AA Mission Acquisition Corp. reported its financial performance for the period ending June 30, 2024, following its initial public offering (IPO) on August 2, 2024. As of June 30, 2024, the company had total assets of $628.2 million and total liabilities of $728.6 million, resulting in a shareholder's equity deficit of $(100.4 million). This represents a significant decline in shareholder's equity from a balance of $25,000 on February 9, 2024, and $(6.7 million) on March 31, 2024.

The accumulated deficit increased from $0 on February 9, 2024, to $(125.4 million) by June 30, 2024. The company issued 8,625,000 Class B ordinary shares, while no Class A ordinary shares were issued during this period. The additional paid-in capital remained unchanged at $24.1 million from March 31, 2024, to June 30, 2024.

The IPO raised gross proceeds of $300 million from the offering of 30 million units at $10.00 per unit. The company also completed a private placement of 759,000 units, generating an additional $7.6 million. Transaction costs associated with the IPO totaled $12.8 million, which included a cash underwriting fee of $4.5 million and a deferred underwriting fee of $7.5 million.

Following the IPO, an over-allotment option allowed for the sale of an additional 4.5 million units, generating $45 million, with a private placement of 90,000 units contributing another $900,000. The transaction costs for the over-allotment were $675,000.

The company is in a combination period of 18 months from the IPO closing, which can be extended up to 24 months, ending on August 2, 2026. On September 4, 2024, it was noted that 1,125,000 Class B ordinary shares were not forfeited due to the full exercise of the over-allotment by underwriters.