Company: NMP
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109359
Chunk: 14

Company: NMP Acquisition Corp.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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 on the funds held in the Trust
Account.

Based on the foregoing, management
believes that the Company will have sufficient working capital and borrowing capacity to meet its needs through the earlier of the consummation
of a Business Combination or one year from the date of the Initial Public Offering. Over this time period, the Company will be using the
funds held outside of the Trust Account, and, to the extent needed, the additional sources of working capital described above, to pay
for existing accounts payable, identifying and evaluating prospective initial Business Combination candidates, performing due diligence
on prospective target businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring,
negotiating and consummating the Business Combination.

8

NMP ACQUISITION CORP.
NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS

NOTE 2 — SUMMARY OF SIGNIFICANT
ACCOUNTING POLICIES

Basis of Presentation

The accompanying unaudited
financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America
(“GAAP”) and pursuant to the rules and regulations of the SEC.

In the opinion of management,
all adjustments (consisting of a normal accruals) considered for a fair presentation have been included. The interim results for the three
and nine months ended September 30, 2025, are not necessarily indicative of the results to be expected for the year ending December 31,
2025, or for any future interim periods. These interim unaudited condensed financial statements should be read in conjunction with the
Company’s audited financial statements and notes for the period from December 18, 2024 (inception) through December 31, 2024, included
in the Registration Statement on Form S-1 (File No. 333-286985) originally filed with the SEC on February 10, 2025.

Emerging Growth Company

The Company is an “emerging
growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups
Act of 2012, as amended (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting
requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being
required to comply with the independent registered public accounting firm attestation requirements of Section 404 of