Company: AAM-UN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107616
Chunk: 170

Company: AA Mission Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part II, Item 8
Chunk 170
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 SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The accompanying condensed financial statements are presented in conformity
with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations
of the Securities and Exchange Commission (“SEC”).

Certain information or footnote disclosures normally included in condensed
financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC
for interim financial reporting. As such, the information included in these financial statements should be read in conjunction with the
Company’s latest audited financial statements included in its Annual Report on Form 10-K for the year ended December 31, 2024, as
filed with the SEC on March 11, 2025. In the opinion of the Company’s management, these condensed financial statements include all
adjustments, which are only of a normal and recurring nature, necessary for a fair statement of the Company’s financial position
as of September 30, 2025, and the Company’s results of operations and cash flows for the periods presented. The results of operations
included in the financial statements are not necessarily indicative of the results to be expected for the full year ending December 31,
2025.

Emerging Growth Company

The Company is an “emerging growth company,” as defined
in Section 2(a) of the Securities Act of 1933, as amended, (the “Securities Act”), as modified by the Jumpstart Our Business
Startups Act of 2012, (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements
that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required
to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding
executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory
vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.

Further, Section 102(b)(1) of the JOBS Act exempts emerging growth
companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that
have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange
Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides