Company: NMP
Filing Date: 2025-06-12
Form Type: S-1/A
Source: 0001213900-25-053533
Chunk: 291

Company: NMP Acquisition Corp.
Filing Date: 2025-06-12
Form: S-1/A
Chunk 291
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 ordinary shares), at $10.00 per Public Unit (or 11,500,000 Public Units if the underwriters’ over -allotmentoption is exercised in full), which is discussed in Note 3, and the sale of 80,000 units, the “Private Placement Units,” at a price of $10.00 per Private Placement Unit, or $800,000 in the aggregate, to the Company’s sponsor, Next Move Capital LLC (the “Sponsor”) and certain individuals who are registered persons of the underwriter in a private placement that will close simultaneously with the closing of this offering. Each Private Placement Unit will consist of one Class A ordinary share (the “Private Placement Shares”) and one right (the “Private Placement Rights”) to receive one -fifth(1/5) of a Class A ordinary share upon the consummation of an initial Business Combination. The Private Placement Units will be identical to the Public Units, subject to certain limited exceptions. The Company’s management has broad discretion with respect to the specific application of the net proceeds of this offering and the sale of the Private Placement Units, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. The stock exchange listing rules require that the Business Combination must be with one or more operating businesses or assets with a fair market value equal to at least 80% of the net assets held in the Trust Account (as defined below) (excluding income and franchise taxes payable on the income earned on the Trust Account). The Company will only complete a Business Combination if the post -BusinessCombination company owns or acquires 50% or more of the issued and outstanding voting securities of the target or otherwise acquires a controlling interest in the target business sufficient for it not to be required to register as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”). There is no assurance that the Company will be able to successfully effect a Business Combination. Upon the closing of the Proposed Public Offering, management has agreed that $9.90 per Public Share sold in the Proposed Public Offering, including proceeds of the sale of the Private Placement Units, will be held in a trust account (the “Trust Account”) and initially invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity of 185 days or less, or in any open -endedinvestment company that holds itself out as a