A Paradise Acquisition Corp. (APADU) Prices $200M IPO

A Paradise Acquisition Corp. (NASDAQ:APADU) announced the pricing of its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “APADU”, Wednesday, July 30, 2025.

The new SPAC plans to identify a prospective target company in the leisure and entertainment sector that it believes has an optimistic growth trajectory.

A Paradise’s management team is led by Chief Executive Officer, Chief Financial Officer and Chairman Claudius Tsang. Ashley Bancroft, Nathan Pau and Tracy Hui Yin Choi will serve on its Board of Directors.

Total SPAC deal count for 2025 year-to-date is now 75. This offering is expected to close on Thursday, July 31, 2025.

Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC  is acting as the sole book-running manager for the offering. Morrison & Foerster LLP is serving as Issuer’s Counsel with ArentFox Schiff LLP serving as Underwriter’s Counsel. WWC PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.