Company: AAM-UN
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001213900-25-042038
Chunk: 1

Company: AA Mission Acquisition Corp.
Filing Date: 2025-05-12
Form: 10-Q
Item: Part II, Item 8
Chunk 1
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 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. 

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 payable) divided by the number of then outstanding public
shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive
further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption,
subject to the approval of its remaining shareholders and its Board of Directors, liquidate and dissolve, subject in each case to its
obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no
redemption rights or liquidating distributions with respect to its public rights or private placement rights, which will expire worthless
if the Company fails to complete its initial Business Combination within the 18-month time period, and the Company may extend the period
of time to consummate a Business Combination up