Company: NMP
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001213900-25-011477
Chunk: 273

Company: NMP Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 273
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 to certain limited exceptions. The proceeds from the sale of the Private Placement Units will be added to the net proceeds from the Proposed Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Private Placement Units held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law), and the Private Placement Units will expire worthless. The Private Placement Units will not be transferable, assignable or salable until (A) with respect to 50% of the Private Placement Units (and the securities comprising such units), the earlier of six months after the completion of an initial Business Combination and the date on which the closing price of the Class A ordinary shares equals or exceeds $12.00 per share (as adjusted for share sub -divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within any 30 -tradingday period commencing after an initial Business Combination and (B) with respect to the remaining 50% of the Private Placement Units (and the securities comprising such units), six months after the completion of an initial Business Combination, or earlier, in either case, if, subsequent to an initial Business Combination, the Company completes a liquidation, merger, share exchange or other similar transaction that results in all of its shareholders having the right to exchange their Class A ordinary shares for cash, securities or other property, subject to certain exceptions. NOTE 5 — RELATED PARTIES Founder Shares On January 13, 2025, the Sponsor received 3,833,333 of the Company’s Class B ordinary shares (the “Founder Shares”) as consideration for $25,000 in advances to cover expenses. Up to 500,000 Founder Shares are subject to forfeiture by the holders thereof depending on the extent to which the underwriters’ over -allotmentoption is exercised, so that the number of Founder Shares will collectively represent 25% of the Company’s issued and outstanding shares upon the completion of the Proposed Public Offering (assuming the Sponsor does not purchase any units in the Proposed Public Offering and excluding the Class A ordinary shares comprising part of the Private Placement Units and the Class A ordinary shares underlying the Private Placement Rights). The Sponsor has agreed not to transfer, assign or sell any of their Founder Shares and any Class A ordinary shares issuable upon conversion thereof until (A) with respect to 50% of the Founder Shares, the earlier of six months