Company: NMP
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001213900-25-011477
Chunk: 272

Company: NMP Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 272
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31, 2024. Rights The Company accounts for the Public Rights issued in connection with the Proposed Public Offering and the Private Placement Rights in accordance with the guidance contained in FASB ASC 815, “Derivatives and Hedging”. Under ASC 815 -40, the Public Rights and the Private Placement Rights meet the criteria for equity treatment and as such will be recorded in shareholders’ equity. If the Public Rights and Private Placement Rights no longer meet the criteria for equity treatment, they will record as a liability and remeasured each period with changes recorded in the statement of operations. There were no rights outstanding as of December 31, 2024. Recent Accounting Standards Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s financial statements. F-12 NMP ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS NOTE 3 — PROPOSED PUBLIC OFFERING Pursuant to the Proposed Public Offering, the Company intends to offer for sale 10,000,000 Public Units (or 11,500,000 Public Units if the underwriters’ over -allotmentoption is exercised in full) at a purchase price of $10.00 per Public Unit. Each Public Unit will consist of one Class A ordinary share and one right to receive one -fifth(1/5) of a Class A ordinary share upon the consummation of an initial business combination. Each fifteen rights will entitle the holder thereof to receive one Class A ordinary share at the closing of an initial business combination. The Company will not issue fractional ordinary shares. NOTE 4 — PRIVATE PLACEMENT The Sponsor and underwriter have committed to purchase a total of 400,000 Private Placement Units (or 430,000 Private Placement Units if the underwriters’ over -allotmentoption is exercised in full), at a price of $10.00 per Private Placement Unit, or $4,000,000 in the aggregate (or $4,300,000 if the underwriters’ over -allotmentoption is exercised in full), to the Sponsor in a private placement that will close simultaneously with the closing of the Proposed Public Offering. Each Private Placement Unit will consist of one Class A ordinary share and one right to receive one -fifth(1/5) of a Class A ordinary share upon the consummation of an initial business combination. The Private Placement Units will be identical to the Public Units, subject