Company: NMP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075714
Chunk: 25

Company: NMP Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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 The Company will not issue fractional shares in connection with an exchange of rights. Fractional shares
will be rounded down to the nearest whole share.

NOTE 9 — SEGMENT INFORMATION

ASC Topic 280, Segment
Reporting, establishes standards for companies to report, in their financial statements, information about operating segments, products,
services, geographic areas, and major customers. Operating segments are defined as components of an enterprise that engage in business
activities from which it may recognize revenues and incur expenses, and for which separate financial information is available that is
regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess
performance.

The Company’s chief operating
decision maker (“CODM”) has been identified as the Chief Executive Officer, who reviews the assets, operating results, and
financial metrics for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly,
management has determined that the Company only has one reporting segment.

The CODM assesses performance
for the single segment and decides how to allocate resources based on net income or loss that also is reported on the statement of operations
as net income or loss. The measure of segment assets is reported on the balance sheet as total assets. When evaluating the Company’s
performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss
and total assets.

Formation and operating expenses
are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business combination
or similar transaction within the business combination period. The CODM also reviews formation and operating expenses to manage, maintain
and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. Formation and operating expenses, as
reported on the statement of operations, are the significant segment expenses provided to the CODM on a regular basis.

All other segment items included
in net loss are reported on the statement of operations and described within their respective disclosures.

NOTE 10 — SUBSEQUENT EVENTS

The Company evaluated subsequent
events and transactions that occurred after the balance sheet date through the date that the financial statements were available to be
issued. Based upon this review, except as noted below, the Company did not identify any other subsequent events that would have required
adjustment or disclosure in the financial statements.

On July 2, 2025, the Company
consummated its Initial Public Offering of 10,000,000 Public Units (each