ASPAC IV (Holdings) Corp. - 07 May 2026 Form 4 Insider Report for Enhanced Group Inc. (APAD)

Reporting relationship: 10%+ Owner
Issuer ticker: APAD
Reported as of: 07 May 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 May 2026, 21:54:41 UTC
Prior SEC filing: 31 Jul 2025
Source filing: View source filing
Reporting owner signature: /s/ Claudius Tsang, as authorized signatory

Key filing fact

ASPAC IV (Holdings) Corp. filed Form 4 for Enhanced Group Inc. (APAD) on 13 May 2026.

Key facts

This page summarizes ASPAC IV (Holdings) Corp.'s Form 4 filing for Enhanced Group Inc. (APAD).
4 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 13 May 2026, 21:54.

Change

Previous filing in this sequence was filed on 31 Jul 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002074412 Primary reporting owner

ASPAC IV (Holdings) Corp.

Relationship: 10%+ Owner
Address: 169 MADISON AVE, SUITE 15101, NEW YORK
Signature: /s/ Claudius Tsang, as authorized signatory
Signature date: 13 May 2026

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APAD transaction

Class A common stock

Conversion of derivative security

Transaction value
Shares: +7,116,667
Change %
Price
Shares after: 7,116,667
Date: 07 May 2026
Ownership: Direct
Footnotes: F1, F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

APAD transaction Derivative

Class B ordinary shares

Conversion of derivative security

Transaction value
Shares: -6,666,667
Change %: -100%
Price
Shares after: 0
Date: 07 May 2026
Ownership: Direct
Underlying class: Class A common stock
Underlying amount: 6,666,667
Exercise price
Footnotes: F1, F2

APAD transaction Derivative

Private Placement Units

Conversion of derivative security

Transaction value
Shares: -400,000
Change %: -100%
Price
Shares after: 0
Date: 07 May 2026
Ownership: Direct
Underlying class: Class A common stock
Underlying amount: 400,000
Exercise price
Footnotes: F1, F2

APAD transaction Derivative

Private Placement Rights

Conversion of derivative security

Transaction value
Shares: -50,000
Change %: -100%
Price
Shares after: 0
Date: 07 May 2026
Ownership: Direct
Underlying class: Class A common stock
Underlying amount: 50,000
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

ASPAC IV (Holdings) Corp. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Consists of securities acquired in connection with the transactions consummated on May 7, 2026, pursuant to that certain Agreement and Plan of Merger, dated November 26, 202, by and among A Paradise Acquisition Corp. ("A Paradise"), A Paradise Merger Sub I Inc. ("Merger Sub"), and Enhanced Ltd. ("Enhanced"), pursuant to which (i) Merger Sub merged with and into Enhanced, the separate corporate existence of Merger Sub ceased and Enhanced was the surviving corporation and a wholly owned subsidiary of A Paradise, (ii) Enhanced merged with and into A Paradise, the separate corporate existence of Enhanced ceased and A Paradise was the surviving corporation, and (iii) A Paradise changed its name to Enhanced Group Inc. (the "Issuer"). The merger did not alter the proportionate interest of security holders.

Footnote F2

Includes 7,116,667 shares of Class A common stock of the Issuer consisting of such converted from (i) 6,666,667 A Paradise Class A ordinary shares from the A Paradise Class B ordinary shares on a one-to-one basis, (ii) 400,000 A Paradise Class A ordinary shares underlying the Private Placement Units, and (iii) 50,000 A Paradise Class A ordinary shares issuable upon conversion of the private placement rights underlying the Private Placement Units.

Footnote F3

The reported shares of the Issuer are directly held by A SPAC IV (Holdings) Corp. (the "Sponsor"). Claudius Tsang is the sole director of the Sponsor and has voting and investment discretion with respect to the securities held of record by the Sponsor.