Karpus Management, Inc. (NMP) discloses 5.32% beneficial stake in NMP Acquisition
Rhea-AI Filing Summary
Karpus Management, Inc., doing business as Karpus Investment Management, reports beneficial ownership of common shares of NMP Acquisition Corp. Karpus, a New York corporation and registered investment adviser, holds 849,065 common shares, representing 5.32% of the class as of June 30, 2026.
Karpus has sole voting and sole dispositive power over all 849,065 shares, with no shared voting or dispositive power. The shares are owned directly by accounts managed by Karpus. Karpus is controlled by City of London Investment Group plc, but effective informational barriers mean voting and investment power over these securities is exercised independently by Karpus.
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Key Figures
Shares beneficially owned: 849,065 shares
Percent of class owned: 5.32%
Sole voting power: 849,065 shares
+1 more
4 metrics
Shares beneficially owned
849,065 shares
Common shares of NMP Acquisition Corp beneficially owned by Karpus as of June 30, 2026
Percent of class owned
5.32%
Percentage of NMP Acquisition Corp common stock beneficially owned by Karpus
Sole voting power
849,065 shares
Shares over which Karpus has sole power to vote or direct the vote
Sole dispositive power
849,065 shares
Shares over which Karpus has sole power to dispose or direct disposition
Key Terms
beneficial ownership, registered investment adviser, sole voting power, dispositive power, +1 more
5 terms
beneficial ownership financial
"attribution of beneficial ownership is not required between Karpus and CLIG"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
registered investment adviser financial
"Karpus is a registered investment adviser under Section 203 of the Investment Advisers Act"
A registered investment adviser (RIA) is a firm or individual legally registered with regulators to give personalized investment advice and manage clients' money, with a duty to put clients’ interests ahead of their own. Think of an RIA as a licensed financial guide who must disclose fees, conflicts and how they are paid; that transparency and legal duty matter to investors because it reduces the risk of hidden costs or biased recommendations.
sole voting power financial
"Sole Voting Power 849,065.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
dispositive power financial
"Sole Dispositive Power 849,065.00"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
informational barriers financial
"effective informational barriers have been established between Karpus and CLIG"
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.