Company: AAM-UN
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073653
Chunk: 179

Company: AA Mission Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part II, Item 8
Chunk 179
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 Private Placement Units at a price of $10.00 per Private Placement Unit in a private placement to the Sponsor,
generating gross proceeds of $7,590,000 to the Company. On September 4, 2024, with the closing of the full exercise of the over-allotment
option, we completed the private sale of an aggregate of additional 90,000 Private Placement Units, at a purchase price of $10.00 per
Private Placement Unit, generating gross proceeds of $900,000.

F-13

Promissory Note — Related
Party

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. Since the note has expired as of December 31, 2024, there were no amounts outstanding under the Promissory Note as of June
30, 2025.

Due to Related Party

The Sponsor paid certain
formation, operating or deferred offering costs on behalf of the Company. These amounts are due on demand and non-interest bearing. During
the period from February 9, 2024 (inception) to June 30, 2025, the Sponsor paid $539,874 on behalf of the Company, of which $25,000 was
paid in exchange for the issuance of Founder Shares. As of June 30, 2025, and December 31, 2024, the amount due to the related party was
$514,874.

Administrative Services Agreement

The Company entered into
an agreement, commencing on the effective date of the IPO through the earlier of the Company’s consummation of a Business Combination
and its liquidation, to pay an affiliate of the Sponsor a total of up to $10,000 per month for office space and administrative and support
services. During the three and six months ended June 30, 2025, the Company incurred an administration fee of $30,000 and $60,000, all
of which was paid by June 30, 2025. No administration fee was booked during the period from February 9, 2024 (inception) through June
30, 2024.

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