SCHEDULE: Major Shareholder Discloses Significant Stake in AParadise Acquisition Corp.
Beneficial Ownership Report
A SPAC IV (Holdings) Corp. and Claudius Tsang have disclosed a 28.5% beneficial ownership stake in AParadise Acquisition Corp., totaling 8,066,667 shares.
Summary
- A SPAC IV (Holdings) Corp. and Claudius Tsang are the reporting persons for this beneficial ownership filing.
- The filing pertains to AParadise Acquisition Corp.'s Class A Ordinary Shares, no par value.
- The reporting persons beneficially own an aggregate of 8,066,667 shares, which includes both Class B Ordinary Shares and private placement units.
- This ownership represents 28.5% of the total Class A and Class B Ordinary Shares outstanding.
- The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares on a one-for-one basis upon the Issuer's initial business combination, or earlier at the holder's option, subject to adjustments.
- Claudius Tsang is the sole director of A SPAC IV (Holdings) Corp. and holds sole voting and investment discretion over the reported securities.
- The percentage of ownership is calculated based on 20,600,000 Class A Ordinary Shares (including those underlying units) and 7,666,667 Class B Ordinary Shares issued and outstanding as of July 31, 2025.
Sentiment
Score: 5
Explanation: The filing is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment regarding the company's performance or prospects, beyond the implied confidence of a significant stake.
Positives
- A SPAC IV (Holdings) Corp. and Claudius Tsang have disclosed a substantial beneficial ownership of 28.5% in AParadise Acquisition Corp., indicating a significant commitment and confidence in the company.
- Claudius Tsang, as the sole director of A SPAC IV (Holdings) Corp., maintains full voting and investment discretion over the reported shares, providing clear control over this large block.
Future Outlook
The Class B Ordinary Shares held by the reporting persons are expected to automatically convert into Class A Ordinary Shares on a one-for-one basis upon the completion of the Issuer's initial business combination, or earlier at the holder's option.
Industry Context
This filing is a standard beneficial ownership disclosure for a Special Purpose Acquisition Company (SPAC), indicating a significant foundational investor. SPACs are formed to raise capital via an initial public offering (IPO) with the purpose of acquiring an existing company, which then becomes publicly traded.
Related Party Transactions
- Claudius Tsang, an individual reporting person, is the sole director of A SPAC IV (Holdings) Corp., the other reporting person, and has voting and investment discretion over the securities held by A SPAC IV (Holdings) Corp.
Stakeholder Impact
- Shareholders are provided with transparency regarding significant beneficial ownership stakes, which can influence perceptions of control and stability within the company.
Next Steps
- The automatic conversion of Class B Ordinary Shares into Class A Ordinary Shares is expected to occur at the time of the Issuer's initial business combination.
Key Dates
| Date | Description |
|---|---|
| 07/31/2025 | Date of event which requires the filing of this statement and the date of the Joint Filing Agreement. |
Keywords
SPAC, beneficial ownership, Schedule 13G, AParadise Acquisition Corp., A SPAC IV (Holdings) Corp., Claudius Tsang, Class A Ordinary Shares, Class B Ordinary Shares, private placement units
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