AA MISSION ACQUISITION CORP. ANNOUNCES RESULTS OF EXTRAORDINARY GENERAL MEETING AND REDEMPTION OF PUBLIC SHARES

Rhea-AI Summary

AA Mission Acquisition Corp (NYSE: AAM) announced shareholders voted down proposals to extend its combination period and trust agreement on Jan 28, 2026. Shareholders redeemed 24,561,733 Class A shares for approximately $262,073,691 (about $10.67 per share). The company intends to dissolve, redeem all public shares effective Feb 13, 2026, and expects to delist and terminate SEC registration.

Positive

• Approximately $262,073,691 to be returned to public shareholders
• Expected per-share redemption of approximately $10.67
• Clear timeline: public shares redeemable and cancelled by Feb 2 and Feb 13, 2026

Negative

• Proposals to extend combination period failed to pass
• Company intends to dissolve and liquidate operations
• NYSE delisting and SEC registration termination expected
• Warrants will not be redeemed and retain no redemption rights

News Market Reaction

%

1 alert

% News Effect

On the day this news was published, AAM declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Redemptions at meeting: 24,561,733 shares Trust cash outflow: $262,073,691 Redemption price: $10.67 per share +5 more

8 metrics

Redemptions at meeting 24,561,733 shares Class A ordinary shares redeemed for trust value at the January 28, 2026 meeting

Trust cash outflow $262,073,691 Expected amount removed from Trust Account to pay redeeming holders

Redemption price $10.67 per share Pro rata Trust Account distribution for redeemed public shares

Public share redemption 100% of public shares All outstanding Class A public shares to be redeemed upon liquidation

Extension window sought Up to 12 months Proposed extensions from February 2, 2026 to February 2, 2027

Liquidation trigger date February 2, 2026 Deadline to consummate an initial business combination under Articles

Final redemption effective February 13, 2026 Effective date for redeeming all outstanding public shares

Redemption rights on warrants None No redemption rights for company’s warrants upon liquidation

Market Reality Check

Price: $10.66 Vol: Volume 14,823 vs 20-day a...

low vol

$10.66 Last Close

Volume Volume 14,823 vs 20-day average 73,667, indicating relatively light trading ahead of this announcement. low

Technical Shares traded above the 200-day MA of 10.48, with price at 10.672 and near the $10.67 stated redemption level.

Peers on Argus

AAM showed a 0% move while peers in the Blank Checks/Shell Companies group were ...

AAM showed a 0% move while peers in the Blank Checks/Shell Companies group were mixed, with individual moves between about -0.93% and 0.24%, suggesting today’s news impact was company-specific rather than sector-driven.

Previous Acquisition Reports

1 past event · Latest: Sep 11 (Neutral)

Same Type Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Sep 11	Units begin separate trading	Neutral	+0.0%	Allowed separate trading of Class A shares and warrants from prior units.

Pattern Detected

Limited history: the prior tagged event around trading structure changes saw a 0% move, indicating muted market reactions to structural announcements so far.

Recent Company History

Over the past several months, AA Mission Acquisition Corp. primarily reported structural milestones rather than operating developments. On September 11, 2024, it announced separate trading of its Class A shares and warrants, with units continuing under a combined symbol. That event produced a 0% 24-hour move. Today’s announcement of shareholder rejection of extension proposals and the planned redemption and liquidation fits into this trajectory of transaction-focused updates rather than business combinations.

Historical Comparison

acquisition

+0.0 %

Average Historical Move

Historical Analysis

Past acquisition-tagged news for AAM, such as the unit separation in 2024, led to an average 0% move, suggesting historically muted reactions to structural announcements.

Typical Pattern

The company’s acquisition-tag history centers on SPAC structural steps, from enabling separate share and warrant trading toward an eventual wind-down and return of trust capital when no business combination closed.

Market Pulse Summary

This announcement confirms that extension proposals failed and AA Mission Acquisition Corp. will red...

Analysis

This announcement confirms that extension proposals failed and AA Mission Acquisition Corp. will redeem all public shares at about $10.67 and proceed to liquidation, leaving warrants without redemption rights. The stock had been trading close to trust value, and prior acquisition-tagged news generated an average 0% move. Investors following this situation may focus on the mechanics and timing of redemptions, the NYSE delisting process, and SEC deregistration via Form 25 and Form 15 filings.

Key Terms

investment management trust agreement, trust account, form 25, form 15

4 terms

investment management trust agreement financial

"to amend the Investment Management Trust Agreement, dated as of August 2, 2024"

A written contract that names who will run and make investment decisions for a trust’s assets, spells out their authority, duties, fees and how performance and risks will be handled. It matters to investors because it defines who is responsible for growing and protecting the money—like hiring a caretaker with a clear job description—and sets the rules and safeguards that affect returns, costs and how disputes or withdrawals are resolved.

trust account financial

"exercised their right to redeem such shares for a pro rata portion of the Trust Account"

A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.

form 25 regulatory

"expects that NYSE will file a Form 25 with the United States Securities and Exchange Commission"

A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.

form 15 regulatory

"The Company thereafter expects to file a Form 15 with the SEC"

A Form 15 is a short filing a public company uses with the U.S. Securities and Exchange Commission to stop or pause its routine public reporting requirements when it meets certain legal thresholds (such as a low number of public shareholders) or other qualifying conditions. Investors should care because filing one typically means less public financial information and lower trading liquidity—similar to a shop taking down its public notice board, making it harder to track performance and buy or sell shares.

AI-generated analysis. Not financial advice.

WOODLANDS, TEXAS, Jan. 29, 2026 (GLOBE NEWSWIRE) -- AA Mission Acquisition Corp. (NYSE: AAM) (the “Company”) today announced the results of the extraordinary general meeting of its shareholders held on January 28, 2026 to vote on proposals to (a) amend the Company’s second amended and restated memorandum and articles of association (the “Articles”) currently in effect to give the Company the right to extend the combination period from February 2, 2026 up to 12 times, up to February 2, 2027 (the “Extension Amendment”) and (b) to amend the Investment Management Trust Agreement, dated as of August 2, 2024 (the “Trust Agreement”), by and between the Company and Continental Stock Transfer & Trust Company, as trustee, to permit the Company to extend the duration of the Trust Agreement (the “Trust Agreement Amendment Proposal” and together with the Extension Amendment, the “Proposals”). The Proposals did not receive the requisite number of votes required to pass, and therefore, the existing Articles and Trust Agreement remain unchanged and no amendments will be made.

In connection with the meeting, shareholders holding 24,561,733 Class A ordinary shares issued as part of the units in the Company’s initial public offering exercised their right to redeem such shares for a pro rata portion of the Trust Account. As a result, approximately $262,073,691 (or approximately $10.67 per share) is expected to be removed from the Trust Account to pay such holders.

The Company intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Memorandum and Articles of Association. As part of that dissolution and liquidation, the Company also announced that it will redeem all of its outstanding Class A ordinary shares sold as part of the units in the Company’s initial public offering (whether they were purchased in the initial public offering or thereafter in the open market) (the “public shares”), effective as of the close of business on February 13, 2026, because the Company anticipates it will not consummate an initial business combination within the time period required by the Articles. Pursuant to the Articles, if the Company does not consummate an initial business combination by February 2, 2026, the Company will, as promptly as reasonably possible redeem 100% of the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account including interest earned on the funds held in the Trust Account not previously released to the Company to pay its taxes, divided by the number of then public shares in issue, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further distributions, if any). The per-share redemption price for the public shares is expected to be approximately $10.67 (the “Redemption Amount”). As of the close of business on February 2, 2026, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.

The Redemption Amount will be payable to the holders of the public shares upon presentation of their respective stock or unit certificates or other delivery of their shares or units to the Company’s transfer agent, Continental Stock Transfer & Trust Company. Beneficial owners of public shares held in “street name,” however, will not need to take any action in order to receive the Redemption Amount.

There will be no redemption rights with respect to the Company’s warrants. The Company’s initial stockholders have waived their redemption rights with respect to its outstanding ordinary shares issued before the Company’s initial public offering.

The Company expects that NYSE will file a Form 25 with the United States Securities and Exchange Commission  (the “SEC”) to delist its securities. The Company thereafter expects to file a Form 15 with the SEC to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended.

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.

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.

Contact:

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

FAQ

What did AA Mission Acquisition Corp (AAM) shareholders vote on January 28, 2026?

Shareholders voted on extending the combination period and amending the Trust Agreement; both proposals failed. According to the company, neither the Extension Amendment nor the Trust Agreement Amendment received the requisite votes, so current governance documents remain unchanged.

How much will AA Mission Acquisition Corp (AAM) pay per public share on redemption?

The per-share redemption is expected to be approximately $10.67. According to the company, roughly $262,073,691 will be removed from the Trust Account to fund redemptions of redeemed Class A shares.

When will AA Mission Acquisition Corp (AAM) redeem and cancel its public shares?

Public shares will be deemed cancelled as of Feb 2, 2026 and redeemed effective close of business Feb 13, 2026. According to the company, holders will receive the Redemption Amount upon surrendering certificates or via transfer agent processes for street-name holders.

Will AA Mission Acquisition Corp (AAM) remain listed after the redemption?

The company expects NYSE to file a Form 25 to delist its securities and then file a Form 15 to terminate registration. According to the company, these filings are expected as part of its planned dissolution and liquidation.

Do AA Mission Acquisition Corp (AAM) warrants have redemption rights in the liquidation?

No, there will be no redemption rights for the company’s warrants as part of this process. According to the company, only Class A public shares will be redeemed for the Redemption Amount; warrants remain outstanding without redemption.