- Business
- NMP Acquisition Corp. is a blank check company, also known as a special purpose acquisition company or SPAC, incorporated in the Cayman Islands and formed in 2024 to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in any industry or sector; it offers no current products or operational services beyond pursuing an initial business combination target. Headquartered at 555 Bryant Street, No. 590, Palo Alto, California, the company is led by CEO Melanie Figueroa, who brings over 15 years of experience in advising emerging growth companies on public market access including SPACs and M&A, and CFO Nadir Ali, with more than 25 years in high-growth tech leadership and prior SPAC involvement. The management team has collectively executed over $650 million in debt and equity financings and more than 12 domestic and cross-border business combinations in the past 11 years. In June 2025, NMP priced and closed its initial public offering of 10 million units at $10 each, raising $100 million, with units comprising one Class A ordinary share and one right entitling the holder to one-fifth of a Class A share upon business combination completion; units trade on Nasdaq under NMPAU, while separate trading of shares under NMP and rights under NMPAR commenced September 3, 2025; Maxim Group LLC served as sole book-running manager, with a 45-day over-allotment option for 1.5 million additional units.