Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 70

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 70
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 expenses (which interest shall be net of taxes payable) divided by the number of then outstanding public shares,
which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further
liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption,
subject to the approval of its remaining shareholders and its Board of Directors, liquidate and dissolve, subject in each case to its
obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no
redemption rights or liquidating distributions with respect to its public rights or private placement rights, which will expire worthless
if the Company fails to complete its initial Business Combination within the 18-month time period, and the Company may extend the period
of time to consummate a Business Combination up to two times, each by an additional three months (or up to 24 months from the closing
of the IPO if the Company extends the period of time to consummate a Business Combination by the full amount of time).

F-7

Going
Concern Consideration

As
of December 31, 2024, the Company had cash of $417,897 and a working capital of $21,271. The Company has incurred and expects to continue
to incur significant professional costs to remain as a publicly traded company and to incur significant transaction costs in pursuit
of the consummation of a Business Combination. If the Company is unable to complete a Business Combination within the Combination Period,
the Company’s board of directors would proceed to commence a voluntary liquidation and thereby a formal dissolution of the Company.
There is no assurance that the Company’s plans to consummate a Business Combination will be successful within the Combination Period.

In connection with the Company’s assessment
of going concern considerations in accordance with Financial Accounting Standard Board’s Accounting Standards Update (“ASU”)
2014-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” management has determined
that these conditions raise substantial doubt about the Company’s ability to continue as a going concern. The financial statement
does not include any adjustments that might result from the outcome of this uncertainty.

NOTE
2: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis
of Presentation

The accompanying 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