AA Mission Acquisition II, a blank check company targeting the food and beverage industry, raised $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.
AA Mission Acquisition II plans to list on the NYSE under the symbol YCY.U. Clear Street acted as sole bookrunner on the deal.
