Company: NMP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075714
Chunk: 152

Company: NMP Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part II, Item 8
Chunk 152
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 Combination. Upon the closing of the Initial Public Offering, management has agreed that $10.00 per
Public Share sold in the Initial Public Offering, including proceeds of the sale of the Private Placement Units, will be held in a trust
account (the “Trust Account”) and initially invested in U.S. government securities, within the meaning set forth in Section 2(a)(16) of
the Investment Company Act, with a maturity of 185 days or less, or in any open-ended investment company that holds itself out as
a money market fund investing solely in U.S. Treasuries and meeting certain conditions under Rule 2a-7 of the Investment Company
Act, as determined by the Company, until the earlier of (i) the completion of a Business Combination and (ii) the distribution
of the funds in the Trust Account to the Company’s shareholders, as described below. To mitigate the risk that the Company might
be deemed to be an investment company for purposes of the Investment Company Act, which risk increases the longer that the Company holds
investments in the Trust Account, the Company may, at any time (based on the management team’s ongoing assessment of all factors
related to the Company’s potential status under the Investment Company Act), instruct the trustee to liquidate the investments held
in the Trust Account and instead to hold the funds in the Trust Account in cash or in an interest bearing demand deposit account at a
bank.

F-5

NMP ACQUISITION CORP.
NOTES TO FINANCIAL STATEMENTS

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

The Company will provide
the holders of the outstanding Public Shares, excluding the initial shareholders and the Company’s officers and directors to the
extent they acquire Public Shares, either in the Initial Public Offering or in secondary market transactions thereafter (the “Public
Shareholders”), with the opportunity to redeem all or a portion of their Public Shares in connection with a general meeting called
to approve the Business Combination. If the Company does not submit such Business Combination to its shareholders for approval, it will
provide such shareholders with the opportunity to have their shares repurchased by means of a tender offer in connection with the
Business Combination. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender
offer will be made by the Company. The Public Shareholders will be entitled to redeem their Public Shares