Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 66

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 8
Chunk 66
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 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.

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.

NOTE 5 — RELATED PARTIES

Founder Shares

On January 13, 2025,
the Sponsor received 3,833,333 of the Company’s Class B ordinary shares, par value $0.0001 per share (the “Founder Shares”),
as consideration for $25,000 in advances to cover expenses.

On June 30, 2025, the Sponsor
forfeited 650,000 Founder Shares and the at-risk capital investors purchased 650,000 Founder Shares for an aggregate purchase price of
approximately $4,239, which was received on July 2, 2025 and resulted in the Sponsor owning 3,183,333 Founder Shares.

Up to 500,000 Founder Shares
held by the Sponsor were subject to forfeiture depending on the extent to which the underwriters’ over-allotment option was exercised.
Subsequent to the Initial Public Offering closing, the underwriters’ fully exercised the over-allotment option. As such, no Founder
Shares were forfeited by the Sponsor.

The initial shareholders
and the Company’s officers and directors have agreed, subject to certain exceptions, not to transfer, assign or sell any of their
Founder Shares and any Class A ordinary shares issuable upon conversion thereof until the earlier of: (i) six months after the
completion of an initial Business Combination and (ii) 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-trading day period commencing 75 days after an initial Business Combination, or earlier
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