AA Mission Acquisition Corp. Announces Closing of Full Exercise of IPO Over-Allotment Option
05 Settembre 2024 - 10:05PM
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 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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