AA Mission Acquisition II (YCY.U) said late Thursday it closed its initial public offering of 10 million units at $10 apiece for gross proceeds of $100 million.

Each unit comprises one class A ordinary share and half of a redeemable warrant, with trading set to start Oct. 1, under the ticker YCY.U, the company said.

The company granted underwriters a 45-day overallotment option to buy up to an additional 1.5 million units.

Once separate trading begins, the shares and warrants will trade under YCY and YCY.W, respectively, it added.