NMP Acquisition, a blank check company led by executives from advisory firm Next Move Partners, filed on Tuesday with the SEC to raise up to $100 million in an initial public offering.
The Palo Alto, CA-based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one right to receive one-fifth of a share upon the completion of an initial business combination.
NMP Acquisition is led by CEO and Director Melanie Figueroa and CFO and Director Nadir Ali, who serve as Co-Managing Partners of advisory firm Next Move Partners. Both Figueroa and Ali have prior SPAC experience.
NMP Acquisition was founded in 2024 and plans to list on the Nasdaq under the symbol NMPU. The company filed confidentially on February 10, 2025. Maxim Group LLC is the sole bookrunner on the deal.
