NMP Acquisition Corp. Reports Net Income of $768,616 for Quarter Ending June 30, 2026

NMP Acquisition Corp. has reported its financial results for the quarter ending June 30, 2026, revealing a net income of $768,616, a significant turnaround from a net loss of $77,889 in the same period last year. For the first half of 2026, the company recorded a net income of $1,361,683 compared to a loss of $133,456 in the first half of 2025. The increase in profitability is attributed to investment income from assets held in the Trust Account, which amounted to $1,047,051 for the quarter and $2,078,318 for the six-month period, offset by formation and operating expenses of $278,435 and $716,635, respectively.

The company’s total assets as of June 30, 2026, stood at $119,466,308, up from $117,797,809 at the end of 2025. This increase is primarily due to the remeasurement of Class A ordinary shares subject to possible redemption, which rose to $118,961,917 from $116,883,599. However, NMP Acquisition Corp. reported a working capital deficit of $180,342, with cash reserves decreasing to $106,746 from $353,247 at the end of the previous fiscal year.

In terms of operational developments, NMP Acquisition Corp. has not yet identified a target for its initial business combination, which it aims to complete by January 2, 2027. The company has been actively managing its liquidity, with the Sponsor agreeing to provide loans up to $300,000 to cover organizational and offering-related expenses. During the quarter, the company withdrew $150,000 from the Trust Account for operational needs, reflecting its strategy to utilize available resources while preparing for a future acquisition.

As of June 30, 2026, NMP Acquisition Corp. had 12,137,500 Class A ordinary shares and 3,833,333 Class B ordinary shares outstanding. The company remains classified as a smaller reporting company and an emerging growth company, allowing it to take advantage of certain regulatory exemptions. Looking ahead, management has expressed concerns regarding its ability to continue as a going concern, given the timeline for completing a business combination and the current financial position. The company has not made any adjustments to its asset or liability valuations in light of these considerations.