Company: AAM-UN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107616
Chunk: 8

Company: AA Mission Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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 Islands on February 9, 2024. The Company was formed for the purpose of effecting a merger, shares
exchange, asset acquisition, shares purchase, reorganization, or other similar business combination with one or more businesses (the “Business
Combination”).

The Company is not limited to a particular industry or sector for purposes
of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject
to all of the risks associated with early stage and emerging growth companies.

As of September 30, 2025, the Company had not commenced any operations.
All activity through September 30, 2025, relates to the Company’s formation and the initial public offering (the “IPO”),
which is described below. The Company will not generate any operating revenues until after the completion of a Business Combination, at
the earliest. The Company will generate non-operating income in the form of interest income from the proceeds derived from the IPO. The
Company has selected December 31 as its fiscal year end.

Financing

The Company’s founder and sponsor is AA Mission Acquisition Sponsor
Holdco LLC (the “Sponsor”). The registration statement for the Company’s IPO was declared effective on July 31, 2024.
On August 2, 2024, the Company consummated the IPO of 30,000,000 units (the “Units” and, with respect to the shares of Class
A ordinary shares included in the Units being offered, the “Public Shares”), at $10.00 per Unit, generating gross proceeds
of $300,000,000.

Simultaneously with the consummation of the IPO and the sale of the
Units, the Company consummated the private placement (“Private Placement”) of 759,000 units (the “Initial Private Placement
Units”) to the Sponsor, at a price of $10.00 per Private Placement Unit, generating total proceeds of $7,590,000.

Transaction costs amounted to $14,634,758, consisting of $5,175,000
of cash underwriting fee, $8,625,000 of deferred underwriting fee and $834,758 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