Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 80

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 80
---
 such loans. Up to $1,500,000
of such Working Capital Loans may be convertible into private placement-equivalent Units at a price of $10.00 per Unit at the option
of the lender. Such Units would be identical to the Private Placement Units. The terms of such Working Capital Loans by our Sponsor
or its affiliates, or our officers and directors, if any, have not been determined and no written agreements exist with respect to such
loans. As of December 31, 2024, no Working Capital Loans were outstanding.

NOTE
6: COMMITMENTS AND CONTINGENCIES

Risks
and Uncertainties

In February 2022, the Russian Federation and Belarus commenced
a military action with the country of Ukraine. As a result of this action, various nations, including the United States, have instituted
economic sanctions against the Russian Federation and Belarus. In October 2023, the military conflict between Israel and militant
groups led by Hamas has also caused uncertainty in the global markets. Further, the impact of this action and related sanctions on the
world economy is not determinable as of the date of the financial statement, and the specific impact on the Company’s financial
condition, results of operations, and cash flows is also not determinable as of the date of these financial statements.

Registration
Rights

Pursuant to a registration rights agreement dated
on the effectiveness of the Registration Statement on July 31, 2024, the holders of the founder shares, Private Placement Units (including
securities contained therein), and units (including securities contained therein) that may be issued on conversion of working capital
loans or extension loans (and) are entitled to registration rights pursuant to a registration rights agreement signed on the effective
date of this offering requiring the Company to register such securities for resale. The holders of these securities are entitled to make
up to three demands, excluding short form demands, that the Company’s register such securities. In addition, the holders have certain
“piggy-back” registration rights with respect to registration statements filed subsequent to the Company completion of initial
business combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities
Act. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

Underwriting
Agreement

The
Company granted the underwriters a 45-day option to purchase up to 4,500,000 additional Units to cover over-allot