---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-115724"
form_type: "8-K"
ticker: "APAD"
cik: "0001956439"
company_name: "Enhanced Group Inc."
filed_at: "2025-11-28T23:59:59+00:00"
generated_at: "2026-05-16T16:17:12.478034+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# A Paradise Acquisition Corp. to merge with Enhanced Ltd.; post-merger entity renamed Enhanced Group Inc.

## Summary
- Enhanced's pre-money valuation cap set at $1.2B under SAFE financing executed immediately before signing.
- Sponsor (A SPAC IV Holdings) receives put/call options on its shares; Apeiron pays $5.5M deposit (generally non-refundable).
- Closing condition requires at least $40M in private placement proceeds to Enhanced.
- Post-closing, Apeiron-designated Class B holders will hold at least 95% voting power of surviving company.
- A Paradise shareholders will vote on domestication from BVI to Texas and business combination.

## SEC filing metadata
- accession: 0001213900-25-115724
- form_type: 8-K
- ticker: APAD
- cik: 0001956439
- company_name: Enhanced Group Inc.
- filed_at: 2025-11-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1956439/000121390025115724/0001213900-25-115724-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1956439/000121390025115724/ea0267102-8k425_aparadise.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-115724
- JSON: https://secwatch.observer/filing/0001213900-25-115724.json
- Plain text: https://secwatch.observer/filing/0001213900-25-115724.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.