Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 333

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 2
Chunk 333
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000 Class A ordinary shares with $0.0001
par value. As a result of IPO on August 2, 2024, the Company issued 30,000,000 shares of Class 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 December 31, 2024, there
were 849,000 Class A ordinary shares issued and outstanding (excluding 34,500,000 shares subject to possible redemption)

Class B Ordinary Shares — The
Company is authorized to issue 20,000,000 Class B ordinary shares with $0.0001 par value. As of 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, exercisable 30 days after the completion of our initial business
combination and will expire five years after the completion of our initial business combination or earlier upon redemption or our liquidation. 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