In This Article:
THE WOODLANDS, Texas, September 05, 2024—(BUSINESS WIRE)—AA Mission Acquisition Corp. (NYSE: AAM.U) (the "Company") today announced that the underwriter of its previously announced initial public offering fully exercised its option to purchase an additional 4,500,000 units at the public offering price of $10.00 per unit, resulting in additional gross proceeds of approximately $45,000,000.
After giving effect to this full exercise of the overallotment option, the total number of units sold in the public offering increased to 34,500,000 units, resulting in total gross proceeds of $345,000,000 for the Company’s initial public offering.
Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share of the Company at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on New York Stock Exchange ("NYSE") under the symbols "AAM" and "AAM.W", respectively.
Clear Street acted as the sole book-running manager in the offering.
Winston & Strawn LLP served as legal counsel to the Company. Loeb & Loeb LLP served as legal counsel to Clear Street.
The offering was made only by means of a prospectus, copies of which may be obtained from Clear Street, Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New York, NY 10007, or by email at [email protected].
A registration statement relating to these securities was declared effective by the Securities and Exchange Commission ("SEC") on July 31, 2024.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About AA Mission Acquisition Corp.
AA Mission Acquisition Corp. is a blank check company incorporated as an exempted company under the laws of the Cayman Islands, which will seek to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While it may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to focus on industries that complement the management team’s and board of directors’ background and network, and to capitalize on the ability of its management team and board of directors to identify and acquire a business, focusing on the food and beverage industry.