Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 94

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 2
Chunk 94
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 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 the Trust Account – and/or to pay our income and franchise taxes, if any,
provided that all withdrawals may only be made from interest and not from the principal held in the Trust Account (collectively, “permitted
withdrawals”)), to complete our initial business combination. Except with respect to permitted withdrawals and/or pay 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 other provision relating to the rights of the holders of Class A ordinary shares or pre-initial
business combination activity; and (e) the redemption of all of the Company’s public shares if it is unable to complete its business
combination by January 2, 2027 (or such later date if extended), subject to applicable law and the provisions of the Amended Charter.

We have incurred and expect
to continue to incur significant costs in the pursuit of our acquisition plans. We cannot assure you that our plans to complete a business
combination will be successful.

Results of Operations and Known Trends or Future
Events

We have neither engaged in
any operations nor generated any revenues to date. Our only activities since December 18, 2024, the date of the Company’s inception,