Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 134

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part II, Item 1
Chunk 134
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Item 1. Legal Proceedings.

None.

Item 1A. Risk Factors.

In addition to the other information
set forth in this report, you should carefully consider the factors discussed in “Risk Factors” of our Prospectus, dated June
30, 2025, which could materially affect our business, financial condition or future results. There have been no material changes during
the 2025 fiscal year to the risk factors that were included in the Prospectus.

Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds.

Unregistered Sales of Equity Securities

There are no transactions
that have not been previously included in a Current Report on Form 8-K.

Use of Proceeds

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 (including the Over-Allotment Option Units) in the IPO and the Private Placement was placed in 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, which invest only in direct U.S. government
treasury obligations, (ii) as uninvested cash, or (iii) an interest bearing bank demand deposit account or other accounts at
a bank. We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned
on the Trust Account (which interest shall be net of permitted withdrawals and up to $100,000 of interest to pay dissolution expenses),
to complete our initial business combination. Except with respect to permitted withdrawals and/or dissolution expenses, the proceeds from
the IPO and Private Placement held in the Trust Account will not be released until the earliest of (a) the completion of our initial business
combination; (b) the redemption of any of the public shares in connection with any vote on a proposed business combination in accordance
with the provisions of our Amended Charter; (c) the repurchase of shares by means of a tender offer pursuant to the Amended Charter (d)
the redemption of any of our public shares in connection with a shareholder vote to amend the Amended Charter (i) to modify the substance
or timing of our obligation to allow redemption in connection with our initial