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AA Mission Acquisition Corp. - AAM STOCK NEWS

Welcome to our dedicated page for AA Mission Acquisition news (Ticker: AAM), a resource for investors and traders seeking the latest updates and insights on AA Mission Acquisition stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AA Mission Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

AA Mission Acquisition Corp. (NYSE: AAM.U) has announced that starting September 16, 2024, holders of units from its initial public offering can separately trade Class A ordinary shares and warrants. Each unit comprises one Class A ordinary share and half a redeemable warrant. Whole warrants will trade, with each allowing the purchase of one Class A ordinary share at $11.50.

The separated Class A shares and warrants will trade on the NYSE under symbols 'AAM' and 'AAM.W' respectively. Unseparated units will continue trading as 'AAM.U'. To separate units, holders must contact Continental Stock Transfer & Trust Company. The offering was made via prospectus, available from Clear Street.

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Rhea-AI Summary

AA Mission Acquisition Corp. (NYSE: AAM.U) has announced the full exercise of its IPO over-allotment option, resulting in an additional 4,500,000 units sold at $10.00 per unit. This brings the total number of units sold to 34,500,000, generating gross proceeds of $345,000,000. Each unit comprises one Class A ordinary share and half a redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at $11.50.

Once separate trading begins, the Class A ordinary shares and warrants are expected to list on the NYSE under the symbols 'AAM' and 'AAM.W' respectively. Clear Street acted as the sole book-running manager for the offering, which was made available only through a prospectus. The SEC declared the registration statement effective on July 31, 2024.

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FAQ

What is the current stock price of AA Mission Acquisition (AAM)?

The current stock price of AA Mission Acquisition (AAM) is $10.06 as of November 14, 2024.

What is the market cap of AA Mission Acquisition (AAM)?

The market cap of AA Mission Acquisition (AAM) is approximately 441.9M.

AA Mission Acquisition Corp.

NYSE:AAM

AAM Rankings

AAM Stock Data

441.94M
43.97M
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United States of America
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