Enhanced Inks $1.2 Bln Merger Deal With A Paradise, Aims for Nasdaq Listing

Enhanced Ltd. has agreed to a $1.2 billion merger with A Paradise Acquisition Corp. to go public. The deal, expected to close in the first half of 2026, will provide up to $200 million in gross cash proceeds. The proceeds will be used for growth areas such as athlete recruitment and enhanced games production. Existing Enhanced shareholders will maintain around 81% ownership of the new company, Enhanced Group Inc.