Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 216

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1C
Chunk 216
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 whose Units, Class A ordinary
shares and Public Warrants are held of record by banks, brokers and other financial institutions.

Dividends

We have not paid any cash dividends on our ordinary shares to date
and do not intend to pay cash dividends prior to the completion of an initial business combination. The payment of cash dividends in the
future will be dependent upon our revenues and earnings, if any, capital requirements and general financial conditions subsequent to completion
of an initial business combination. The payment of any cash dividends subsequent to an initial business combination will be within the
discretion of our board of directors at such time. If we incur any indebtedness, our ability to declare dividends may be limited by restrictive
covenants we may agree to in connection therewith.

Securities Authorized for Issuance under Equity Compensation Plans

None.

Recent Sales of Unregistered Securities; Use of Proceeds from Registered
Offerings

On March 19, 2024, sponsor,
paid $25,000, or approximately $0.003 per share, in consideration of 8,625,000 founder shares. Such securities were issued in connection
with our organization pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act. The number
of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 34,500,000 units
if the underwriters’ over-allotment option is exercised in full and therefore that such founder shares would represent approximately
20% of the outstanding shares after this offering. Up to 1,125,000 of these shares were subject to forfeit depending on the extent to
which the underwriters’ over-allotment is exercised.

Our sponsor, is the record holder of the shares
reported herein. Qing Sun, our Chief Executive Officer, is the sole manager of our sponsor and has voting and investment discretion with
respect to the securities held of record by our sponsor and may be deemed to have beneficial ownership of the securities held directly
by our sponsor. Our sponsor is an accredited investor for purposes of Rule 501 of Regulation D. Each of the equity holders
in our sponsor is an accredited investor under Rule 501 of Regulation D. The sole business of our sponsor is to act as
the Company’s sponsor in connection with this offering. The limited liability company agreement of our sponsor provides that its
membership interests may only be transferred to our officers or directors or other persons affiliated