AA Mission announced the pricing of its $300 million IPO and its units are expected to begin trading on the NYSE under the symbol “AAMU”, Thursday, August 1, 2024.
The new SPAC aims to combine with a food and beverage target and has focused its search on Asia where its team has particular expertise.
AA Mission’s sponsor team is to be led by Chairman and CEO Qing Sun alongside CFO Shibin Fang. Zhongxuan Li, Daoyong Xing, Zhenxing Wang, and Wenzhong Zhao are to serve on its Board of Directors.
Total SPAC deal count for 2024 year-to-date is now 22. This offering is expected to close on Friday, August 2, 2024.
Clear Street is acting as the sole book-running manager for the offering. Winston & Strawn LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. UHY LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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