Company: NMP
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001213900-25-011477
Chunk: 26

Company: NMP Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 26
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 applicable law) and the private placement units will expire worthless. 
 Our sponsor has agreed to waive its redemption rights with respect to its private placement shares (i) in connection with the consummation of a business combination; (ii) in connection with a shareholder vote to amend our amended and restated memorandum and articles of association to modify the substance or timing of our obligation to allow redemption in connection with our initial business combination or to redeem 100% of our public shares if we do not complete our initial business combination within 18 months after the closing of this offering; and (iii) if we fail to consummate a business combination within 18 months after the closing of this offering or during any Extension Period, or if we liquidate prior to the expiration of the 18-month period or during any Extension Period. However, our sponsor will be entitled to redemption rights with respect to any public shares held by it if we fail to consummate a business combination or liquidate within the 18-month period.                                                           |
|                                                   |     | Our sponsor has agreed not to transfer, sell or assign the private placement units and the underlying securities until the consummation of our initial business combination, subject to exceptions as discussed herein.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Transfer restrictions on founder shares           |     | Our sponsor has agreed not to transfer, assign or sell any of their founder shares until the earlier of (1) six months after the completion of our initial business combination and (2) the date on which we consummate a liquidation, merger, share exchange, reorganization, or other similar transaction after our initial business combination that results in all of our shareholders having the right to exchange their ordinary shares for cash, securities or other property. Notwithstanding the foregoing, if the last sale price of our ordinary shares equals or exceeds $12.00 per share (as adjusted for share splits, share capitalizations, rights issuances, subdivisions, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period after our initial business combination, 50% of the founder shares will be released from the lock-up.                                                                                                                                                                          |

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| Conversion and anti-dilution rights of founder shares     |     | The Class B ordinary shares will automatically convert into our Class A ordinary shares at the time of our initial business combination on a one-for-one basis, subject to adjustment for share sub-divisions, share dividends, reorganizations, recapitalizations and the like, and subject to further