Company: YCY-WT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109978
Chunk: 76

Company: AA Mission Acquisition Corp. II
Filing Date: 2025-11-13
Form: 10-Q
Chunk 76
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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 our public shares upon completion of our initial business combination, in which
case we may issue additional securities or incur debt in connection with such business combination.

Going Concern Consideration

In connection with the Company’s
assessment of going concern considerations in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards
Codification (“ASC”) 205-40, “Presentation of Financial Statements — Going Concern,” we have
determined that mandatory liquidation, should we not complete a business combination and an extension of our deadline to do so not be
approved by the shareholders of the Company, and potential subsequent dissolution and the liquidity issue raise substantial doubt about
the Company’s ability to continue as a going concern if it does not complete a business combination.

As of September 30, 2025,
the Company had no cash and a working capital deficit of $728,499. As of October 9, 2025 (after consummation of the IPO including the
exercise of the over-allotment option), the Company had $1,062,207 in its operating bank account and a working capital surplus of $826,901.
The Company has incurred and expects to continue to incur significant costs as a publicly traded company,