Karpus Management (NMP) reports 6.32% passive stake in NMP Acquisition Corp.
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13G
Rhea-AI Filing Summary
Karpus Management, Inc., doing business as Karpus Investment Management, filed a Schedule 13G reporting a passive stake in NMP Acquisition Corp.. Karpus reports beneficial ownership of 767,290 shares of NMP common stock, representing 6.32% of the class as of December 31, 2025.
Karpus, a New York-based registered investment adviser, states it has sole voting and sole dispositive power over all reported shares, with no shared voting or dispositive authority. The shares are held in accounts managed by Karpus, and the firm certifies they were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the company.
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FAQ
What percentage of NMP Acquisition Corp. does Karpus Management own?
Karpus Management reports beneficial ownership of 6.32% of NMP Acquisition Corp. common stock. This percentage is based on 767,290 shares beneficially owned as of December 31, 2025, according to the Schedule 13G filing.
Is Karpus Management’s stake in NMP Acquisition Corp. considered passive?
Yes. Karpus certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of NMP Acquisition Corp., consistent with a passive Schedule 13G filing.
Who controls Karpus Management and how is beneficial ownership treated?
Karpus Management is controlled by City of London Investment Group plc, listed on the London Stock Exchange. However, the filing notes effective informational barriers, so voting and investment power over the NMP shares are exercised independently by Karpus, without attributing beneficial ownership to CLIG.
What type of entity is Karpus Management in the NMP Schedule 13G filing?
Karpus Management is described as a registered investment adviser under Section 203 of the Investment Advisers Act of 1940. It files the Schedule 13G in that capacity, with the reported NMP shares owned by accounts it manages.