Company: YCY-WT
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104669
Chunk: 28

Company: AA Mission Acquisition Corp. II
Filing Date: 2025-10-31
Form: 10-Q
Chunk 28
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 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, the Company will be obligated to register up to 3,640,375 Class A ordinary shares and 255,125 warrants.
The number of Class A ordinary shares includes (i) 2,875,000 shares issuable upon conversion of the Founder Shares, (ii) 360,250 shares
underlying the Private Placement Units, (iii) 150,000 shares underlying the working capital units, (iv) 180,125 shares underlying the
Private Placement Warrants and (v) 75,000 shares underlying the warrants issued in connection with the working capital units. The number
of warrants includes 75,000 working capital warrants and 180,125 Private Placement Warrants. The holders of these securities are entitled
to make up to three registration demands, excluding short-form demands, that the Company register such securities. In addition, the
holders have certain “piggy-back” registration rights with respect to registration statements subsequent to completion of
the initial business combination. The Company will bear the expenses incurred in connection with the filing of any such registration statements.

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Underwriting Agreement

The Company granted the underwriters
a 45-day option to purchase up to an additional 1,500,000 Units to cover over-allotments at the Initial Public Offering price, less the
underwriting discounts and commissions.

The underwriters were entitled
to a cash underwriting discount of $0.15 per Unit, or $1,500,000 in the aggregate (or $1,725,000 if the underwriters’ over-allotment
option was exercised in full), payable upon the closing of the Initial Public Offering. In addition, the underwriters are entitled to
a deferred fee of $0.25 per Unit, or $2,500,000 in the aggregate (or $2,875,000 in the aggregate if the underwriters’ over-allotment
option was exercised in full). The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely
in the event that the Company completes a Business Combination, subject to the terms