Company: NMP
Filing Date: 2025-05-06
Form Type: S-1
Source: 0001213900-25-039851
Chunk: 18

Company: NMP Acquisition Corp.
Filing Date: 2025-05-06
Form: S-1
Chunk 18
---
 and outstanding Class B ordinary shares agree to waive such anti -dilutionadjustment with respect to any such issuance or deemed issuance) so that the number of Class A ordinary shares issuable upon conversion of all Class B ordinary shares will equal, in the aggregate, on an as -convertedbasis, 25% of the sum of (i) all Class A ordinary shares issued and outstanding upon the completion of this offering (including any Class A ordinary shares issued pursuant to the underwriters’ over -allotmentoption and excluding private placement shares and representative shares), (ii) plus all Class A ordinary shares and equity -linkedsecurities issued or deemed issued in connection with our initial business combination (excluding any shares or equity -linkedsecurities issued, or to be issued, to any seller in the initial business combination) and (iii) minus any redemptions of Class A ordinary shares by public shareholders in connection with an initial business combination or certain amendments to our amended and restated articles of association prior to an initial business combination; provided that such conversion of founder shares will never occur on a less than one -for-onebasis. If we increase or decrease the size of the offering pursuant to Rule 462(b) under the Securities Act, we will effect a share capitalization or a share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation of the offering in such amount as to maintain the ownership of founder shares by our initial shareholders, or an as -convertedbasis, at 25% of our issued and outstanding ordinary shares upon the consummation of this offering. Such dilution could materially increase to the extent that the anti -dilutionprovision of the founder shares resulted in the issuance of Class A ordinary shares on a greater than one -to-onebasis upon conversion of the founder shares at the time of our initial business combination to maintain the number of founder shares at 25% (as described above). (2)Of the Class B ordinary shares, (i) the non -managingsponsor members will own, indirectly through the purchase of non -managingmembership interests of the sponsor, an aggregate of [__] Class B ordinary shares held by the sponsor (or up to [__] Class B ordinary shares held by the sponsor if the underwriters’ over -allotmentoption is exercised in full) and (ii) the independent directors will own, indirectly through the purchase of non -managingmembership interests of the sponsor,