Company: AAM-UN
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001213900-25-042038
Chunk: 20

Company: AA Mission Acquisition Corp.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part II, Item 8
Chunk 20
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 the related party was $514,874.

Administrative Services Agreement

The Company entered into an agreement, commencing
on the effective date of the IPO through the earlier of the Company’s consummation of a Business Combination and its liquidation,
to pay an affiliate of the Sponsor a total of up to $10,000 per month for office space and administrative and support services. During
the three months ended March 31, 2025, Company incurred an administration fee of $30,000 of which $10,000 were recorded under accrued
expenses as unpaid as of March 31, 2025. No administration fee was booked during the period from February 9, 2024 (inception) through
March 31, 2024.

Working Capital Loans

In addition, in order to finance transaction costs
in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s directors and
officers may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the
Company completes a Business Combination, the Company will repay the Working Capital Loans out of the proceeds of the Trust Account released
to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that
a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital
Loans, but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms
of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. Up to $1,500,000
of such Working Capital Loans may be convertible into private placement-equivalent Units at a price of $10.00 per Unit at the option
of the lender. Such Units would be identical to the Private Placement Units. The terms of such Working Capital Loans by our Sponsor
or its affiliates, or our officers and directors, if any, have not been determined and no written agreements exist with respect to such
loans. As of March 31, 2025, no Working Capital Loans were outstanding. 

Other Contractual Obligations

Registration Rights

Pursuant to a registration rights agreement dated
on the effectiveness of the Registration Statement on July 31, 2024, the holders of the Founder Shares, Private Placement Units (