Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 93

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 2
Chunk 93
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Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations.

Overview

We are a blank check company
incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, amalgamation, share exchange,
asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout
this report as our initial business combination. We may pursue an initial business combination target in any business, industry and geographic
location. We have not selected any business combination target, and we have not, nor has anyone on our behalf, initiated any substantive
discussions, directly or indirectly, with any business combination target. We intend to effectuate our initial business combination
using cash from the proceeds of our initial public offering (“IPO”) and the private placement of private placement units (the
“Private Placement”), our shares, debt or a combination of cash, shares and debt. We will have up to 18 months from the
closing of the IPO to consummate an initial business combination. We may also hold a shareholder vote at any time to amend our amended
and restated memorandum and articles of association (the “Amended Charter”) to modify the amount of time we will have to consummate
an initial business combination (as well as to modify the substance or timing of our obligation to allow redemption in connection with
an initial business combination or to redeem 100% of our shares issued in the IPO (the “public shares”) if we have not consummated
an initial business combination within the time periods described herein or with respect to any other material provisions relating to
the rights of holders of Class A ordinary shares or pre-initial business combination activity).

Following the closing of the
IPO and over-allotment option, an amount of $115,000,000 ($10.00 per Unit) from the net proceeds of the sale of the Units in the IPO and
the Private Placement was placed in a trust account (the “Trust Account”). The funds in the Trust Account will be invested
or held only in either (i) U.S. government treasury bills with a maturity of 185 days or less, or in money market funds meeting certain
conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended, (the “Investment Company Act”),
which invest only in direct U.S. government treasury obligations, (ii) as uninvested