AA Mission Acquisition Corp. Announces Closing of $300,000,000 Initial Public Offering
August 02 2024 - 11:52AM
Business Wire
AA Mission Acquisition Corp. (NYSE: AAM.U) (the “Company”) today
announced that it closed its initial public offering of 30,000,000
units at $10.00 per unit. The gross proceeds from the offering were
$300 million before deducting underwriting discounts and estimated
offering expenses. The units began trading on the New York Stock
Exchange (“NYSE”) under the ticker symbol “AAM.U” on August 1,
2024.
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 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 ecm@clearstreet.io.
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.
Forward-Looking Statements
This press release includes forward-looking statements that
involve risks and uncertainties. Forward-looking statements are
statements that are not historical facts. Such forward-looking
statements are subject to risks and uncertainties, which could
cause actual results to differ from the forward-looking statements.
The Company expressly disclaims any obligations or undertaking to
release publicly any updates or revisions to any forward-looking
statements contained herein to reflect any change in the Company's
expectations with respect thereto or any change in events,
conditions or circumstances on which any statement is based. No
assurance can be given that the offering discussed above will be
completed on the terms described, or at all. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of the Company, including those set forth in the
Risk Factors section of the Registration Statement and related
preliminary prospectus filed in connection with the initial public
offering with the SEC. Copies are available on the SEC's website,
www.sec.gov.
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AA Mission Acquisition Corp. Mr. Qing Sun Chairman of the Board,
Chief Executive Officer, and Director 21 Waterway Avenue, STE 300
#9732 The Woodlands, TX 77380 Email: contact@aamission.net Website:
www.aamission.net
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