Company: AAM-UN
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001213900-25-107616
Chunk: 179

Company: AA Mission Acquisition Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part II, Item 8
Chunk 179
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OBBA”). ASC 740, “Income Taxes”, requires the effects of changes in tax laws to be recognized
in the period in which the legislation is enacted. The Company is currently evaluating the impact of the new law. However, none of the
tax provisions are expected to have a significant impact on the Company’s financial statements.

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 condensed 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.

NOTE 4: PRIVATE PLACEMENT

Simultaneously with the consummation of the IPO and the sale of the
Units, the Company consummated the sale of 759,000 units Private Placement Units. On September 4, 2024, the underwriters exercised the
over-allotment option in full and as a result, the Company consummated the sale of additional 90,000 Private Placement Units. See Note
1 for more details.

Each Private Placement Unit entitles the holder thereof to one Class
A ordinary share and one-half of one redeemable warrant (“Private Placement Warrants”) to purchase one Class A ordinary share
at $11.50 per share. The proceeds from the sale of the Private Placement Units were added to the net proceeds from the IPO held in the
Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the
Private Placement Units held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements
of applicable law).