Company: NMP
Filing Date: 2025-06-05
Form Type: S-1/A
Source: 0001213900-25-051324
Chunk: 18

Company: NMP Acquisition Corp.
Filing Date: 2025-06-05
Form: S-1/A
Chunk 18
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ptions of Class A ordinary shares by public shareholders in connection with an initial business combination or certain amendments to our amended and restated articles of association prior to an initial business combination; provided that such conversion of founder shares will never occur on a less than one -for-onebasis. If we increase or decrease the size of the offering 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)Of the Class B ordinary shares, (i) the Maxim individuals will own an aggregate of 335,000 Class B ordinary shares (whether or not the underwriters’ over -allotmentoption is exercised) and (ii) the independent directors will own, indirectly an aggregate of 150,000 Class B ordinary shares held by the sponsor as compensation for their services as directors. The independent directors will have no right to vote the Class B ordinary shares that they hold indirectly through their Class A membership interests in the sponsor. (3)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. Because our initial shareholders 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