Company: AAM-UN
Filing Date: 2025-03-11
Form Type: 10-K
Source: 0001213900-25-022743
Chunk: 33

Company: AA Mission Acquisition Corp.
Filing Date: 2025-03-11
Form: 10-K
Item: Item 1
Chunk 33
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 period from February 9, 2024 (inception) through December 31, 2024.

Working Capital Loans

In addition, in order to finance transaction costs in connection with
a Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s directors and officers may, but are
not obligated to, loan the Company funds as may be required (“Working Capital Loans”). If the Company completes a Business
Combination, the Company will repay the Working Capital Loans out of the proceeds of the Trust Account released to the Company. Otherwise,
the Working Capital Loans would be repaid only out of funds held outside the Trust Account. In the event that a Business Combination does
not close, the Company may use a portion of proceeds held outside the Trust Account to repay the Working Capital Loans, but no proceeds
held in the Trust Account would be used to repay the Working Capital Loans. Except for the foregoing, the terms of such Working Capital
Loans, if any, have not been determined and no written agreements exist with respect to such loans. Up to $1,500,000 of such Working Capital
Loans may be convertible into private placement-equivalent Units at a price of $10.00 per Unit at the option of the lender. Such
Units would be identical to the Private Placement Units. The terms of such Working Capital Loans by our Sponsor or its affiliates,
or our officers and directors, if any, have not been determined and no written agreements exist with respect to such loans. As of December
31, 2024, no Working Capital Loans were outstanding. 

17

Other Contractual Obligations

Registration Rights

Pursuant to a registration rights agreement dated on the effectiveness
of the Registration Statement on July 31, 2024, the holders of the founder shares, Private Placement Units (including securities contained
therein), and units (including securities contained therein) that may be issued on conversion of working capital loans or extension loans
(and) are entitled to registration rights pursuant to a registration rights agreement signed on the effective date of this offering requiring
the Company to register such securities for resale. The holders of these securities are entitled to make up to three demands, excluding
short form demands, that the Company’s register such securities. In addition, the holders have certain “piggy-back”
registration rights with respect to registration statements filed subsequent to the Company completion of initial business combination
and rights to require the Company to register for resale such securities pursuant to Rule