Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 27

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 closing of the Initial Public Offering, the underwriters fully exercised the over-allotment option on July
10, 2025. As such, no additional Founder Shares were forfeited by the Sponsor. Only holders of the Founder Shares will have the right
to vote on the appointment of directors and on any resolution to approve any transfer by way of continuation in a jurisdiction outside
the Cayman Islands (including any special resolutions required to amend the constitutional documents of the Company or to adopt new constitutional
documents of the Company) prior to the Business Combination. Holders of Class A ordinary shares and Class B ordinary shares will vote
together as a single class on all matters submitted to a vote of its shareholders except as otherwise required by law or the Articles.
In connection with an initial Business Combination, the Company may enter into a shareholder agreement or other arrangement with the shareholders
of the target or other investors to provide for voting or other corporate governance arrangements that differ from those in effect upon
completion of the Initial Public Offering.

16

NMP ACQUISITION CORP.
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 7 — SHAREHOLDER’S DEFICIT
(cont.)

The Founder Shares are designated
as Class B ordinary shares and will automatically convert at a ratio of one-for-one into Class A ordinary shares (which such
Class A ordinary shares issued upon conversion will not have redemption rights or be entitled to liquidating distributions from the
Trust Account if the Company does not consummate an initial Business Combination) at the time of an initial Business Combination, or earlier
at the option of the holder.

In the case that additional
Class A ordinary shares, or any other equity-linked securities, are issued or deemed issued in excess of the amounts sold in the Initial
Public Offering and related to or in connection with the closing of the initial Business Combination, the ratio at which Class B ordinary
shares will convert into Class A ordinary shares will be adjusted (unless the holders of a majority of the issued and outstanding Class
B ordinary shares agree to waive such anti-dilution adjustment with respect to any such issuance or deemed issuance) so that the number
of Class A ordinary shares issuable upon conversion of all Class B ordinary shares will equal, in the aggregate, on an as-converted basis,
25% of the sum of (i) all Class A ordinary shares issued and outstanding upon the completion of this offering (including any Class A ordinary
shares issued pursuant to the underwriters’