Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 78

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 78
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 Sponsor, at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds of $75,000.

Transaction costs amounted to $5,457,575, consisting of $537,500 of
cash underwriting fees, $4,600,000 of fair value of shares issued to the designee of the representative of the several underwriters, and
$320,075 of other offering costs.

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 dissolution expenses, to complete our initial business combination. To the extent that our share capital
or debt is used, in whole or in part, as consideration to complete an initial business combination, the remaining proceeds held in the
Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions
and pursue our growth strategies.

We will use the funds held
outside of the Trust Account and other sources of available capital, including the Note and any additional loans, and amounts of interest
earned on the Trust Account that may be released to us as permitted withdrawals, primarily to identify and evaluate target businesses,
perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective
target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses,
structure, negotiate and complete a business combination, and to pay taxes to the extent the interest earned on the Trust Account is not
sufficient to pay our taxes.

We expect our primary liquidity
requirements over the next 12 months   to include fees and expenses associated with satisfying
our financial reporting obligations; legal, accounting, due diligence, travel and other expenses associated with structuring, negotiating
and documenting successful business combinations; and general working capital that will be used for miscellaneous expenses, general corporate
purposes, liquidation obligations and reserves net of estimated interest income.

20

We expect to satisfy our liquidity
requirements with cash on hand, from permitted withdrawals of interest earned on the amounts held in the Trust Account in an amount up
to $300,000 and, if necessary, additional loans from our sponsor. If our available funds are not sufficient, we may be unable to continue
searching for, or conducting due diligence with respect to, prospective target businesses. Moreover, if our estimates of the costs of
identifying a target business, undertaking in-depth due diligence and negotiating