Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 331

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 2
Chunk 331
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 Loans

In addition, in order to finance transaction costs
in connection with a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s directors and
officers may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the
Company completes a Business Combination, the Company will repay the Working Capital Loans out of the proceeds of the Trust Account released
to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that
a Business Combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital
Loans, but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms
of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. Up to $1,500,000
of such Working Capital Loans may be convertible into private placement-equivalent Units at a price of $10.00 per Unit at the option
of the lender. Such Units would be identical to the Private Placement Units. The terms of such Working Capital Loans by our Sponsor
or its affiliates, or our officers and directors, if any, have not been determined and no written agreements exist with respect to such
loans. As of December 31, 2024, no Working Capital Loans were outstanding.

NOTE
6: COMMITMENTS AND CONTINGENCIES

Risks
and Uncertainties

In February 2022, the Russian Federation and Belarus commenced
a military action with the country of Ukraine. As a result of this action, various nations, including the United States, have instituted
economic sanctions against the Russian Federation and Belarus. In October 2023, the military conflict between Israel and militant
groups led by Hamas has also caused uncertainty in the global markets. Further, the impact of this action and related sanctions on the
world economy is not determinable as of the date of the financial statement, and the specific impact on the Company’s financial
condition, results of operations, and cash flows is also not determinable as of the date of these financial statements.

Registration
Rights

Pursuant to a registration rights agreement dated
on the effectiveness of the Registration Statement on July 31, 2024, the holders of the founder shares, Private Placement Units (including
securities contained therein), and