NMP Acquisition Corp. Reports Q3 2025 Financial Results with $971,953 Net Income

NMP Acquisition Corp. has reported its financial results for the third quarter of 2025, revealing a net income of $971,953 for the three months ended September 30, 2025, and $838,497 for the nine-month period. The company, which is a blank check firm incorporated in December 2024, has not yet commenced any operations beyond its initial public offering (IPO) activities. The net income primarily stems from investment income on assets held in a trust account, totaling $1,163,000, offset by formation and operating expenses of $191,047 for the quarter and $324,503 for the nine months.

The company experienced significant changes compared to the previous fiscal period, particularly following its IPO on July 2, 2025, where it raised $100 million by selling 10 million units at $10 each. This was supplemented by an additional $15 million from the full exercise of an over-allotment option. As of September 30, 2025, NMP Acquisition Corp. reported total assets of $116.8 million, a substantial increase from $17,800 at the end of 2024. The trust account now holds $116.2 million, reflecting the proceeds from the IPO and private placements.

Operationally, NMP Acquisition Corp. has not yet identified a target for its initial business combination, which it aims to complete within 18 months of the IPO. The company has 12,137,500 Class A ordinary shares and 3,833,333 Class B ordinary shares outstanding. The weighted average number of redeemable ordinary shares outstanding was 11,119,565 for the quarter, with a basic and diluted net income per share of $0.06. The company has also accrued $20,000 per month for administrative services, totaling $60,000 for the quarter.

Looking ahead, NMP Acquisition Corp. has expressed confidence in its ability to meet liquidity needs through cash on hand, which stood at $440,824 as of September 30, 2025, and through potential loans from its sponsor, Next Move Capital LLC. The company anticipates using the funds held outside the trust account for operational expenses and to identify and evaluate potential business combination targets. Management believes that the current working capital and borrowing capacity will be sufficient to support its activities until the completion of a business combination or until January 2027, when the company must either complete a business combination or liquidate.