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

Company: AA Mission Acquisition Corp.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part II, Item 8
Chunk 10
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 to provide all the disclosures required by the amendments in this ASU and existing segment disclosures in Topic 280.
This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December
15, 2024, with early adoption permitted.

Management does not believe that any recently issued, but not yet effective,
accounting standards, if currently adopted, would have a material effect on the Company’s condensed financial statements.

NOTE 3: INITIAL PUBLIC OFFERING

Pursuant to the IPO, the
Company sold 30,000,000 Units at a purchase price of $10.00 per Unit. Each Unit consists of one Class A ordinary share and one-half of
one redeemable warrant (“Public Warrant”). These shares will be available for redemption upon the completion of the Business
Combination, by public shareholders, at an anticipated price of $10.05 per share. Each whole warrant entitles the holder thereof to purchase
one Class A ordinary share at a price of $11.50 per share. No fractional warrants were issued upon separation of the Units and only whole
warrants are trading. The Company also granted the underwriters a 45-day option to purchase up to 4,500,000 additional units to cover
over-allotments. which was fully exercised on September 4, 2024. See Note 1 for further details.

NOTE 4: PRIVATE PLACEMENT

Simultaneously with the consummation
of the IPO and the sale of the Units, the Company consummated the sale of 759,000 units Private Placement Units. On September 4, 2024,
the underwriters exercised the over-allotment option in full and as a result, the Company consummated the sale of additional 90,000 Private
Placement Units. See Note 1 for more details.

Each Private Placement Unit
entitles the holder thereof to one Class A ordinary share and one-half of one redeemable warrant (“Private Placement Warrants”)
to purchase one Class A ordinary share at $11.50 per share. The proceeds from the sale of the Private Placement Units were added to the
net proceeds from the IPO held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period,
the proceeds from the sale of the Private Placement Units held in the Trust Account will be used to fund the redemption of the Public
Shares (subject to the requirements of applicable law).

The Private Placement Units