Company: YCY-WT
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109978
Chunk: 24

Company: AA Mission Acquisition Corp. II
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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 exchange for the issuance of the Founder Shares. As of September 30, 2025, the amount due
to the related party was $245,013.

Working Capital Loans

In addition, in order to finance
transaction costs in connection with a business combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s
directors and officers may, but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”).
If the Company completes a business combination, the Company will repay the Working Capital Loans out of the proceeds of the Trust Account
released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the
event that a business combination does not close, the Company may use a portion of proceeds held outside the Trust Account to repay the
Working Capital Loans, but no proceeds held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing,
the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans.
Up to $1,500,000 of such Working Capital Loans may be convertible into private placement-equivalent units at a price of $10.00 per unit
at the option of the lender. Such units would be identical to the Private Placement Units. The terms of such Working Capital Loans by
the Sponsor or its affiliates, or the Company’s officers and directors, if any, have not been determined and no written agreements
exist with respect to such loans. As of September 30, 2025, no Working Capital Loans were outstanding.

Other Contractual Obligations

Registration Rights

The holders of (i) Founder
Shares, which were issued in a private placement prior to the closing of the IPO, (ii) Private Placement Units, which were issued in a
private placement simultaneously with the closing of the IPO and the Class A ordinary shares underlying such Private Placement Units,
and (iii) private placement-equivalent units and the Class A ordinary shares underlying such units that may be issued upon conversion
of Working Capital Loans, have registration rights requiring the Company to register the sale of any securities held by them pursuant
to a registration rights agreement entered into prior to the effective date of the IPO. Pursuant to the registration rights agreement,
after the exercise of underwriters’ over-allotment option and assuming $1,500,000 of Working Capital Loans will be converted into
private placement-equivalent units