Company: NMP
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075714
Chunk: 49

Company: NMP Acquisition Corp.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 2
Chunk 49
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 Private Placement Unit, consisting of: (i) 105,000 Private Placement Units
to the Sponsor, and (ii) 65,000 Private Placement Units to certain unaffiliated third-party investors and certain individuals who
are registered persons of Maxim Group LLC (collectively, the “at-risk capital investors”), for an aggregate of $1,700,000,
$1,550,000 of which was paid in cash and $150,000 was satisfied by reduction of the principal balance underlying the Note. Each Private
Placement Unit consists of one Class A ordinary share and one right to receive one-fifth of one class A ordinary share upon the completion
of our initial business combination.

Subsequently, the underwriters
exercised the over-allotment option in full, and the closing of the issuance and sale of the Over-Allotment Option Units closed on July
10, 2025. As a result, we sold an additional 1,500,000 Units at $10.00 per Unit, generating gross proceeds of $11,500,000. Simultaneously
with the closing of the full exercise of the underwriters’ over-allotment option, we completed the private sale of 7,500 Private
Placement Units to the Sponsor, at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds of $75,000.

Transaction costs amounted to $5,458,023, consisting of $537,500 of
cash underwriting fees, $4,600,000 of fair value of shares issued to the designee of the representative of the several underwriters, and
$320,523 of other offering costs.

We intend to use substantially
all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account, which interest shall
be net of permitted withdrawals and dissolution expenses, to complete our initial business combination. To the extent that our share
capital or debt is used, in whole or in part, as consideration to complete an initial business combination, the remaining proceeds held
in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions
and pursue our growth strategies.

We will use the funds held outside of the Trust Account and other sources
of available capital, including the Note and any additional loans, and amounts of interest earned on the Trust Account that may be released
to us as permitted withdrawals, primarily to identify and evaluate target businesses,