Company: YCY-WT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109978
Chunk: 75

Company: AA Mission Acquisition Corp. II
Filing Date: 2025-11-13
Form: 10-Q
Chunk 75
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 commissions which will be paid
on the consummation of the initial business combination, and $621,564 of other offering costs

On October 9, 2025, the underwriters
exercised their over-allotment option in full to purchase an additional 1,500,000 Units at $10.00 per Unit, generating gross proceeds
of $15,000,000. Simultaneously with the sale of the over-allotment Units, the Company consummated the Private Placement of an additional
26,250 Private Placement Units to the Sponsor at $10.00 per Private Placement Unit, generating gross proceeds of $262,500.

Transaction costs amounted
to $225,000 for cash underwriting commission arising from the sale of the over-allotment Units.

Upon the closing of the IPO
and the Private Placement (including the effects of the exercise of the over-allotment option), $115,287,500 ($10.025 per Unit) of the
net proceeds of the IPO (including the over-allotment Units) and certain of the proceeds of the Private Placement (including the additional
Private Placement Units) were placed in a trust account (the “Trust Account”) with Continental Stock Transfer & Trust
Company acting as trustee. The funds held in the Trust Account may be invested in U.S. government securities with a maturity of 185 days
or less. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned
on the Trust Account, to complete our initial business combination. To the extent that our capital stock or debt is used, in whole or
in part, as consideration to complete our initial business combination, the remaining proceeds held in the Trust Account will be used
as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

Prior to the completion of
our initial business combination, we will have available to us $810,000 of proceeds held outside the Trust Account. We will use these
funds primarily to identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to
and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate
documents and material agreements of prospective target businesses, structure, negotiate and complete a business combination, and to pay
taxes to the extent the interest earned on the trust account is not sufficient to pay our taxes.

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