Company: YCY-WT
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104669
Chunk: 26

Company: AA Mission Acquisition Corp. II
Filing Date: 2025-10-31
Form: 10-Q
Chunk 26
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 375,000 shares subject to forfeiture by the Sponsor to
the extent that the underwriters’ over-allotment is not exercised in full or in part, so that the Sponsor will collectively own,
on an as-converted basis, 20% of the Company’s issued and outstanding shares after the IPO. As of June 30, 2025, there were 2,875,000
Founder Shares issued and outstanding, of which up to 375,000 Founder Shares were subject to forfeiture if the underwriters’ over-allotment
option was not exercised. On October 9, 2025, the underwriters fully exercised the over-allotment and therefore, 375,000 Class B ordinary
shares were not forfeited.

Private Placement

On October 2, 2025, the Company
consummated the Private Placement of 334,000 Private Placement Units to the Sponsor at a price of $10.00 per Private Placement Unit, generating
gross proceeds of $3,340,000. On October 9, 2025, the Company consummated the Private Placement of an additional 26,250 Private Placement
Units to the Sponsor at $10.00 per Private Placement Unit, generating gross proceeds of $262,500

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Administrative Services Agreement

Commencing on October 1, 2025,
the Company entered into an agreement to pay the Sponsor a total of up to $10,000 per month for office space and administrative and support
services. Upon completion of a business combination or its liquidation, the Company will cease paying these monthly fees.

Promissory Note

On June 10, 2025, the Sponsor
issued an unsecured promissory note to the Company (the “Promissory Note”), pursuant to which the Company may borrow up to
an aggregate principal amount of $300,000. The Promissory Note is non-interest bearing and payable on the earlier of (i) December 31,
2025, or (ii) the closing of the IPO. As of June 30, 2025, there were no amounts outstanding under the Promissory Note.

Due to Related Party

The Sponsor pays certain costs
on behalf of the Company, with such amounts reflected as due to related party. These amounts are due on demand and non-interest bearing.
During the period from May 20, 2025 (inception) through June 30, 2025, the