Company: NMP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075714
Chunk: 37

Company: NMP Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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 sale of the Over-Allotment
Option Units closed on July 10, 2025, generating gross proceeds of $15,000,000. The securities in the offering were registered under the
Securities Act on a registration statement on Form S-1 (File No. 333-286985) (as amended, the “Registration Statement”). The
Registration Statement was declared effective on June 30, 2025.

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 (including the
Over-Allotment Option Units) in the IPO and the Private Placement was placed in 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 permitted withdrawals and up to $100,000 of interest to pay dissolution expenses),
to complete our initial business combination. Except with respect to permitted withdrawals and/or dissolution expenses, the proceeds from
the IPO and Private Placement held in the Trust Account will not be released until the earliest of (a) the completion of our initial business
combination; (b) the redemption of any of the public shares in connection with any vote on a proposed business combination in accordance
with the provisions of our Amended Charter; (c) the repurchase of shares by means of a tender offer pursuant to the Amended Charter (d)
the redemption of any of our public shares in connection with a shareholder vote to amend the Amended Charter (i) to modify the substance
or timing of our obligation to allow redemption in connection with our initial business combination or redeem 100% of its public shares
if we do not consummate its initial business combination by January 2, 2027 (or such later date if extended), or (ii) with respect to
any