NMP Acquisition Corp. (NMP) Form 10-Q — Aug 13, 2026
NMP Acquisition Corp., a blank-check SPAC, disclosed substantial doubt about its ability to continue as a going concern in its 10-Q for the quarter ended June 30, 2026. The company must complete an initial business combination by January 2, 2027 and has no approved plan to extend that deadline. The SPAC has not selected a target and has not initiated any substantive discussions with a business combination candidate. It held only $106,746 in cash against a working capital deficit of $180,342 outside its trust account, where $115,000,000 is held with 11,500,000 Class A shares redeemable at approximately $10.34 per share.
Key figures
- Eps
- 0.09
- Net Income
- 1361683
- Cash Position
- 106746
- Q2 2026 eps
- 0.05
- Ipo gross proceeds
- 100000000
- Q2 2026 net income
- 768616
- Shares outstanding
- 12,137,500 Class A; 3,833,333 Class B
- Trust account funded
- 115000000
- Ipo transaction costs
- 5457575
- Working capital deficit
- 180342
- Sponsor note outstanding
- 4963
- Six month net income 2026
- 1361683
- Redemption value per share
- approximately $10.34
- Business combination deadline
- January 2, 2027
- Over allotment gross proceeds
- 15000000
- Class a shares redeemable value
- 118961917
- Admin services accrued outstanding
- 240000
- Trust investment income six months
- 2078318
- Permitted trust withdrawals q2 2026
- 150000
- Formation operating expenses six months
- 716635
Price after filing
Close on the filing date to close N calendar days later (from $10.33). Historical, not a forecast.
AI analysis
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