Company: NMP
Filing Date: 2025-06-05
Form Type: S-1/A
Source: 0001213900-25-051324
Chunk: 122

Company: NMP Acquisition Corp.
Filing Date: 2025-06-05
Form: S-1/A
Chunk 122
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 Israel -Hamasconflict and other conflicts with a global impact. Holders of Class A ordinary shares will not be entitled to vote on any appointment or removal of directors or vote on any transfer by way of continuation in a jurisdiction outside the Cayman Islands we hold prior to our initial business combination. Prior to our initial business combination, only holders of our founder shares will have the right to vote on the appointment and removal of directors and our transfer by way of continuation in a jurisdiction outside the Cayman Islands. Holders of our public shares will not be entitled to vote on the appointment or removal of directors or our transfer by way of continuation in a jurisdiction outside the Cayman Islands during such time. Accordingly, as holders of our Class A ordinary shares, our public shareholders will not have any say in the management of our company prior to the consummation of an initial business combination. Our shareholders may be held liable for claims by third parties against us to the extent of distributions received by them upon redemption of their shares. If we are forced to enter into an insolvent liquidation, any distributions received by shareholders could be viewed as an unlawful payment if it was proved that immediately following the date on which the distribution was made, we were unable to pay our debts as they fall due in the ordinary course of business. As a result, a liquidator could seek to recover some or all amounts received by our shareholders. Furthermore, our directors may be viewed as having breached their fiduciary duties to us or our creditors and/or may have acted in bad faith, and thereby exposing themselves and our company to claims, by paying public shareholders from the trust account prior to addressing the claims of creditors. We cannot assure you that claims will not be brought against us for these reasons. We and our directors and officers who knowingly and willfully authorized or permitted any distribution to be paid out of our share premium account while we were unable to pay our debts as they fall due in the ordinary course of business would be guilty of an offense and may be liable to a fine and to imprisonment for five years in the Cayman Islands. 78 We may not hold an annual meeting of shareholders until after the consummation of our initial business combination. In accordance with Nasdaq corporate governance requirements, we are not required to hold an annual meeting until no later than one year after our first fiscal year end following our listing on Nasdaq. There is no requirement under the Companies Act for us to hold annual general meetings or general meetings to elect directors. Until we hold an annual meeting of shareholders