Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 320

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 2
Chunk 320
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 of December 31, 2024, the Company had not commenced
any operations. All activity for the period from February 9, 2024 (inception) through December 31, 2024, relates to the Company’s
formation and the initial public offering (the “IPO”), which is described below. The Company will not generate any
operating revenues until after the completion of a Business Combination, at the earliest. The Company will generate non-operating income
in the form of interest income from the proceeds derived from the IPO. The Company has selected December 31 as its fiscal year end.

Financing

The Company’s founder and sponsor is AA
Mission Acquisition Sponsor Holdco LLC (the “Sponsor”). The registration statement for the Company’s IPO was
declared effective on July 31, 2024. On August 2, 2024, the Company consummated the IPO of 30,000,000 units (the “Units”
and, with respect to the shares of Class A ordinary shares included in the Units being offered, the “Public Shares”),
at $10.00 per Unit, generating gross proceeds of $300,000,000.

Simultaneously with the consummation of the IPO
and the sale of the Units, the Company consummated the private placement (“Private Placement”) of 759,000 units (the
“Initial Private Placement Units”) to the Sponsor, at a price of $10.00 per Private Placement Unit, generating total
proceeds of $7,590,000.

Transaction
costs amounted to $14,634,758, consisting of $5,175,000 of cash underwriting fee, $8,625,000 of deferred underwriting fee and $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