Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 324

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 2
Chunk 324
---
173. The
dividend earned from the Trust Account totaled $6,614,173 for the period from February 9, 2024 (inception) through December 31, 2024,
which were fully reinvested into the Trust Account as earned and unrealized gain on investments and therefore presented as an adjustment
to the operating activities in the Statements of Cash Flows.

Concentration
of Credit Risk

Financial
instruments that potentially subject the Company to concentrations of credit risk consist of a cash account in a financial institution,
which, at times, may exceed the Federal Deposit Insurance Corporation coverage limit of $250,000. Any loss incurred or a lack of access
to such funds could have a significant adverse impact on the Company’s financial condition, results of operations, and cash flows.

Offering
Costs

Offering
costs consist of legal, accounting, and other costs (including underwriting discounts and commissions) incurred through the balance sheet
date that are directly related to the IPO and that were charged to shareholders’ equity upon the completion of the IPO on August
2, 2024.

Warrant
Instruments

The Company accounted for the Public and Private Warrants to be issued
in connection with the IPO and the Private Placement in accordance with the guidance contained in FASB ASC Topic 815, “Derivatives
and Hedging”. Accordingly, the Company evaluated and classified the warrant instrument under equity treatment at their assigned
value.

F-9

Net
Loss Per Ordinary Share

The Company complies 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