Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 84

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 84
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, which invest only in direct U.S. government
treasury obligations, (ii) as uninvested cash, or (iii) an interest bearing bank demand deposit account or other accounts at
a bank. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned
on the Trust Account (which interest shall be net of permitted withdrawals and up to $100,000 of interest to pay dissolution expenses),
to complete our initial business combination. Except with respect to permitted withdrawals and/or dissolution expenses, the proceeds from
the IPO and Private Placement held in the Trust Account will not be released until the earliest of (a) the completion of our initial business
combination; (b) the redemption of any of the public shares in connection with any vote on a proposed business combination in accordance
with the provisions of our Amended Charter; (c) the repurchase of shares by means of a tender offer pursuant to the Amended Charter (d)
the redemption of any of our public shares in connection with a shareholder vote to amend the Amended Charter (i) to modify the substance
or timing of our obligation to allow redemption in connection with our initial business combination or redeem 100% of its public shares
if we do not consummate its initial business combination by January 2, 2027 (or such later date if extended), or (ii) with respect to
any other provision relating to the rights of the holders of Class A ordinary shares or pre-initial business combination activity; and
(e) the redemption of all of the Company’s public shares if it is unable to complete its business combination by January 2, 2027
(or such later date if extended), subject to applicable law and the provisions of the Amended Charter.

The remaining proceeds from
the IPO and the Private Placement are held outside the Trust Account. Such funds are being used primarily to enable us to identify a target
and to negotiate and consummate our initial business combination.

There
has been no material change in the planned use of the proceeds from the IPO and the Private Placement as is described in the Prospectus.

Item 3. Defaults Upon Senior Securities.

None.

Item 4. Mine Safety Disclosures.

Not applicable.

Item 5. Other Information.

None of the Company’s
directors or officers adopted, modified or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement during
the Company’s fiscal quarter