Company: NMP
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001213900-25-011477
Chunk: 3

Company: NMP Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 3
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er shares” (up to 500,000 of which are subject to forfeiture depending on the extent to which the underwriters’ over -allotmentoption is exercised), for an aggregate purchase price of $25,000, or approximately $0.0065 per share. The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of our initial business combination, or earlier at the option of the holder, on a one -for -onebasis, subject to adjustment as provided herein and in our amended and restated memorandum and articles of association. The holders of our Class B ordinary shares will have the exclusive right to vote on the appointment and removal of our directors and our transfer by way of continuation in a jurisdiction outside the Cayman Islands prior to our initial business combination. Because our sponsor acquired the founder shares at a nominal price, our public shareholders will incur an immediate and substantial dilution upon the closing of this offering. The founder shares issued to our sponsor will equal 25% of the outstanding ordinary shares upon the completion of the offering. This structure is unlike the structure of other blank check companies, which often provide that the Class B ordinary shares would equal 20% of the outstanding ordinary shares upon the completion of the offering. Further, the Class A ordinary shares issuable in connection with the conversion of the founder shares may result in material dilution to our public shareholders due to the anti -dilutionrights of our founder shares that may result in an issuance of Class A ordinary shares on a greater than one -to -onebasis upon conversion. See the section titled “Risk Factors — Risks Relating to our Sponsor and Management Team — Our sponsor paid an aggregate of $25,000, or approximately $0.0065 per founder share, and, accordingly, you will experience immediate and substantial dilution upon the purchase of our ordinary shares . ” Our sponsor and Maxim Group LLC, which we refer to throughout this prospectus as Maxim or the underwriter, have agreed that they and/or their designees will purchase from us an aggregate of [400,000] private placement units ([300,000] private placement units to be purchased by our sponsor and 100,000 private placement units to be purchased by Maxim or its designees) at a price of $10.00 per unit for a total purchase price of $4,000,000 in a private placement that will close simultaneously with the closing of this offering. We refer to these units throughout this prospectus as the “private placement units.” Our sponsor