APAD to merge with Enhanced Ltd, list on NYSE as ENHA
AParadise Acquisition Corp. (APAD) announced its intention to voluntarily delist from Nasdaq, conditional upon the consummation of its proposed business combination with Enhanced Ltd. The combined entity, Enhanced Group Inc., is expected to begin trading its Class A common stock on the New York Stock Exchange (NYSE) under the symbol "ENHA" on or about May 8, 2026. The last day of trading for APAD securities on Nasdaq is anticipated to be May 7, 2026. Shareholders have until April 29, 2026, to redeem shares and will vote on the merger on May 1, 2026, with the Board unanimously recommending approval. Post-merger, Enhanced Group Inc. plans to host the inaugural Enhanced Games on May 24, 2026, and has launched its Live Enhanced direct-to-consumer platform.
Key Highlights
- APAD to merge with Enhanced Ltd, forming Enhanced Group Inc.
- APAD units, Class A ordinary shares, and rights to delist from Nasdaq on or about May 7, 2026.
- Enhanced Group Inc. Class A common stock to begin trading on NYSE as "ENHA" on or about May 8, 2026.
- Shareholders have until April 29, 2026, to redeem Class A ordinary shares.
- Shareholders to vote on the proposed merger on May 1, 2026.
- A Paradise's Board of Directors unanimously recommends voting "FOR" all proposals.
- Enhanced Group Inc. to host inaugural Enhanced Games on May 24, 2026, with $25 million athlete compensation.
- Live Enhanced direct-to-consumer performance medicine platform has launched.