Company: NMP
Filing Date: 2025-05-06
Form Type: S-1
Source: 0001213900-25-039851
Chunk: 114

Company: NMP Acquisition Corp.
Filing Date: 2025-05-06
Form: S-1
Chunk 114
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 number of public investors in this offering to negatively impact our ability to meet Nasdaq listing eligibility requirements as we expect to comply with all of the Nasdaq listing requirements prior to the effective date of the registration statement of which this prospectus forms a part. We may amend the terms of the rights in a way that may be adverse to holders with the approval by the holders of a majority of the then outstanding rights. Our rights will be issued in registered form under a rights agreement between Continental Stock Transfer & Trust Company, as rights agent, and us. The rights agreement provides that the terms of the rights may be amended without the consent of any holder to cure any ambiguity or correct any defective provision. The rights agreement requires the approval by the holders of a majority of the then outstanding rights in order to make any change that adversely affects the interests of the registered holders. 71 Our rights and founder shares may have an adverse effect on the market price of our Class A ordinary shares and make it more difficult to effectuate our initial business combination. We will be issuing rights to receive 2,000,000 of our Class A ordinary shares (or up to 2,300,000 of our Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full) at the consummation of our initial business combination, as part of the units offered by this prospectus. Simultaneously with the closing of this offering, we will be issuing private placement rights to receive an aggregate of 66,000 (or 72,000 if the underwriters’ over -allotmentoption is exercised in full) of our Class A ordinary shares at the consummation of our initial business combination as part of the private placement units in a private placement. Prior to this offering, our sponsor holds an aggregate of 3,833,333 founder shares, of which 500,000 are subject to forfeiture depending on the extent to which the underwriters’ over -allotmentoption is exercised. The founder shares are convertible into Class A ordinary shares on a one -for -onebasis, subject to adjustment as set forth herein and in our amended and restated memorandum and articles of association. To the extent we issue Class A ordinary shares to effectuate a business transaction, the potential for the issuance of a substantial number of additional Class A ordinary shares upon conversion of these rights into our securities could make us a less attractive acquisition vehicle to a target business. Any such issuance will increase the number of issued and outstanding Class A ordinary shares and reduce