Enhanced-Paradise Merger Sets $10 Share Price, NYSE Debut and $25 Million Games
Details on the Enhanced Ltd and Paradise Acquisition Corp merger: $10 per share valuation, NYSE listing as ENHA on May 8 2026, and a $25 million Enhanced Games athlete pool.

A Paradise May 1 vote on Enhanced merger, ENHA May 8
TL;DR
The Enhanced Ltd and Paradise Acquisition Corp merger values the new entity at $10 per share and will list on the NYSE as ENHA on May 8 2026. The deal also launches the inaugural Enhanced Games with a $25 million athlete compensation pool on May 24 2026.
Context Paradise Acquisition Corp is a special purpose acquisition company (SPAC) that raised capital to take a private firm public. Enhanced Ltd operates a direct‑to‑consumer performance medicine platform called Live Enhanced and is expanding its peptide catalog. Shareholders of Paradise can redeem their shares until April 29 2026; those who do not redeem will vote on the merger on May 1 2026. If approved, the combined company will delist from Nasdaq on May 7 2026 and begin NYSE trading as ENHA the next day.
Key Facts - The merger values the combined company at $10 per share. - The inaugural Enhanced Games will feature a $25 million athlete compensation pool. - The merged company is expected to begin trading on the NYSE under the ticker ENHA on May 8 2026.
What It Means Investors receive a fixed valuation of $10 per share, providing clarity amid the SPAC redemption process. The NYSE listing under ENHA offers enhanced visibility and liquidity compared to the current Nasdaq trading under APAD. The $25 million Games purse signals a major marketing push that could boost brand awareness for Live Enhanced and its peptide products. Success hinges on shareholder approval, redemption levels, and the company’s ability to navigate FDA guidance on peptides, which could affect rollout timing.
Watch for the outcome of the May 1 shareholder vote and the final redemption count, as these will determine the actual size of the post‑merger float and the company’s initial market cap on the NYSE.
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