Company: AAM-UN
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073653
Chunk: 178

Company: AA Mission Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part II, Item 8
Chunk 178
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. See Note 1 for further details.

NOTE 4: PRIVATE PLACEMENT

Simultaneously with the consummation
of the IPO and the sale of the Units, the Company consummated the sale of 759,000 units Private Placement Units. On September 4, 2024,
the underwriters exercised the over-allotment option in full and as a result, the Company consummated the sale of additional 90,000 Private
Placement Units. See Note 1 for more details.

Each Private Placement Unit
entitles the holder thereof to one Class A ordinary share and one-half of one redeemable warrant (“Private Placement Warrants”)
to purchase one Class A ordinary share at $11.50 per share. The proceeds from the sale of the Private Placement Units were added to the
net proceeds from the IPO held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period,
the proceeds from the sale of the Private Placement Units held in the Trust Account will be used to fund the redemption of the Public
Shares (subject to the requirements of applicable law).

The Private Placement Units
(including the underlying securities) will not be redeemable, transferable, assignable or salable by the Sponsor until 30 days after the
completion of its initial Business Combination, subject to certain exceptions.

NOTE 5: RELATED PARTY TRANSACTIONS

Founder Shares

On March 19, 2024, the
Sponsors received 8,625,000 of the Company’s Class B ordinary shares (“Founder Shares”) in exchange for $25,000 paid
for deferred offering costs borne by the Sponsors. Up to 1,125,000 of such Founder Shares were subject to forfeiture to the extent that
the underwriters’ over-allotment was not exercised in full. On September 4, 2024, the underwriters exercised the over-allotment
option in full.

The Sponsors have agreed,
subject to limited exceptions, not to transfer, assign or sell any of the Founder Shares until the earlier to occur of: (i) one year following
the consummation of our initial Business Combination and (ii) the date on which the Company completes a liquidation, merger, share exchange,
reorganization or other similar transaction after an initial Business Combination that results in all of our shareholders having the right
to exchange their ordinary shares for cash, securities or other property.

Private Placement

The Company consummated the
sale of 759,000