Company: NMP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075714
Chunk: 28

Company: NMP Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 28
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 business combination target in any business, industry and geographic location. We have not selected any business
combination target, and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with
any business combination target. We intend to effectuate our initial business combination using cash from the proceeds of our initial
public offering (“IPO”) and the private placement of private placement units (the “Private Placement”), our shares,
debt or a combination of cash, shares and debt. We will have up to 18 months from the closing of the IPO to consummate an initial
business combination. We may also hold a shareholder vote at any time to amend our amended and restated memorandum and articles of association
(the “Amended Charter”) to modify the amount of time we will have to consummate an initial business combination (as well as
to modify the substance or timing of our obligation to allow redemption in connection with an initial business combination or to redeem
100% of our shares issued in the IPO (the “public shares”) if we have not consummated an initial business combination within
the time periods described herein or with respect to any other material provisions relating to the rights of holders of Class A ordinary
shares or pre-initial business combination activity).

Following the closing of the IPO and over-allotment option, an amount
of $115,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units in the IPO and the Private Placement was placed in a
trust account (the “Trust Account”). The funds in the Trust Account will be invested or held only in either (i) U.S. government
treasury bills with a maturity of 185 days or less, or in money market funds meeting certain conditions under Rule 2a-7 under
the Investment Company Act of 1940, as amended, 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 interest earned on the funds held in the Trust Account that may be released to us to fund our working capital requirements –
subject to a limit of $300,000, in the aggregate, of the interest earned on the funds held in