Company: YCY-WT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109978
Chunk: 21

Company: AA Mission Acquisition Corp. II
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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 as trustee. The funds held in the Trust Account may be invested in U.S. government securities with a maturity of 185 days
or less. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned
on the Trust Account, to complete our initial business combination. To the extent that our capital stock or debt is used, in whole or
in part, as consideration to complete our initial business combination, the remaining proceeds held in the Trust Account will be used
as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

Prior to the completion of
our initial business combination, we will have available to us $810,000 of proceeds held outside the Trust Account. We will use these
funds primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to
and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate
documents and material agreements of prospective target businesses, structure, negotiate and complete a business combination, and to pay
taxes to the extent the interest earned on the trust account is not sufficient to pay our taxes.

2

We expect our primary liquidity
requirements during that period to include approximately $300,000 for legal, accounting, due diligence, travel and other expenses in connection
with any business combinations; $100,000 for legal and accounting fees related to regulatory reporting requirements; $50,000 for NYSE
continued listing; $170,000 for director and officer liability insurance premiums; $180,000 for office space, administrative, financial
and support services; and $10,000 for other miscellaneous expenses, net of estimated interest income.

These amounts are estimates
and may differ materially from our actual expenses. If our available funds are not sufficient, we may be unable to continue searching
for, or conducting due diligence with respect to, prospective target businesses.

We do not believe we will
need to raise additional funds following the IPO in order to meet the expenditures required for operating our business. However, if our
estimates of the costs of identifying a target business, undertaking in-depth due diligence and negotiating an initial business combination
are less than the actual amount necessary to do so, we may have insufficient funds available to operate our business prior to our initial
business combination. Moreover, we may need to obtain additional financing either to complete our initial business combination or because
we become obligated to redeem a significant number of