Company: YCY-WT
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104669
Chunk: 27

Company: AA Mission Acquisition Corp. II
Filing Date: 2025-10-31
Form: 10-Q
Chunk 27
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 Sponsor paid certain costs totaling $156,350 on behalf of the
Company, of which $25,000 was paid in exchange for the issuance of the Founder Shares. As of June 30, 2025, the amount due to the related
party was $131,350. Subsequent to June 30, 2025, the Sponsor paid certain costs totaling $113,663 on behalf of the Company, resulting in a balance due to
related party of $245,013 as of the date these financial statements were issued.

Working Capital Loans

In addition, in order to finance
transaction costs in connection with a business combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s
directors and officers may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”).
If the Company completes a business combination, the Company will repay the Working Capital Loans out of the proceeds of the Trust Account
released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the
event that a business combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the
Working Capital Loans, but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing,
the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans.
Up to $1,500,000 of such Working Capital Loans may be convertible into private placement-equivalent units at a price of $10.00 per unit
at the option of the lender. Such units would be identical to the Private Placement Units. The terms of such Working Capital Loans by
the Sponsor or its affiliates, or the Company’s officers and directors, if any, have not been determined and no written agreements
exist with respect to such loans. As of June 30, 2025, no Working Capital Loans were outstanding.

Other Contractual Obligations

Registration Rights

The holders of (i) Founder
Shares, which were issued in a private placement prior to the closing of the IPO, (ii) Private Placement Units, which were issued in a
private placement simultaneously with the closing of the IPO and the Class A ordinary shares underlying such Private Placement Units,
and (iii) private placement-equivalent units and the Class A ordinary shares underlying such units that may be issued upon conversion
of Working Capital Loans,