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

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 11
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 such loans, if any, have not been determined and no written agreements exist with respect to such loans.

We are not prohibited from pursuing an initial business
combination with a company that is affiliated with our sponsor, executive officers or directors, or completing the business combination
through a joint venture or other form of shared ownership with our sponsor, executive officers or directors. In the event we seek to complete
an initial business combination with a target that is affiliated with our sponsor, executive officers or directors, we, or a committee
of independent directors, would obtain an opinion from an independent investment banking firm or another independent entity that commonly
renders valuation opinions stating that such an initial business combination is fair to our company from a financial point of view and
a majority of our disinterested and independent directors approve such transaction.

Certain members of our management team (including
our independent directors) directly or indirectly own founder shares and/or private placement units following the IPO and, accordingly,
may have a conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate
our initial business combination. The low price that our sponsor and/or our executive officers and directors (directly or indirectly)
paid for the founder shares creates an incentive whereby our officers and directors could potentially make a substantial profit even if
we select an acquisition target that subsequently declines in value and is unprofitable for public shareholders. If we are unable to complete
our initial business combination within the completion window, the founder shares and private placement units may expire worthless, except
to the extent the holders thereof receive liquidating distributions from assets outside the trust account, which could create an incentive
for our sponsor and our executive officers and directors to complete any transaction, regardless of its ultimate value. Further, each
of our officers and directors may have a conflict of interest with respect to evaluating a particular business combination if the retention
or resignation of any such officers and directors was included by a target business as a condition to any agreement with respect to our
initial business combination.

6

Each of our officers and directors presently has, and any of them in
the future may have additional, fiduciary or contractual obligations to another entity pursuant to which such officer or director is or
will be required to present a business combination opportunity to such entity. Accordingly, if any of our officers or directors becomes
aware of a business combination opportunity which is suitable for an entity to which he or she has then current fiduciary or contractual
obligations, he or she will honor his or