AA Mission Acquisition Corp. II filed its quarterly report on Form 10-Q with the SEC on October 29, 2026, covering the period ended September 30, 2026, disclosing financial results and balance sheet data for the blank-check company listed on NYSE:YCY.

Key Highlights

  • Trust Account Balance: Cash and investments held in Trust Account totaled $119,507,276 as of September 30, 2026, up from $116,362,973 at December 31, 2025.
  • Net Income: The company reported net income of $972,318 for the three months ended September 30, 2026, and net income of $2,666,647 for the nine months ended September 30, 2026.
  • General and Administrative Expenses: G&A expenses were $111,506 for the three months ended September 30, 2026, and $485,758 for the nine-month period.
  • Redemption Price: 11,500,000 Class A ordinary shares were subject to possible redemption at $10.39 per share as of September 30, 2026, compared with $10.12 per share at December 31, 2025.
  • Shares Outstanding: As of October 29, 2026, the registrant had 11,860,250 Class A ordinary shares and 2,875,000 Class B ordinary shares issued and outstanding.
  • Accumulated Deficit: Shareholders' deficit stood at $(2,849,427), reflecting an accumulated deficit of $(2,849,751) as of September 30, 2026.
  • Trust Dividends: The company earned $1,082,096 in dividends on cash and investments held in Trust for the three months ended September 30, 2026, and $3,144,303 for the nine-month period.

AA Mission Acquisition Corp. II Financial Position and Results for the Quarter Ended September 30, 2026

According to the filing, AA Mission Acquisition Corp. II, a Cayman Islands blank-check company headquartered in The Woodlands, Texas, reported total assets of $119,793,989 as of September 30, 2026, compared with $117,222,948 at December 31, 2025. The company disclosed that the substantial majority of those assets, $119,507,276, were held in the Trust Account, which increased from $116,362,973 at year-end 2025. Cash and cash equivalents outside the Trust fell to $151,254 from $649,431 over the same period.

The filing reported that dividends earned on cash and investments held in the Trust Account were the primary source of other income, totaling $3,144,303 for the nine months ended September 30, 2026. General and administrative expenses of $485,758 for the nine-month period resulted in a loss from operations of $(485,758), which was more than offset by trust dividends and bank interest of $8,102, yielding net income of $2,666,647 for the nine-month period, according to the filing. For the comparable period from May 20, 2025 (inception) through September 30, 2025, the company reported a net loss of $(131,935), with no trust dividends recorded in that period.

The filing also disclosed that total current liabilities were $261,140 as of September 30, 2026, including accrued expenses of $16,127 and amounts due to a related party of $245,013. Deferred underwriting commissions of $2,875,000 remained unchanged as a non-current liability. The company identified itself as a smaller reporting company, a non-accelerated filer, and an emerging growth company, and indicated it is a shell company as defined under Rule 12b-2 of the Exchange Act. The filing notes that forward-looking statements are subject to risks described in the company's prospectus dated October 2, 2025, and subsequent regulatory filings.

What Was Disclosed

The Form 10-Q for the quarter ended September 30, 2026, disclosed AA Mission Acquisition Corp. II's unaudited balance sheet, income statement, and related financial data, reflecting trust account growth, net income driven by trust dividends, and an ongoing shareholders' deficit.