Company: AAM-UN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107616
Chunk: 48

Company: AA Mission Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 48
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Item 2. Management’s Discussion and Analysis of Financial
Condition and Results of Operations.

Overview

We are a blank check company incorporated as a Cayman Islands exempted
company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar
business combination with one or more businesses. While we intend to focus our search on businesses in Asia, we are not limited to a particular
industry or geographic region for purposes of consummating an initial business combination. We have not selected any specific business
combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with
any business combination target. We intend to effectuate our initial business combination using cash from the proceeds of this offering
and the private placement of the private units, the proceeds of the sale of our securities in connection with our initial business combination,
our shares, debt or a combination of cash, stock and debt. We are a blank check company, incorporated as a Cayman Islands exempted company
for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination
with one or more businesses. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated
any substantive discussions, directly or indirectly, with any business combination target. We intend to effectuate our initial business
combination using cash from the proceeds of this offering and the sale of the private placement warrants, our shares, debt or a combination
of cash, shares and debt.

Results of Operations

We have neither engaged in any operations nor generated any
revenues to date. Since inception, our activities have primarily consisted of organizational efforts and preparations for our
Initial Public Offering (“IPO”), which was successfully completed in August 2024. Following the IPO, we have not
generated any operating revenues as we are focusing on completing of our initial business combination. After the IPO, we generated
non-operating income in the form of interest income on cash and cash equivalents. As a public company, we continue to incur
increased expenses related to legal, financial reporting, accounting and auditing compliance, as well as expenses as we conduct due
diligence on prospective business combination candidates.

For the three months ended September 30, 2025, we had a net income
of $3,612,987, which consists of loss of $163,979 derived from operating costs, offset by income