AA Mission Acquisition, a blank check company targeting businesses in Asia, raised $300 million by offering 30 million units at $10. Each unit consists of one share of common stock and one-half of a warrant.
AA Mission Acquisition is led by CEO and Chairman Qing Sun, whose current roles including serving as Chairman of Guizhou JS Investment and President of the Hainan Economic Research Institute. While it has not selected a target industry, the SPAC plans to focus on businesses in Asia with enterprise values between $500 million and $3 billion.
AA Mission Acquisition plans to list on the NYSE under the symbol AAMU. Clear Street acted as sole bookrunner on the deal.
