Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 199

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1B
Chunk 199
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 with accounting and disclosure requirements of
FASB ASC 260, Earnings Per Share. The statements of operations include a presentation of income (loss) per redeemable share and income
(loss) per non-redeemable share following the two-class method of income per share. In order to determine the net income (loss) attributable
to both the redeemable shares and non-redeemable shares, the Company first considered the undistributed income (loss) allocable to both
the redeemable shares and non-redeemable shares and the undistributed income (loss) is calculated using the total net income (loss) less
any dividends paid. The Company then allocated the undistributed income (loss) ratably based on the weighted average number of shares
outstanding between the redeemable and non-redeemable shares. Any remeasurement of the accretion to redemption value of the common shares
subject to possible redemption was considered to be dividends paid to the public shareholders. As of December 31, 2024, the Company did
not have any dilutive securities and other contracts that could, potentially, be exercised or converted into ordinary shares and then
share in the earnings of the Company. As a result, diluted income (loss) per share is the same as basic income (loss) per share for the
period presented.

The
net income (loss) per share presented in the statements of operations is based on the following:

    For
    the  Period from February 9, 2024  (Inception) Through December 31, 2024 

    Net income 
    $
    5,855,202 
  
    Dividends earned on investment held
    in Trust Account 
     (6,614,173)
  
    Accretion of temporary
    equity into redemption value 
     (39,561,173)
  
    Net
    loss including accretion of common stock to redemption value 
    $(40,320,144)

    For the Period
    from  February 9, 2024 (Inception) Through December 31, 2024 

    Redeemable  
    Non-Redeemable 
  
    Particulars 
    Shares  
    Shares 
  
    Basic and diluted net income/(loss) per share: 

    Weighted-average
    shares outstanding 
     15,568,807  
     7,981,615