Company: YCY-WT
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104669
Chunk: 22

Company: AA Mission Acquisition Corp. II
Filing Date: 2025-10-31
Form: 10-Q
Chunk 22
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 consummated the sale of Private Placement Units to the Sponsor at $ per Private Placement Unit, generating gross proceeds of $ (see Note 4 for more details).

Exercise of Over-Allotment Option

On October 9, 2025, the underwriters exercised their over-allotment option in full to purchase an additional Units at $ per Unit, generating gross proceeds of $. Simultaneously with the sale of the over-allotment Units, the Company consummated the Private Placement of an additional Private Placement Units to the Sponsor at $ per Private Placement Unit, generating gross proceeds of $ (see Note 1 for more details).

Administrative Services Agreement

The Company entered into an agreement on September 30, 2025, commencing on the October 1, 2025 listing date of the Initial Public Offering through the earlier of the Company’s consummation of a Business Combination and its liquidation, to pay an affiliate of the Sponsor a total of up to $ per month for office space and administrative and support services.

Due to Related Party

Subsequent to June 30, 2025, the Sponsor paid certain costs totaling $ on behalf of the Company, resulting in a balance due to related party of $ as of the date these financial statements were issued (see Note 5 for additional information).

F-14

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Overview

We are a blank check company
incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more businesses. We have not selected any business combination target, and
we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination
target. We intend to effectuate our initial business combination using cash from the proceeds of our initial public offering (“IPO”)
and the sale of the private placement units, our shares, debt or a combination of cash, shares and debt.

Results of Operations

We have neither engaged in
any operations nor generated any revenues to date. Our only activities since inception have been organizational activities and those necessary
to prepare for the IPO. Following the IPO, we will not generate any operating revenues until after completion of our initial business
combination. We will generate non-operating income in the form of interest income on cash and cash equivalents after the IPO. After
the IPO, we expect