Company: NMP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075714
Chunk: 87

Company: NMP Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part II, Item 1
Chunk 87
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Item 1. Legal Proceedings.

None.

Item 1A. Risk Factors.

In addition to the other information set forth in this report, you should
carefully consider the factors discussed in “Risk Factors” of our Prospectus, dated June 30, 2025, which could materially
affect our business, financial condition or future results. There have been no material changes during the 2025 fiscal year to the risk
factors that were included in the Prospectus.

Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds.

Unregistered Sales of Equity Securities

There are no transactions
that have not been previously included in a Current Report on Form 8-K.

Use of Proceeds

On
July 2, 2025, we consummated the IPO of 10,000,000 Units, at a purchase price of $10.00 per Public Share, generating proceeds of $100,000,000.
Subsequently, the underwriters exercised the over-allotment option in full, and the closing of the issuance and 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