Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 97

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 2
Chunk 97
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 additional loans, and amounts of interest
earned on the Trust Account that may be released to us as permitted withdrawals, primarily to identify and evaluate target businesses,
perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective
target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses,
structure, negotiate and complete a business combination, and to pay taxes to the extent the interest earned on the Trust Account is not
sufficient to pay our taxes.

We expect our primary liquidity
requirements over the next 12 months   to include fees and expenses associated with satisfying
our financial reporting obligations; legal, accounting, due diligence, travel and other expenses associated with structuring, negotiating
and documenting successful business combinations; and general working capital that will be used for miscellaneous expenses, general corporate
purposes, liquidation obligations and reserves net of estimated interest income.

20

We expect to satisfy our liquidity
requirements with cash on hand, from permitted withdrawals of interest earned on the amounts held in the Trust Account in an amount up
to $300,000 and, if necessary, additional loans from our sponsor. If our available funds are not sufficient, we may be unable to continue
searching for, or conducting due diligence with respect to, prospective target businesses. Moreover, if our estimates of the costs of
identifying a target business, undertaking in-depth due diligence and negotiating an initial business combination are less than the actual
amount necessary to do so, we may have insufficient funds available to operate our business prior to our initial business combination.
Moreover, we may need to obtain additional financing either to complete our initial business combination or because we become obligated
to redeem a significant number of our public shares upon completion of our initial business combination, in which case we may issue additional
securities or incur debt in connection with such business combination.

For the nine months ended
September 30, 2025, cash used in operating activities was $451,394. Net income of $838,497 was affected by interest earned on investments
held in the Trust Account of ($1,163,000), and net change in operating assets and liabilities of ($126,891).

For the nine months ended
September 30, 2025, cash used in investing activities was $115,000,000, which was the amount required to be deposited into the Trust Account
from the IPO, including the underwriters’ over-allotment option exercise in connection therewith, and