Company: NMP
Filing Date: 2025-04-09
Form Type: DRS/A
Source: 0001213900-25-030132
Chunk: 96

Company: NMP Acquisition Corp.
Filing Date: 2025-04-09
Form: DRS/A
Chunk 96
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 initial business combination. We cannot assure you that any of our key personnel will remain in senior management or advisory positions with us. The determination as to whether any of our key personnel will remain with us will be made at the time of our initial business combination. We may approve an amendment or waiver of the letter agreement that would allow our sponsor to directly, or the managing member of our sponsor to indirectly, transfer founder shares and private placement shares or membership interests in our sponsor in a transaction in which our sponsor removes itself as our sponsor before identifying an initial business combination, which may deprive us of key personnel. While there is no current intention to do so, we may approve an amendment or waiver of the letter agreement that would allow our sponsor to directly, or the managing member of our sponsor to indirectly, transfer founder shares and private placement shares or membership interests in our sponsor in a transaction in which our sponsor removes itself as our sponsor before identifying an initial business combination. As a result, there is a risk that our sponsor and our officers and directors who have an ownership interest in our sponsor may divest their ownership or economic interests in us or in our sponsor, which would likely result in our loss of certain key personnel. Any transferee would be required to agree to the transfer and non -redemptionrestrictions contained in the letter agreement, and such persons may not be released from those transfer and non -redemptionrestrictions prior to our initial business combination. There can be no assurance that any replacement sponsor or key personnel will successfully identify an initial business combination target for us, or, even if one is so identified, successfully complete such initial business combination. 64 While non -managingmembers will not be a direct party to the letter agreement, as a result of their ownership of membership interests in the sponsor, they will be bound by the restrictions discussed elsewhere in this prospectus with respect to their allocated founder shares (including the restriction on transfer of their membership interests because the letter agreement will prohibit indirect transfers). However, the non -managingsponsor members will not be subject to transfer restrictions or a lock -upagreement on any public units or public shares that they may purchase in this offering. Certain of our officers and directors are now, and all of them may in the future become, affiliated with entities engaged in business activities similar to those intended to be conducted by us and, accordingly, may have conflicts of interest in determining to which entity a particular business opportunity should be presented. Following the completion of this offering and until we consummate our initial business combination