Company: NMP
Filing Date: 2025-07-02
Form Type: 424B4
Source: 0001213900-25-060721
Chunk: 44

Company: NMP Acquisition Corp.
Filing Date: 2025-07-02
Form: 424B4
Chunk 44
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 our initial shareholders, officers, directors and director nominees have agreed that they will not propose any such amendment unless we provide our public shareholders (excluding our sponsor, initial shareholders, officers and directors to the extent they acquire public shares, either in this offering or in secondary market transactions thereafter) with the opportunity to redeem their public shares upon the effectiveness of any such amendment at a per share price, payable in cash, equal to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account (which interest shall be net of permitted withdrawals), divided by the number of then-outstanding public shares, subject to the limitations described herein. There is no limit on the number of extensions we may seek. If we do not or are unable to extend the time period to consummate our initial business combination, our sponsor’s investment in our founder shares and our private placement units will be worthless. |
| Anticipated expenses and funding sources                        |     | Except as described above with respect to the payment of taxes, unless and until we complete our initial business combination, no proceeds held in the trust account will be available for our use. The proceeds held in the trust account will be invested only in U.S. government securities with a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act which invest only in direct U.S. government treasury obligations or in an interest bearing or non-interest bearing demand deposit account. We will disclose in each quarterly and annual report filed with the SEC prior to our initial business combination whether the proceeds deposited in the trust account are invested in U.S. government treasury obligations, an interest bearing or non-interest bearing demand deposit account or money market funds or a combination thereof. Based upon current interest rates, we expect the trust account to generate approximately $6.135 million of interest annually assuming an interest rate of 4.09% per year; however, we can provide no assurances regarding this amount. Unless and until we complete our initial business combination, we may pay our expenses only from:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
 •   the net proceeds of this offering and the sale of the private placement units not held in the trust account, which will be approximately $400,000 in working capital (whether or not the underwriters’ over-allotment option is exercised) after the payment of approximately $800,000 in expenses (not including underwriting commissions) relating to this offering; and