Item 8.01 Other Events. Enhanced Group Inc., a Texas corporation (the “Company”) has filed this Current Report on Form 8-K to provide the audited consolidated financial statements of Enhanced Ltd as of and for the periods ended December 31, 2025 and 2024, filed as Exhibit 99.1 and attached hereto, which have been retroactively recast, as described below.…
Filed Aug 26, 2026Accepted Aug 26, 2026, 7:37 AM EDTCIK 1956439Accession 0001628280-26-058985
A Paradise Acquisition Corp. is a blank check company sponsored by A SPAC IV (Holdings) Corp., a British Virgin Islands company, and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
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Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events.
Enhanced Group Inc., a Texas corporation (the “Company”) has filed this Current Report on Form 8-K to provide the audited consolidated financial statements of Enhanced Ltd as of and for the periods ended December 31, 2025 and 2024, filed as Exhibit 99.1 and attached hereto, which have been retroactively recast, as described below.
On May 7, 2026, the Company - then known as A Paradise Acquisition Corp., a blank check company incorporated in the British Virgin Islands (“A Paradise”) - completed its business combination with Enhanced Ltd, which survived as a wholly owned subsidiary of A Paradise. In connection with the closing, the Company domesticated in Texas, and changed its name to "Enhanced Group Inc." The Company’s Class A common stock commenced trading on the New York Stock Exchange under the symbol "ENHA" on May 8, 2026.
Although the Company is the legal acquirer, the business combination was accounted for as a reverse recapitalization under U.S. GAAP, with A Paradise treated as the "acquired" company for financial reporting purposes and Enhanced Ltd determined to be the accounting acquirer. Accordingly, the Company's historical financial statements for periods prior to the closing of the business combination are those of Enhanced Ltd, and Exhibit 99.1 presents those statements as the Company's historical financial statements.
• Share and per-share amounts. All share and per-share amounts have been retroactively adjusted for all periods presented using an exchange ratio of 7.6021255 shares of Class A common stock for each share of Enhanced Ltd's legacy common or convertible preferred stock outstanding. The adjustment affects the convertible preferred stock and stockholders' equity (deficit) sections of the consolidated balance sheets, the consolidated statements of changes in stockholders' equity (deficit), and net loss per share.
• Convertible preferred stock. Convertible preferred stock previously classified as mezzanine equity has been retroactively restated as common stock for all periods presented, reflecting its conversion into common stock of the combined company at closing.