Company: AAM-UN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107616
Chunk: 29

Company: AA Mission Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 result, we sold an additional 4,500,000 Units at $10.00 per Unit, generating gross proceeds
of $45,000,000. Simultaneously with the closing of the full exercise of the overallotment option, we completed the private sale of an
aggregate of 90,000 Private Placement Units, at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds of $900,000.

Transaction costs amounted to $14,634,758, consisting of $5,175,000
of cash underwriting fee, $8,625,000 of deferred underwriting fee and $834,758 of other offering costs.

Following the closing of the IPO and over-allotment option, an amount
of $346,725,000 ($10.05 per Unit) from the net proceeds of the sale of the Units in the IPO and the Private Placement was placed in a
trust account. The funds held in the Trust Account may be invested in U.S. government securities with a maturity of 185 days or less.
We intend to use substantially all of the funds held in the trust account, including any amounts representing interest earned on the trust
account, to complete our initial business combination. To the extent that our capital stock or debt is used, in whole or in part, as consideration
to complete our initial business combination, the remaining proceeds held in the trust account will be used as working capital to finance
the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

On May 22, 2025, the Company issued an unsecured, non-interest bearing
convertible promissory note to Sponsor in the principal amount of $1,000,000 to its Sponsor (the “Convertible Promissory Note”)
to fund working capital needs. The outstanding principal may be converted into private units of the Company at a conversion price of $10.00
per unit. The number of units to be issued upon conversion is determined by dividing (x) the outstanding principal by (y) $10.00. No fractional
units will be issued. If a business combination is not consummated, the note will only be repaid from funds held outside the trust account.

As of September 30, 2025, we had cash of $748,602. We will use these
funds primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to
and from the offices, plants