Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 26

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 26
---
 connection with the underwriters’
exercise of the over-allotment option in full, the Company also issued an additional 60,000 Representative Shares to the designee of the
representative of the underwriters as part of the underwriting compensation relating to the closing of the over-allotment option and sale
and issuance of the Over-Allotment Option Units.

NOTE 7 — SHAREHOLDER’S DEFICIT

Preference Shares — The
Company is authorized to issue 5,000,000 preference shares with a par value of $0.0001 per share with such designations, voting and other
rights and preferences as may be determined from time to time by the Board. As of September 30, 2025 and December 31, 2024, there
were no preference shares issued or outstanding.

Class A Ordinary Shares — The
Company is authorized to issue 500,000,000 Class A ordinary shares with a par value of $0.0001 per share. Holders of Class A
ordinary shares are entitled to one vote for each share. As of September 30, 2025 and December 31, 2024, there were 637,500 and 0,
respectively, Class A ordinary shares issued and outstanding, which excludes 11,500,000 Class A ordinary shares subject to possible
redemption as of September 30, 2025.

Class B Ordinary Shares — The
Company is authorized to issue 50,000,000 Class B ordinary shares with a par value of $0.0001 per share. Holders of Class B
ordinary shares are entitled to one vote for each share. On January 13, 2025, the Sponsor received 3,833,333 of the Company’s Class
B ordinary shares as Founder Shares for a payment of $25,000. On January 16, 2025, the Company repurchased the subscriber share at par
value.  On June 30, 2025, the Sponsor forfeited 650,000 Founder Shares and at-risk capital investors purchased 650,000 Founder
Shares for an aggregate purchase price of approximately $4,239, which resulted in the Sponsor owning 3,183,333 Founder Shares. Up to 500,000
Founder Shares were subject to forfeiture by the Sponsor depending on the extent to which the underwriters’ over-allotment option
was exercised. Following the