Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 361

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 3
Chunk 361
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 in connection with the completion of our initial business combination.
The other members of our management team have entered into agreements similar to the one entered into by our initial shareholders with
respect to any public shares acquired by them in or after our IPO. Additionally, our initial shareholders have agreed to waive their
rights to liquidating distributions from the trust account with respect to their founder shares if we fail to complete our initial business
combination within the prescribed time frame or any extended period of time that we may have to consummate an initial business combination
as a result of an amendment to our second amended and restated memorandum and articles of association. If we do not complete our initial
business combination within the prescribed time frame, the private placement units will expire worthless. Furthermore, subject to certain
limited exceptions, our initial shareholders have agreed not to transfer, assign or sell any of their founder shares until the earlier
of: (i) one year following the consummation of the Business Combination; (ii) subsequent to the consummation of a Business Combination,
when the closing price of the Ordinary Shares equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations,
recapitalizations and the like) for any 20 trading days within a 30-trading day period commencing at least 150 days after the initial
Business Combination; or (iii) the date on which the Company completes a liquidation, merger, stock exchange or other similar transaction
after the initial Business Combination, that results in all of the Company’s stockholders having the right to exchange their Ordinary
Shares for cash, securities or other property. Subject to certain limited exceptions, the private placement units and the Class A
ordinary shares underlying such warrants, will not be transferable until 30 days following the completion of our initial business
combination. Because each of our executive officers and director own ordinary shares or warrants directly or indirectly, they may have
a conflict of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial
business combination.

●Our officers and directors may have a conflict of interest
with respect to evaluating a particular business combination if the retention or resignation of any such officers and directors was included
by a target business as a condition to any agreement with respect to our initial business combination.

●Our officers, directors, shareholders or affiliates may be
paid fees upon the successful completion of our initial business combination as described above.

We are not prohibited from
pursuing an