Company: AAM-UN
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073653
Chunk: 51

Company: AA Mission Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 2
Chunk 51
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 to purchase up to 4,500,000 additional Units to cover over-allotments at the IPO price, less the underwriting discounts and
commissions.

The underwriters were entitled to a cash underwriting
discount of $0.15 per Unit, or $4,500,000 in the aggregate (or $5,175,000 if the underwriters’ over-allotment option is exercised
in full), payable upon the closing of the IPO In addition, the underwriters are entitled to a deferred fee of $0.25 per Unit, or $7,500,000
in the aggregate (or $8,625,000 in the aggregate if the underwriters’ over-allotment option is exercised in full).

On September 4, 2024, the underwriters exercised
the over-allotment option in full to purchase 4,500,000 Units. As a result, the Company sold an additional 4,500,000 Units at $10.00 per
Unit, generating gross proceeds to the Company of $45,000,000.

5

Critical Accounting
Estimates

The preparation of condensed
financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America
requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent
assets and liabilities at the date of the condensed financial statements, and income and expenses during the periods reported. Actual
results could materially differ from those estimates. We have not identified any critical accounting policies or estimates.

Off-Balance Sheet Arrangements; Commitments
and Contractual Obligations

As of June 30, 2025, we did not have any off-balance
sheet arrangements as defined in Item 303(a)(4)(ii) of Regulation S-K.

JOBS Act

On April 5, 2012, the Jumpstart Our Business
Startups Act of 2012 (the “JOBS Act”) was signed into law. The JOBS Act contains provisions that, among other things,
relax certain reporting requirements for qualifying public companies. We will qualify as an “emerging growth company” and
under the JOBS Act will be allowed to comply with new or revised accounting pronouncements based on the effective date for private (not
publicly traded) companies. We are electing to delay the adoption of new or revised accounting standards, and as a result, we may not
comply with new or revised accounting