NMP Acquisition, a blank check company led by executives from advisory firm Next Move Partners, raised $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 plans to list on the Nasdaq under the symbol NMPAU. Maxim Group LLC acted as sole bookrunner on the deal.
