Overview
- A Paradise Acquisition Corp will merge with Enhanced in a deal that values the sports and performance-medicine company at $1.2 billion.
- The transaction is expected to close in the first half of 2026 subject to an A Paradise shareholder vote and other customary conditions.
- Upon completion, the combined company plans to list on Nasdaq as Enhanced Group Inc. under the ticker ENHA.
- Enhanced says proceeds of up to $200 million, assuming no SPAC redemptions, would fund athlete recruitment and pay, event production, medical support, product development and general purposes.
- The inaugural Enhanced Games are scheduled for May 24, 2026 at Resorts World Las Vegas as the anchor for a broader events, media and telehealth business.