AA Mission Acquisition II, a blank check company targeting the food and beverage industry, filed on Friday with the SEC to raise up to $100 million in an initial public offering.
The company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
AA Mission Acquisition II is led by CEO and Chairman Qing Sun, whose current roles including serving as CEO of Guizhou JS Investment and Dean of the Hainan Economic Research Institute. The SPAC plans to target the food and beverage industry, focusing on businesses with enterprise values between $200 million at $1 billion.
Management's previous SPAC, AA Mission Acquisition (AAMU), began trading in August 2024 and is still searching for a target.
The Woodlands, TX-based company was founded in 2025 and plans to list on the NYSE under the symbol YCY.U. AA Mission Acquisition II filed confidentially on July 9, 2025. Clear Street is the sole bookrunner on the deal.
