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A Paradise Acquisition Q1 net income swings to $1.42 million

PUBT·05/04/2026 20:41:25
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A Paradise Acquisition Q1 net income swings to $1.42 million
  • A Paradise Acquisition Corp. posted net income of USD 1.42 million for the three months ended March 31, 2026, swinging from a net loss of USD 34,600 a year earlier.
  • Total interest income rose to USD 1.79 million, while general and administrative expenses climbed to USD 374,239.
  • Cash totaled USD 428,394, with a working capital deficit of USD 4,227.
  • Business combination process advanced with an S-4 declared effective April 10, 2026, setting a May 1, 2026 special meeting to vote on the deal with Enhanced.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. A Paradise Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-051634), on May 04, 2026, and is solely responsible for the information contained therein.