Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 18

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 18
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), divided by the number of then outstanding public shares, which redemption will completely extinguish public
shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), and (iii) as
promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board of directors,
liquidate and dissolve, subject in each case to our obligations under Cayman Islands law to provide for claims of creditors and in all
cases subject to the other requirements of applicable law. There will be no redemption rights or liquidating distributions with respect
to our warrants, which will expire worthless if we fail to complete our initial business combination within the completion window. Our
initial shareholders, sponsor, officers and directors have entered into a letter agreement with us, pursuant to which they have waived
their rights to liquidating distributions from the trust account with respect to any founder shares they hold if we fail to complete our
initial business combination within the completion window or any extended period of time that we may have to consummate an initial business
combination as a result of an amendment to our second amended and restated memorandum and articles of association. However, if our initial
shareholders, sponsor or management team acquire public shares in or after our IPO, they will be entitled to liquidating distributions
from the trust account with respect to such public shares if we fail to complete our initial business combination within the allotted
completion window.

Our initial shareholders, sponsor, officers and
directors have agreed, pursuant to a letter agreement with us, that they will not propose any amendment to our second amended and restated
memorandum and articles of association to modify the substance or timing of our obligation to redeem 100% of our public shares if we do
not complete our initial business combination within the completion window or with respect to any other material provisions relating to
shareholders’ rights or pre-initial business combination activity, unless we provide our public shareholders with the opportunity
to redeem their public shares upon approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount
then on deposit in the trust account, including interest earned on the funds held in the trust account (which interest shall be net of
permitted withdrawals), divided by the number of then outstanding public shares. However, we will only redeem our public shares if our
net tangible assets will be at least $5,000,0001 either immediately prior to or upon consummation of our initial business combination.

We expect