other material
confidence high
sentiment neutral
materiality 0.50
AA Mission Acquisition Corp. II closes $100M IPO and $3.34M private placement
AA Mission Acquisition Corp. II
- Closed IPO of 10,000,000 units at $10.00/unit, raising $100M gross; underwriters have 45-day option for up to 1.5M additional units.
- Simultaneous private placement of 334,000 units to sponsor at $10.00/unit raised $3.34M.
- Total of $100.25M placed in trust account with Continental Stock Transfer & Trust.
- Company has 18 months (extendable to 24) to complete a business combination or will liquidate.
- Audited balance sheet shows $101.6M total assets, $100.25M in trust, $2.1M accumulated deficit.