Company: NMP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075714
Chunk: 153

Company: NMP Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part II, Item 8
Chunk 153
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 for a pro rata portion of the
amount then in the Trust Account (initially anticipated to be $10.00 per Public Share, plus any pro rata interest then in the Trust Account,
which interest shall be net of permitted withdrawals). There will be no redemption rights upon the completion of a Business Combination
with respect to the Private Placement Units. The Public Shares subject to redemption will be recorded at a redemption value and classified
as temporary equity upon the completion of the Initial Public Offering in accordance with the Accounting Standards Codification (“ASC”)
Topic 480 “Distinguishing Liabilities from Equity.” 

If the Company seeks shareholder
approval of the Business Combination, the Company will proceed with a Business Combination only if shareholders pass an ordinary resolution
under Cayman Islands law and its amended and restated memorandum and articles of association (the “Articles”) approving a
Business Combination, which requires the affirmative vote of at least a simple majority of the votes cast by such shareholders as, being
entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the Company, or approved
by a resolution in writing of all of the shareholders entitled to vote on such matter (or such other threshold as may be allowed under
the Companies Act (Revised) of the Cayman Islands), or such other vote as required by applicable law or the stock exchange rules. Subject
to limited exceptions, if the Company’s Business Combination is structured as a statutory merger or consolidation with another
company under Cayman Islands law, shareholders will be required to pass a special resolution, which requires the affirmative vote of
at least two-thirds of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed,
by proxy at the applicable general meeting of the Company, approving a plan of merger or plan of consolidation. If a shareholder vote
is not required under applicable law or stock exchange listing requirements and the Company does not decide to hold a shareholder vote
for business or other reasons, the Company will, pursuant to its Articles, conduct the redemptions pursuant to the tender offer rules
of the Securities and Exchange Commission (the “SEC”), and file tender offer documents containing substantially the same
information as would be included in a proxy statement with the SEC prior to completing a Business Combination. If the Company seeks shareholder
approval in connection with a Business Combination, the initial shareholders and the Company’s officers and directors have agreed
to vote their Founder Shares (