Company: AAM-UN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107616
Chunk: 190

Company: AA Mission Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part II, Item 8
Chunk 190
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 Placement Unit in a private placement to the Sponsor, generating gross proceeds of $7,590,000 to the
Company. On September 4, 2024, with the closing of the full exercise of the over-allotment option, we completed the private sale of an
aggregate of additional 90,000 Private Placement Units, at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds
of $900,000.

Promissory Note - Related Party

The Sponsor issued an unsecured promissory note to the Company (the
“Promissory Note”), pursuant to which the Company may borrow up to an aggregate principal amount of $300,000. The Promissory
Note is non-interest bearing and payable on the earlier of (i) December 31, 2024, or (ii) the consummation of the IPO. Since the note
has expired as of December 31, 2024, there were no amounts outstanding under the Promissory Note as of September 30, 2025.

Due to Related Party

The Sponsor paid certain formation, operating or deferred offering
costs on behalf of the Company. These amounts are due on demand and non-interest bearing. During the period from February 9, 2024 (inception)
to September 30, 2025, the Sponsor paid $539,874 on behalf of the Company, of which $25,000 was paid in exchange for the issuance of Founder
Shares. As of September 30, 2025, and December 31, 2024, the amount due to the related party was $514,874.

Administrative Services Agreement

The Company entered into an agreement, commencing on the effective
date of the IPO through the earlier of the Company’s consummation of a Business Combination and its liquidation, to pay an affiliate
of the Sponsor a total of up to $10,000 per month for office space and administrative and support services. During the three and nine
months ended September 30, 2025, the Company incurred an administration fee of $30,000 and $90,000, all of which was paid by September
30, 2025. An administration fee of $20,000 was booked during the period from February 9, 2024 (inception) through September 30, 2024.

Working Capital Loans

In addition, in order to finance transaction costs in connection with
a Business Combination, the Sponsor