Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 390

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 3
Chunk 390
---
 ordinary shares subject to possible redemption reflected in the balance sheet are reconciled in the following
table:

    Public offering proceeds 
    $300,000,000 
  
    Less: 

    Proceeds allocated to Public Warrants 
     (21,300,000)
  
    Allocation of offering costs related to redeemable shares 
     (11,700,113)
  
    Plus: 

    Accretion of carrying value to redemption value 
     34,500,113 
  
    Ordinary shares subject to possible redemption 
    $301,500,000 

    Over-allotment 

    Plus: 

    Over-allotment proceeds 
     45,000,000 
  
    Less: 

    Proceeds allocated to Public Warrants 
     (3,195,000)
  
    Allocation of offering costs related to redeemable shares 
     (1,641,060)
  
    Plus: 

    Accretion of carrying value to redemption value 
     5,061,060 
  
    Subsequent measurement of ordinary shares subject to possible redemption (income earned on trust account) 
     6,614,173 
  
    Ordinary shares subject to possible redemption 
    $353,339,173 

Recent
Accounting Standards

Management
does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect
on the Company’s financial statements.

NOTE
3: INITIAL PUBLIC OFFERING

Pursuant to the IPO, the Company sold 30,000,000
Units at a purchase price of $10.00 per Unit. Each Unit consists of one Class A ordinary share and one-half of one redeemable warrant
(“Public Warrant”). These shares will be available for redemption upon the completion of the Business Combination,
by public shareholders, at an anticipated price of $10.05 per share. Each whole warrant entitles the holder thereof to purchase one Class
A ordinary share at a price of $11.50 per share. No fractional warrants were issued upon separation of the Units and only whole warrants
are trading. The Company also granted the underwriters a 45-day option to purchase up to 4,500,000 additional units to cover over-allotments.
which was fully exercised on September 4, 2024. See Note 1 for further details.

F-12

NOTE
4: PRIVATE PLACEMENT

Simultaneously