Company: NMP
Filing Date: 2025-05-06
Form Type: S-1
Source: 0001213900-25-039851
Chunk: 293

Company: NMP Acquisition Corp.
Filing Date: 2025-05-06
Form: S-1
Chunk 293
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 (the “Public Units”) (each Public Unit will consist of one Class A ordinary share (the “Public Shares”) and one right (the “Public Rights”) to receive one -fifth(1/5) of a Class A ordinary share upon the consummation of an initial Business Combination; each five rights will entitle the holder thereof to receive one Class A ordinary share at the closing of an initial Business Combination; and the Company will not issue fractional ordinary shares), at $10.00 per Public Unit (or 11,500,000 Public Units if the underwriters’ over -allotmentoption is exercised in full), which is discussed in Note 3, and the sale of 330,000 units, the “Private Placement Units” (or 360,000 Private Placement Units if the underwriters’ over -allotmentoption is exercised in full), at a price of $10.00 per Private Placement Unit, or $3,300,000 in the aggregate (or $3,600,000 if the underwriters’ over -allotmentoption is exercised in full), to the Company’s sponsor, Next Move Capital LLC (the “Sponsor”) and the underwriter in a private placement that will close simultaneously with the closing of the Proposed Public Offering. Each Private Placement Unit will consist of one Class A ordinary share (the “Private Placement Shares”) and one right (the “Private Placement Rights”) to receive one -fifth(1/5) of a Class A ordinary share upon the consummation of an initial Business Combination. The Private Placement Units will be identical to the Public Units, subject to certain limited exceptions. The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Proposed Public Offering and the sale of the Private Placement Units, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. The stock exchange listing rules require that the Business Combination must be with one or more operating businesses or assets with a fair market value equal to at least 80% of the net assets held in the Trust Account (as defined below) (excluding income and franchise taxes payable on the income earned on the Trust Account). The Company will only complete a Business Combination if the post -BusinessCombination company owns or acquires 50% or more of the issued and outstanding voting securities of the target or otherwise acquires a controlling interest in the target business sufficient for it not to be required to register as an investment company under