line item of total athlete prize money stated as up to $25,000,000. The parties will file additional SEC documents and investors are urged to read the registration statement and proxy statement when available.
Enhanced Ltd and A Paradise Acquisition Corp. have publicly filed a registration statement on Form S-4 with the SEC for their previously announced business combination. This is a key step toward closing the deal, subject to the registration statement becoming effective and A Paradise stockholder approval.
Upon completion, Enhanced is expected to become a publicly traded company named Enhanced Group Inc. on the NYSE under the ticker “ENHA.” The S-4 includes a proxy statement/prospectus that will be sent to A Paradise shareholders, who are urged to read it and related SEC filings. Enhanced operates an elite sports competition and performance products business and is launching the inaugural Enhanced Games on May 24, 2026 at Resorts World Las Vegas.
A Paradise Acquisition Corp. plans to issue 153,841,872 shares of Enhanced Group Class A common stock in connection with its business combination with Enhanced Ltd. This stock will be issued through a Domestication to Texas, followed by two mergers that leave A Paradise as “Enhanced Group Inc.”
The deal creates a dual‑class structure where Class A has one vote and Class B has ten votes per share. Co‑founder holders receive Class B, and Apeiron is expected to control about 96.5%–96.8% of voting power after closing, giving it effective control. Public shareholders face dilution from merger stock consideration, option and warrant rollovers, and conversion of about $40 million of SAFEs with additional SAFE warrants.
Public holders can redeem Class A shares for cash from the SPAC trust before closing, while the sponsor and insiders have agreed not to redeem and will retain meaningful stakes plus fee and option arrangements. Completion requires shareholder approvals, NYSE listing of Class A under “ENHA,” required regulatory clearances, and the $40 million private placement investment.
The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC report beneficial ownership of 1,165,645 Class A ordinary shares of APARADISE ACQUISITION CORP, representing 5.7% of the class as of 12/31/2025.
The firms report shared voting and shared dispositive power over these shares, with no sole voting or dispositive authority. They state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.
A Paradise Acquisition Corp. (APAD) is a British Virgin Islands blank-check company focused on leisure and entertainment businesses. It completed a July 31, 2025 IPO of 20,000,000 units at $10.00 each, placing $200,000,000 into a U.S. trust account invested in short‑term Treasuries or qualifying money market funds.
The sponsor and underwriter bought 600,000 private placement units, and five institutional investors indirectly purchased 130,000 additional private placement units through non‑voting sponsor interests. As of February 9, 2026, 20,600,000 Class A ordinary shares and 6,666,667 Class B ordinary shares were outstanding, with Class A trading on Nasdaq under APAD.
On November 26, 2025, the company signed a Business Combination Agreement with Enhanced Ltd., involving a domestication to Texas and renaming as Enhanced Group Inc. The deal includes dual‑class stock, Nasdaq relisting conditions, a minimum $40,000,000 private placement, SAFE conversions into equity and warrants, and extensive support, lock‑up and registration rights arrangements for sponsors, Enhanced holders and PIPE or SAFE investors. Public shareholders retain redemption rights at a price initially anticipated to be about $10.00 per share, and if no business combination closes within 24 months after the IPO, A Paradise plans to liquidate and return trust funds to public holders.
A Paradise Acquisition Corp. and Enhanced Ltd. have announced a proposed business combination that would take Enhanced public. After receiving required regulatory approvals, the combined company is expected to trade on the NASDAQ under the ticker ENHA. Enhanced’s leadership describes going public as a key step in its growth, supporting its mission to "Live Enhanced" and to define the human enhancement sports category.
Management emphasizes that becoming a public company aligns with goals of greater transparency and strong governance in sporting, medical, and financial matters. They also highlight a vision of treating athletes as partners and allowing fans to participate in Enhanced’s future through potential share ownership. The inaugural Enhanced Games are referenced as planned for May 24, 2026 in Las Vegas, positioned as a major milestone in the company’s sports platform.