Company: NMP
Filing Date: 2025-06-12
Form Type: S-1/A
Source: 0001213900-25-053533
Chunk: 156

Company: NMP Acquisition Corp.
Filing Date: 2025-06-12
Form: S-1/A
Chunk 156
---
 pursuant to Rule 462(b) under the Securities Act, we will effect a share capitalization or a share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation of the offering in such amount as to maintain the ownership of founder shares by our initial shareholders, or an as -convertedbasis, at 25% of our issued and outstanding ordinary shares upon the consummation of this offering. Such dilution could materially increase to the extent that the anti -dilutionprovision of the founder shares resulted in the issuance of Class A ordinary shares on a greater than one -to-onebasis upon conversion of the founder shares at the time of our initial business combination to maintain the number of founder shares at 25% (as described above). (2)Our sponsor may issue non -managingmembership interests in our sponsor, representing indirect interests to acquire private placement units and founder shares, in a private placement that will close at or prior to the consummation of this offering. Subject to each non -managingsponsor member indirectly acquiring, through non -managingsponsor membership interests, an interest in the private placement units allocated to it in connection with the closing of this offering, the sponsor may issue membership interests at a nominal purchase price to the non -managingsponsor members reflecting interests in founder shares held by the sponsor. In addition, our independent directors will receive for their services as a director an indirect interest in the founder shares through membership interests in our sponsor. Other than our management team, none of the other members of our sponsor will participate in our activities. The non -managingsponsor members, if any, and independent directors will have no right to vote the Class B ordinary shares that they hold indirectly through the ownership of membership interests in the sponsor.

99

Because our sponsor acquired the founder shares at a nominal price, our public shareholders will incur immediate and substantial dilution upon the closing of this offering. Further, the Class A ordinary shares issuable in connection with the conversion of the founder shares may result in material dilution to our public shareholders due to the anti -dilutionrights of our founder shares that may result in an issuance of Class A ordinary shares on a greater than one -to-onebasis upon conversion. Additionally, our public shareholders may experience dilution from the conversion of the 80,000 private placement rights into 16,000 Class A ordinary shares (whether or not the underwriters’ over -allotmentoption