Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 182

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1B
Chunk 182
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 per month for office space and administrative and support services. An administration
fee of $50,000 was recorded and paid for the period from February 9, 2024 (inception) through December 31, 2024.

Related Party Loans

The sponsor issued an unsecured promissory note
to the Company (the “Promissory Note”), pursuant to which the Company may borrow up to an aggregate principal amount
of $300,000. The Promissory Note is non-interest bearing and payable on the earlier of (i) December 31, 2024, or (ii) the
consummation of the IPO. As of December 31, 2024, there were no amounts outstanding under the Promissory Note.

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 our sponsor
or its affiliates, or our officers and directors, if any, have not been determined and no written agreements exist with respect to such
loans. As of December 31, 2024, no Working Capital Loans were outstanding.

Item 14. Principal Accountant Fees and Services.

The firm of UHY LLP acts as our independent registered
public accounting firm. The following is a summary of fees paid to UHY LLP for services rendered.

Audit Fees. During the period from February