Company: AAM-UN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107616
Chunk: 168

Company: AA Mission Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part II, Item 8
Chunk 168
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834,758 of other offering costs. These costs were charged to additional
paid-in capital or accumulated deficit to the extent additional paid-in capital is fully depleted upon completion of the IPO.

On September 4, 2024, the underwriters exercised their over-allotment
option in full to purchase an additional 4,500,000 Units. As a result, the Company sold an additional 4,500,000 Units at $10.00 per Unit,
generating gross proceeds of $45,000,000. Simultaneously with the closing of the full exercise of the over-allotment option, we completed
the private sale of an aggregate of 90,000 Private Placement Units, at a purchase price of $10.00 per Private Placement Unit, generating
gross proceeds of $900,000.

On May 22, 2025, the Company issued an unsecured, non-interest bearing
convertible promissory note in the principal amount of $1,000,000 to its Sponsor to fund working capital needs (the “Convertible
Promissory Note”). The Convertible Promissory Note matures upon the closing of a business combination. At the Sponsor’s election,
the outstanding principal may be converted into private units of the Company at a conversion price of $10.00 per unit. The number of units
to be issued upon conversion is determined by dividing (x) the outstanding principal by (y) $10.00. No fractional units will be issued.
If a business combination is not consummated, the Convertible Promissory Note will only be repaid from funds held outside the trust account.

F-6

Business Combination

The Company will have until 18 months from the closing of the IPO (or
up to 24 months from the closing of the IPO if the Company extends the period of time to consummate a Business Combination by the full
amount of time), or August 2, 2026, (the “Combination Period”). However, if the Company has not completed a Business Combination
within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably
possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the
aggregate amount then on deposit in the trust account, including interest (less up to $100,000 of interest to pay dissolution expenses
(which interest shall be net of taxes