Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 6

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 6
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 maintaining
the highest standards of diligence and strategic acumen.

These criteria are not intended to be exhaustive.
Any evaluation relating to the merits of a particular initial business combination may be based, to the extent relevant, on these general
guidelines as well as on other considerations, factors and criteria that our management may deem relevant.

We have reviewed, and continue to review, a number
of opportunities to enter into an initial business combination, but we are not able to determine at this time whether we will complete
an initial business combination with any of the target businesses that we have reviewed or with any other target business. We also have
neither engaged in any operations nor generated any revenue to date. Based on our business activities, the Company is a “shell company”
as defined under the Exchange Act of 1934 (the “Exchange Act”) because we have no operations and nominal assets consisting
almost entirely of cash.

On March 19, 2024, our sponsor paid $25,000 for 8,625,000 founder shares,
for a purchase price of approximately $0.003 per share. The number of founder shares outstanding was determined based on the expected
total size of the initial public offering (the “IPO”) would be a maximum of 34,500,000 units if the underwriters’
over-allotment option was exercised in full, and therefore that such founder shares would represent approximately 20% of the outstanding
shares following our IPO. As a result of the underwriters’ election to fully exercise their over-allotment option on September 4,
2024, no founder shares were forfeited resulting in the sponsor holding 8,625,000 founder shares.

On August 2, 2024, we consummated our initial public offering of 30,000,000
units (the “Units”) at $10.00 per Unit, generating gross proceeds of $300,000,000. Additionally, on September 4, 2024,
the underwriters exercised their over-allotment option in the amount of 4,500,000 Units, generating additional gross proceeds of $45,000,000,
for a total of $345,000,000 (the “Base Offering”). Each Unit consists of one Class A ordinary share, par value $0.0001
per share (the “Class A ordinary shares” or “Public Shares”) and one half of one redeemable warrant
(the “Public Warrants”) of the Company, with each whole