Company: AAM-UN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107616
Chunk: 16

Company: AA Mission Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 16
---
%
  
    Numerators: 

    Allocation of net loss including accretion of temporary equity 
     (496,248) 
     (136,274) 
     (20,989,441) 
     (19,033,712)
  
    Income earned on Trust Account 
     11,191,463  
     -  
     2,567,083  
     - 
  
    Accretion of temporary equity to redemption value 
     -  
     -  
     39,561,173  
     - 
  
    Allocation of net income/(loss) 
     10,695,215  
     (136,274) 
     21,138,815  
     (19,033,712)

    Denominators: 

    Weighted-average shares outstanding 
     34,500,000  
     9,474,000  
     8,157,447  
     7,397,362 
  
    Basic and diluted net income/(loss) per share 
     0.31  
     (0.01) 
     2.59  
     (2.57)

Related Parties

Parties, which can be a corporation or individual, are considered to
be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the
other party in making financial and operational decisions. Companies are also considered to be related if they are subject to common control
or common significant influence.

F-10

Fair Value of Financial Instruments

The fair value of the Company’s assets and liabilities, which
qualify as financial instruments under FASB ASC 820, “Fair Value Measurements and Disclosures,” approximates the carrying
amounts represented in the accompanying balance sheet, primarily due to their short-term nature.

The Company applies ASC 820, which establishes a framework for measuring
fair value and clarifies the definition of fair value within that framework. ASC 820 defines fair value as an exit price, which is the
price that would be received for an asset or paid to transfer a liability in the Company’s principal or most advantageous market
in an orderly transaction between market participants on the measurement date. The fair value hierarchy established in ASC 820 generally
requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value