Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 98

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 2
Chunk 98
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 Private Placement.

For the nine months ended
September 30, 2025, cash provided by financing activities was $115,892,218, which is the proceeds from the IPO and the Private Placement,
net of offering costs. 

Going Concern Consideration

At September 30, 2025, the
Company had cash of $440,824 and working capital of $566,713.

Subsequent to the consummation
of the IPO, including the exercise of the underwriters’ over-allotment option in full, the Company’s liquidity has been satisfied
through the net proceeds from the consummation of the IPO and the Private Placement held outside of the Trust Account. In addition, in
order to finance transaction costs in connection with a business combination, the Sponsor or an affiliate of the Sponsor, or certain of
the Company’s officers and directors may, but are not obligated to, provide the Company additional loans to finance transaction
costs in connection with an initial business combination, except such amounts as may be loaned in accordance with the terms of the Note.

Based on the foregoing, management
believes that the Company will have sufficient working capital and borrowing capacity to meet its needs through the earlier of the consummation
of a business combination or one year from the date of the IPO. Over this time period, the Company may use such amounts that may be released
to the Company from the Trust Account as permitted withdrawals and additional loans, if any, and will otherwise use the funds held outside
of the Trust Account to pay for existing accounts payable, identifying and evaluating prospective initial business combination candidates,
performing due diligence on prospective target businesses, paying for travel expenditures, selecting the target business to merge with
or acquire, and structuring, negotiating and consummating the business combination.

Off-Balance Sheet Financing Arrangements

We have no obligations, assets
or liabilities, which would be considered off-balance sheet arrangements as of September 30, 2025. We do not participate in transactions
that create relationships with unconsolidated entities or financial partnerships, often referred to as variable interest entities, which
would have been established for the purpose of facilitating off-balance sheet arrangements. We have not entered into any off-balance sheet
financing arrangements, established any special purpose entities, guaranteed any debt or commitments of other entities, or purchased any
non-financial assets.

Related Party Transactions

Refer to “Note 5 –
Related Party Transactions” in the unaud