Company: AAM-UN
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001213900-25-042038
Chunk: 15

Company: AA Mission Acquisition Corp.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part II, Item 8
Chunk 15
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 31, 2024, there were 8,625,000 Class B ordinary shares issued and outstanding. Initially, up to 1,125,000
of these shares were subject to forfeiture to the extent that the underwriters’ over-allotment option was not exercised in full
or in part ensuring that the number of Founder Shares would equal 20% of the Company’s issued and outstanding ordinary shares after
the IPO (excluding shares underlying the Private Placement Units) (See Note 4 and Note 5 for further details). However, no Class B ordinary
shares are subject to forfeiture as the over-allotment was fully exercised on September 4, 2024.

F-15

Warrants

Each Unit consisted of one
Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitled the holder thereof to purchase one Class A
ordinary share at a price of $11.50 per share. The Company will not issue fractional shares in connection with an exchange of warrants.
Fractional shares will be either rounded down to the nearest whole share or otherwise addressed in accordance with the applicable provisions
of Cayman law.

If the Company is unable
to complete the initial Business Combination within the required time period and the Company will redeem the public shares for the funds
held in the trust account, holders of warrants will not receive any of such funds for their warrants and the warrants will expire worthless.

NOTE 8: FAIR VALUE MEASUREMENTS

The following table presents
information about the Company’s assets that are measured at fair value on a recurring basis as of March 31, 2025 and December 31,
2024, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.

    Quoted  
    Significant  
    Significant 

    Prices in  
    Other  
    Other 

    As of  
    Active  
    Observable  
    Unobservable 

    March 31,  
    Markets  
    Inputs  
    Inputs 

    2025  
    (Level 1)  
    (Level 2)  
    (Level 3) 
  
    Assets: 

    Investment held in Trust Account 
    $357,039,216  
    $357,039,216  
    $         —  
    $         — 

    Quoted  
    Significant  
    Significant 

    Prices in