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A Paradise Acquisition Stock Debuts On Nasdaq, Shares Flat In Initial Trade
A Paradise Acquisition Corp. (NASDAQ:PARAW) stock commenced trading on the Nasdaq Capital Market, with initial trading showing the shares flat at $10.02. The company’s IPO consists of 5 million units at $10.00 per unit, aiming to raise $50 million for future mergers and acquisitions. Each unit includes one common share, one right, and one warrant, with the rights converting to one-tenth of a common share and warrants exercisable at $11.50 per share.