Company: AAM-UN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107616
Chunk: 9

Company: AA Mission Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 purchase an additional 4,500,000 Units. As a result, the Company sold an additional 4,500,000 Units at $10.00 per Unit,
generating gross proceeds of $45,000,000. Simultaneously with the closing of the full exercise of the over-allotment option, we completed
the private sale of an aggregate of 90,000 Private Placement Units, at a purchase price of $10.00 per Private Placement Unit, generating
gross proceeds of $900,000.

On May 22, 2025, the Company issued an unsecured, non-interest bearing
convertible promissory note in the principal amount of $1,000,000 to its Sponsor to fund working capital needs (the “Convertible
Promissory Note”). The Convertible Promissory Note matures upon the closing of a business combination. At the Sponsor’s election,
the outstanding principal may be converted into private units of the Company at a conversion price of $10.00 per unit. The number of units
to be issued upon conversion is determined by dividing (x) the outstanding principal by (y) $10.00. No fractional units will be issued.
If a business combination is not consummated, the Convertible Promissory Note will only be repaid from funds held outside the trust account.

F-6

Business Combination

The Company will have until 18 months from the closing of the IPO (or
up to 24 months from the closing of the IPO if the Company extends the period of time to consummate a Business Combination by the full
amount of time), or August 2, 2026, (the “Combination Period”). However, if the Company has not completed a Business Combination
within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably
possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable in cash, equal to the
aggregate amount then on deposit in the trust account, including interest (less up to $100,000 of interest to pay dissolution expenses
(which interest shall be net of taxes payable) divided by the number of then outstanding public shares, which redemption will completely
extinguish public shareholders’ rights as shareholders (including the right to receive further liquidation distributions, if any),
subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to