Company: AAM-UN
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073653
Chunk: 8

Company: AA Mission Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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 funds held outside the trust account.

F-6

Business Combination

The Company will have
until 18 months from the closing of the IPO (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), or August 2, 2026, (the “Combination Period”).
However, if the Company has not completed a Business Combination within the Combination Period, the Company will (i) cease all
operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days
thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the
trust account, including interest (less up to $100,000 of interest to pay dissolution 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).

Going Concern Consideration

As of June 30, 2025, the
Company had cash of $864,995 and a working capital deficit of $455,189. 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