---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-072457"
form_type: "8-K/A"
ticker: "APAD"
cik: "0001956439"
company_name: "Enhanced Group Inc."
filed_at: "2026-11-10T01:29:11+00:00"
generated_at: "2026-11-10T11:05:57.790371+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Enhanced Group files DEAG exchange agreements; Apeiron's 36.8% stake swaps at ~0.5735 ratio

## Summary
- Apeiron Investment Group exchanges 9,203,960 DEAG shares (36.8% of DEAG outstanding) for Enhanced Class A stock at an implied ~0.5735 exchange ratio.
- Galaxy Group Funding ECI U LLC: 2,691,817 DEAG shares for 1,543,757 Enhanced shares; Apeiron 101 Ltd: 283,479 for 162,575; B72 Ventures: 190,363 for 109,173.
- Apeiron SICAV Limited - Live Opportunities Fund is also a counterparty; exchange holders sign a form of Lock-Up Agreement.
- Closing conditioned on Enhanced stockholder approval, regulatory clearance and NYSE listing of the new Class A shares.
- Filing reflects the previously approved 1-for-10 reverse split of Enhanced Class A and Class B stock (written consent Sept 28, 2026).

## SEC filing metadata
- accession: 0001628280-26-072457
- form_type: 8-K/A
- ticker: APAD
- cik: 0001956439
- company_name: Enhanced Group Inc.
- filed_at: 2026-11-10T01:29:11+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1956439/000162828026072457/0001628280-26-072457-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1956439/000162828026072457/apadu-20261104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-072457
- JSON: https://secwatch.observer/filing/0001628280-26-072457.json
- Plain text: https://secwatch.observer/filing/0001628280-26-072457.txt

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