Company: NMP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075714
Chunk: 29

Company: NMP Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 the Trust Account – and/or to pay
our income and franchise taxes, if any, provided that all withdrawals may only be made from interest and not from the principal held in
the Trust Account (collectively, “permitted withdrawals”)), to complete our initial business combination. Except with respect
to permitted withdrawals and/or pay dissolution expenses, the proceeds from the IPO and Private Placement held in the Trust Account
will not be released until the earliest of (a) the completion of our initial business combination; (b) the redemption of any of the public
shares in connection with any vote on a proposed business combination in accordance with the provisions of our Amended Charter; (c) the
repurchase of shares by means of a tender offer pursuant to the Amended Charter (d) the redemption of any of our public shares in connection
with a shareholder vote to amend the Amended Charter (i) to modify the substance or timing of our obligation to allow redemption in connection
with our initial business combination or redeem 100% of its public shares if we do not consummate its initial business combination by
January 2, 2027 (or such later date if extended), or (ii) with respect to any other provision relating to the rights of the holders of
Class A ordinary shares or pre-initial business combination activity; and (e) the redemption of all of the Company’s public shares
if it is unable to complete its business combination by January 2, 2027 (or such later date if extended), subject to applicable law and
the provisions of the Amended Charter.

We have incurred and expect to continue to incur
significant costs in the pursuit of our acquisition plans. We cannot assure you that our plans to complete a business combination will
be successful.

Results of Operations and Known Trends or
Future Events

We have neither engaged in
any operations nor generated any revenues to date. Our only activities since December 18, 2024, the date of the Company’s inception,
have been organizational activities and those necessary to prepare for the IPO. Following the IPO, we will not generate any operating
revenues until after completion of our initial business combination. We will generate non-operating income in the form of interest income
on cash and cash equivalents after the IPO. After the IPO, we expect to incur increased expenses as a result of being a public company
(for legal, financial reporting, accounting and auditing compliance), as well as expenses as we conduct due diligence on prospective business
combination candidates.

For