Company: YCY-WT
Filing Date: 2025-07-09
Form Type: DRS
Source: 0001213900-25-062426
Chunk: 62

Company: AA Mission Acquisition Corp. II
Filing Date: 2025-07-09
Form: DRS
Chunk 62
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 firms headquartered in mainland China and Hong Kong completely, consistent with U.S. law. The Statement of Protocol gives the PCAOB sole discretion to select the firms, audit engagements and potential violations it inspects and investigates and put in place procedures for PCAOB inspectors and investigators to view complete audit work papers with all information included and for the PCAOB to retain information as needed. In addition, the Statement of Protocol grants the PCAOB direct access to interview and take testimony from all personnel associated with the audits the PCAOB inspects or investigates. While significant, uncertainties still exist as to how the Statement of Protocol will be implemented and whether the applicable parties will comply with the framework. On December 29, 2022, President Joseph Biden signed the Consolidated Appropriations Act, 2023, which, among other things, amended the HFCAA to (a) reduce the number of consecutive years an issuer can be identified as a Commission -IdentifiedIssuer before the SEC must impose an initial trading prohibition on the issuer’s securities from three years to two years, and (b) clarify that any foreign authority impeding PCAOB inspections or investigations can trigger the provisions of the act. In addition, all CIIs are listed on the SEC website at www.sec.gov / HFCAA, and each CII must provide certain disclosures to investors and the SEC for each year it is identified as a CII. For foreign issuers that are CIIs, the required disclosures include the percentage of shares owned by foreign government entities, whether government entities in the foreign jurisdiction control the issuer, identification of all Chinese Communist Party (“CCP”) officials who are on the board of the issuer or the operating entity for the issuer, and whether the issuer’s articles of incorporation contain any “charter” of the CCP. Therefore, once an issuer is identified as a Commission -IdentifiedIssuer for two consecutive years, the SEC is required under the HCFAA to prohibit the trading of the issuer’s securities on a national securities exchange and in the over -the -countermarket. Our auditor is subject to inspection by the PCAOB on a regular basis with the last inspection report dated November7, 2022. As such, as of the date of this prospectus, our auditor is not subject to the determinations announced by the Consolidated Appropriations Act, 2023 on December 29, 2022. As of the date of the prospectus, our auditor is not subject to the determinations announced by the PCAOB on December 16, 2021. While