Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 6

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 6
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 the Company completed the sale of 170,000 units (the “Private Placement Units”) at a
price of $10.00 per Private Placement Unit, or $1,700,000 in the aggregate (of which, $1,550,000 was paid in cash and $150,000 was satisfied
by reduction of the principal balance underlying the promissory note issued to Next Move Capital LLC, the Company’s sponsor (the
“Sponsor”)), to the Sponsor, certain third-party investors, none of which are affiliated with the Sponsor, the Company’s
officers and directors, Maxim or any other investors (the “third-party investors”), and certain individuals who are registered
persons of Maxim (the “Maxim individuals,” together with the third party investors, the “at-risk capital investors,”
and together with the Sponsor, the “initial shareholders”) in a private placement (see Notes 4 and 5). Each Private Placement
Unit consists of one Class A ordinary share (the “Private Placement Shares”) and one right (the “Private Placement
Rights”) to receive one-fifth (1/5) of one Class A ordinary share upon the consummation of the initial Business Combination.
The Private Placement Units are identical to the Public Units, subject to certain limited exceptions.

5

NMP ACQUISITION CORP.
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 1 — DESCRIPTION OF ORGANIZATION
AND BUSINESS OPERATIONS AND GOING CONCERN (cont.)

Subsequent to the
closing of the Initial Public Offering, the underwriters exercised the over-allotment option in full, and the closing of the
issuance and sale of the additional Public Units (the “Over-Allotment Option Units,” and together with the Public Units,
the “Units”) occurred on July 10, 2025. The total aggregate issuance by the Company of 1,500,000 Over-Allotment Option
Units at a price of $10.00 per unit resulted in total gross proceeds of $15,000,000. On July 10, 2025, simultaneously with the sale
of the Over-Allotment Option Units, the Company consummated the private sale of an additional 7,500 Private Placement Units to the
Sponsor, generating gross proceeds of $75,000. In connection with the underwriters’ exercise of the over-allotment option in
full