Company: NMP
Filing Date: 2025-02-10
Form Type: DRS
Source: 0001213900-25-011477
Chunk: 116

Company: NMP Acquisition Corp.
Filing Date: 2025-02-10
Form: DRS
Chunk 116
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 we may begin preliminary due diligence of a target business in connection with an indication of interest, we intend to undertake in -depthdue diligence, depending on the circumstances of the relevant prospective acquisition, only after we have negotiated and signed a letter of intent or other preliminary agreement that addresses the terms of a business combination. However, if our estimate of the costs of undertaking in -depthdue diligence and negotiating a business combination is less than the actual amount necessary to do so, we may be required to raise additional capital, the amount, availability and cost of which is currently unascertainable. If we are required to seek additional capital, we could seek such additional capital through loans or additional investments from our sponsor, members of our management team or their affiliates, but such persons are not under any obligation to advance funds to, or invest in, us. We will enter into an Administrative Services Agreement pursuant to which we will pay our sponsor a total of $20,000 per month for office space, administrative and support services commencing on the effectiveness of this offering. Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees. Prior to the closing of this offering, our sponsor has agreed to loan us up to $100,000, which amount may be increased to $500,000 with the consent of our management and sponsor, to be used for a portion of the expenses of this offering. Our sponsor advanced an aggregate of $55,300 as of December 31, 2024, of which $25,000 has been allocated to the purchase of our sponsor’s founder shares and $30,300 represents the principal balance underlying a promissory note issued to our sponsor. This note is non -interestbearing, unsecured and due at the earlier of the date on which we determine not to conduct an initial public offering of our securities or the closing of this offering. This loan may be repaid upon the closing of this offering out of the offering proceeds not held in the trust account. In addition, in order to finance transaction costs in connection with an intended initial business combination, our sponsor or an affiliate or a designee of our sponsor or certain of our officers and directors may, but are not obligated to, loan us funds as may be required. If we complete our initial business combination, we would repay such loaned amounts out of the proceeds of the trust account released to us. Otherwise, such loans would be repaid only out of funds held outside the trust account. In the event that our initial business combination