Company: NMP
Filing Date: 2025-06-27
Form Type: S-1/A
Source: 0001213900-25-059138
Chunk: 155

Company: NMP Acquisition Corp.
Filing Date: 2025-06-27
Form: S-1/A
Chunk 155
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 is not exercised in full. The purchase price of the founder shares was determined by dividing the amount of cash contributed to the company by the number of founder shares issued. Prior to this offering, our sponsor may transfer, directly or indirectly through sponsor membership interests, founder shares, to our three independent director nominees for their board service, for nominal cash consideration. The founder shares will represent 25% of our issued and outstanding shares after this offering (excluding the private placement shares and representative shares) or approximately 24.0% (including the private placement shares and the representative shares). If we increase or decrease the size of the offering, we will effect a capitalization or share surrender or redemption or other appropriate mechanism, as applicable with respect to our Class B ordinary shares immediately prior to the consummation of the offering in such amount as to maintain the ownership of founder shares of our initial shareholders at 25% of our issued and outstanding ordinary shares upon the consummation of this offering (excluding the private placement shares and representative shares). Our sponsor does not intend to purchase any units in this offering. We will enter into an Administrative Services Agreement pursuant to which we will also agree to pay our sponsor a total of $20,000 per month for office space, administrative and support services, which may be paid from amounts released to us as permitted withdrawals, or upon completion of our initial business combination or our liquidation, assuming there is cash available. Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees. Our sponsor, officers and directors, or any of their respective affiliates, will be reimbursed for any out -of -pocketexpenses incurred in connection with activities on our behalf such as identifying potential target businesses and performing due diligence on suitable business combinations. Our audit committee will review on a quarterly basis all payments that were made to our sponsor, officers, directors or our or their affiliates and will determine which expenses and the amount of expenses that will be reimbursed. There is no cap or ceiling on the reimbursement of out -of -pocketexpenses incurred by such persons in connection with activities on our behalf. Our sponsor has agreed to loan us up to $300,000, which amount may be increased to $500,000 if we and the sponsor agree, to be used for a portion of the expenses of this offering. As of March 31, 2025, our sponsor advanced an aggregate of $60,093 in loans to us evidenced by a promissory note, of which, $25,000