Company: AAM-UN
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073653
Chunk: 23

Company: AA Mission Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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 A subject to possible redemptions. Simultaneously,
the Company consummated the sale of 759,000 Private Placement Units which entitles the holder thereof to one Class A ordinary share.

On September 4, 2024, the
underwriters exercised the over-allotment option in full and as a result, the Company consummated the sale of additional 4,500,000 shares
of Class A subject to possible redemptions and 90,000 Private Placement Units. As of June 30, 2025, and December 31, 2024, there were
849,000 Class A ordinary shares issued and outstanding (excluding 34,500,000 shares subject to possible redemption)

F-15

Class B Ordinary
Shares — The Company is authorized to issue 20,000,000 Class B ordinary shares with $0.0001 par value.
As of June 30, 2025, and December 31, 2024, there were 8,625,000 Class B ordinary shares issued and outstanding. Initially, up to 1,125,000
of these shares were subject to forfeiture to the extent that the underwriters’ over-allotment option was not exercised in full
or in part ensuring that the number of Founder Shares would equal 20% of the Company’s issued and outstanding ordinary shares after
the IPO (excluding shares underlying the Private Placement Units) (See Note 4 and Note 5 for further details). However, no Class B ordinary
shares are subject to forfeiture as the over-allotment was fully exercised on September 4, 2024.

Warrants

Each Unit consisted of one
Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitled the holder thereof to purchase one Class A
ordinary share at a price of $11.50 per share. The Company will not issue fractional shares in connection with an exchange of warrants.
Fractional shares will be either rounded down to the nearest whole share or otherwise addressed in accordance with the applicable provisions
of Cayman law.

If the Company is unable
to complete the initial Business Combination within the required time period and the Company will redeem the public shares for the funds
held in the trust account, holders of warrants will not receive any of such funds for their warrants and the warrants will expire worthless.

NOTE 8: FAIR VALUE MEASUREMENTS

The following table presents
information about the Company’s assets that are