Enhanced Ltd announces a definitive business combination with A Paradise Acquisition Corp.
This move will bring Enhanced's global sports business to the public markets.
The business combination values Enhanced at an enterprise value of $1.2 billion.
Ticker Symbol
ENHA on the Nasdaq Stock Exchange.
Capital Raise
Expected to provide up to $200 million in gross cash proceeds.
Enhanced Games
Inaugural event to take place in Las Vegas on May 24, 2026.
Equity Private Placement
Received $40 million equity private placement round.
Revenue Model
Diversified model focusing on sports entertainment, performance enhancement, and longevity products.
- Enhanced to become Enhanced Group Inc. and trade under ticker symbol ENHA on Nasdaq upon regulatory approval.
- Business combination values Enhanced at $1.2 billion enterprise value with potential gross cash proceeds of up to $200 million.
- Enhanced Games set to attract world-class athletes and provide a new standard in competitive sports.
Enhanced Ltd's move to go public through a business combination signals a significant milestone in its growth strategy, paving the way for expansion across live events, media production, and direct-to-consumer offerings. The company's focus on safety, innovation, and performance enhancement positions it uniquely in the sports industry landscape.