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A Paradise III Acquisition Seeks $100 Million in IPO

A Paradise III Acquisition plans to raise $100 million in an initial public offering, selling 10 million units at $10 each. The special-purpose acquisition company will seek a business in the leisure and entertainment sector, according to its filing.

By Money Talk·November 7, 2026·2 min read·143 reads

A Paradise III Acquisition Seeks $100 Million in IPO

Each unit will consist of one share and one right. Once the company completes an acquisition, the right will entitle its holder to receive a quarter of a share.

A Paradise III is led by Claudius Tsang, who has headed several other special-purpose acquisition companies. One of his SPACs acquired Multimetaverse, a China-based animation and entertainment company. A Paradise III plans to list its shares on the New York Stock Exchange under the ticker APCD.

A Paradise III Acquisition Seeks $100 Million in IPO

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