Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 2

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 2
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 or prevent the offering of securities by the combined company to investors and cause the value
of such securities to significantly decline or be worthless. The PRC government has significant authority to exert influence on the ability
of a China-based company to conduct its business, make or accept foreign investments or list on a U.S. stock exchange. For example,
if we enter into a business combination with a target business operating in China, the combined company may face risks associated with
regulatory approvals of the proposed business combination between us and the target, offshore offerings, anti-monopoly regulatory actions,
cybersecurity and data privacy, as well as the lack of PCAOB inspection of its auditors or the auditors of the target business. In addition,
the combined company may be subject to legal and operational risks associated with having substantially all of its operations in China,
including risks related to the legal, political and economic policies of the Chinese government, the relations between China and the United States,
or Chinese or United States regulations, which risks could result in a material change in the combined company’s operations
and/or the value of the securities of the combined company.

As indicated above, while we intend to focus our
search on businesses in Asia, we are not limited to a particular industry or geographic region for purposes of consummating an initial
business combination. Because our management team has a substantial network in the PRC, we may pursue a business combination with a company
doing business in China, which may have legal and operational risks associated with such a decision. These risks could result in a material
change in the target company’s post-combination operations or could significantly limit or completely hinder our ability to offer
or continue to offer securities to investors and cause the value of such securities to significantly decline or become worthless. However,
we will not consummate our initial business combination with an entity or business with China operations consolidated through a variable
interest entity (“VIE”) structure.

Since all of our executive officers and directors
are located in or have significant ties to the PRC, we may be a less attractive partner to potential target companies outside the PRC,
thereby limiting our pool of acquisition candidates. This would impact our search for a target company and make it harder for us to complete
an initial business combination with a non-China-based target company. For example, a combination with a U.S. target company may
be subject to review by a U.S. government entity or may ultimately be prohibited. Furthermore, the additional time that