Here are the 10-Q quarterly reports from AA Mission Acquisition Corp. II (YCY) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow YCY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full YCY filings page.
AA Mission Acquisition Corp. II (YCY) reported net income of $2,666,647 for the nine months ended September 30, 2026, primarily from interest and dividends on its Trust Account; it had no operating revenue. The net income included $3,144,303 in Trust Account dividends and $8,102 in bank interest, partly offset by $485,758 in general and administrative expenses. Third-quarter net income was $972,318.
At September 30, 2026, YCY held $119,507,276 in the Trust Account, with $151,254 in cash and cash equivalents and working capital of $25,573. It is evaluating business combination opportunities and discussing a potential transaction with a prospective target, but has entered no definitive agreement. Its completion period is 18 months from the October 2, 2025 IPO closing, or up to 24 months if extended by the full period without shareholder approval.
Management concluded that mandatory liquidation if YCY does not complete a business combination and shareholders do not approve an extension, together with liquidity issues, raises substantial doubt about its ability to continue as a going concern within one year after the financial statements are issued. The Sponsor is not obligated to provide potential Working Capital Loans. Disclosure controls were ineffective as of September 30, 2026, due to material weaknesses involving inadequate segregation of accounting duties and insufficient written policies and procedures for accounting, IT, financial reporting and bookkeeping.
AA Mission Acquisition Corp., a Cayman Islands-based blank check company, reported non-operating net income of $936,551 for the quarter and $1,694,329 for the six months ended June 30, 2026, driven by $2,062,207 of dividends and interest on its IPO proceeds invested in a Trust Account. General and administrative expenses were $104,723 for the quarter and $374,252 year-to-date.
Total assets were $118.8 million, including $118.4 million of cash and investments held in the Trust Account backing 11,500,000 Class A ordinary shares subject to redemption at $10.30 per share. Cash outside the trust was $244,932 with working capital of $135,351, while deferred underwriting commissions totaled $2,875,000. The company has not identified a business combination target and must complete a Business Combination within 18 months of its October 2, 2025 IPO (or up to 24 months if extended) or liquidate the trust and redeem public shares.
Management disclosed substantial doubt about the company’s ability to continue as a going concern absent a timely Business Combination, given limited liquidity outside the trust and ongoing public company costs. Management also concluded disclosure controls and procedures were not effective due to a material weakness from inadequate segregation of duties and insufficient written policies and procedures.
AA Mission Acquisition Corp. reported unaudited results for the quarter ended March 31, 2026. The SPAC has not yet completed a business combination and generated net income of $757,778, driven by $1,023,172 of dividends and interest on its Trust Account, partly offset by $269,529 of general and administrative expenses.
Cash and cash equivalents were $314,648 with working capital of $237,835, while the Trust Account held $117,386,145, including 11,500,000 Class A shares subject to redemption at about $10.21 per share. Management disclosed that mandatory liquidation risk and limited liquidity raise substantial doubt about the company’s ability to continue as a going concern if a business combination is not completed within the required timeframe.
As of May 12, 2026, the company had 11,860,250 Class A ordinary shares outstanding. Management also reported a material weakness in internal controls due to inadequate segregation of duties and insufficient written policies, concluding its disclosure controls and procedures were not effective.