Company: NMP
Filing Date: 2025-06-24
Form Type: S-1/A
Source: 0001213900-25-056927
Chunk: 255

Company: NMP Acquisition Corp.
Filing Date: 2025-06-24
Form: S-1/A
Chunk 255
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. The Companies Act distinguishes between ordinary resident companies and exempted companies. Any company that is registered in the Cayman Islands but conducts business mainly outside of the Cayman Islands may apply to be registered as an exempted company. The requirements for an exempted company are essentially the same as for an ordinary company except for the exemptions and privileges listed below: •annual reporting requirements are minimal and consist mainly of a statement that the company has conducted its operations mainly outside the Cayman Islands and has complied with the provisions of the Companies Act; •does not have to hold an annual general meeting; •does not have to make its register of members open to inspection by shareholders of that company and can be kept outside of the Cayman Islands; •an exempted company may issue shares with no nominal or par value; •may obtain an undertaking against the imposition of any future taxation; •may register by way of continuation in another jurisdiction and be deregistered in the Cayman Islands; •may register as a limited duration company; and •may register as a segregated portfolio company. “Limited liability” means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstance in which a court may be prepared to pierce or lift the corporate veil). Our Amended and Restated Memorandum and Articles of Association We are a Cayman Islands exempted company with limited liability and our affairs are governed by our memorandum and articles of association, as amended and restated from time to time, the Companies Act and the common laws of Cayman Islands. 159 Under Cayman Islands law, shareholders must pass a special resolution to amend our memorandum and articles of association. As a matter of Cayman Islands law, a special resolution is a resolution that (i) has been passed by a majority of at least two -thirds(or any higher threshold specified in a company’s articles of association) of a company’s shareholders who, being entitled to do so, attend and vote at a general meeting for which notice specifying the intention to propose the resolution as a special resolution has been given; or (ii) if so authorized by a company’s articles of association, by a unanimous written resolution of all of our shareholders who are entitled to vote on such matter (or such lower threshold as may be allowed under the Companies Act from time to time). The provisions regulating the appointment and removal of directors and continuing the company