NMP Acquisition Corp. amended its business combination agreement with GTS Holdings, LLC and GTS Holdings, Inc. (Pubco), extending to October 9, 2026 the deadline for GTS to deliver the Company Audited Financials and Pubco Audited Financials to NMP. NMP may further extend the delivery date in its sole discretion, for any period and on one or more occasions, by written notice to GTS.
The Registration Statement is required to be filed within five business days after the Audit Delivery Date. The amendment states that a failure to deliver the audited financials before the amendment does not constitute a breach, failure of a closing condition, or basis for termination under the agreement.
NMP Acquisition Corp. announced a Business Combination Agreement to merge with GTS Holdings through a new Nevada holding company, with NMP and GTS becoming wholly owned subsidiaries of that holding company, which is expected to be publicly traded after closing.
The seller of GTS will receive stock in the new public company valued at an enterprise value of $400 million minus up to $82 million of retained seller debt, delivered as Class A and Class B common shares and 75,000 shares of Series A preferred stock with a $1,000 stated value each. The preferred ranks senior to common, accrues a 9% annual return (rising to 12% after certain defaults), is convertible into Class A common at $12.00 per share subject to a 9.99% beneficial ownership cap, and carries strong protective covenants restricting additional debt, new preferred, discounted equity issuance and major transactions without preferred holder consent. Closing is subject to shareholder approvals, effective registration, Nasdaq listing of the new Class A common, delivery of PCAOB-audited financials, completion of a debt restructuring that leaves a $75 million first-lien note and seller credit facility capped so that combined obligations do not exceed $82 million, and other customary conditions; either party may terminate if the combination is not completed by December 31, 2026 (or January 31, 2027, if extended).
NMP Acquisition Corp. (symbol: NMP) is the issuer of record for a Form 8-K filing submitted to the SEC.
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.
NMP Acquisition Corp., a Cayman Islands-based blank check company, reported June 30, 2026 quarter results reflecting its pre‑combination status. Total assets were $119.5 million, driven by $119.2 million of investments held in a trust account funded from its IPO and over‑allotment.
The company generated $1.36 million of net income for the six months ended June 30, 2026, entirely from $2.08 million of investment income on trust assets, offset by $0.72 million of formation and operating expenses. Cash outside the trust was $106,746 with a working capital deficit of $180,342, and the company utilized $150,000 of permitted withdrawals from trust interest for working capital during the quarter.
The SPAC has 11,500,000 Class A ordinary shares classified as redeemable, recorded at $118.96 million, and 3,833,333 Class B founder shares outstanding. Management reiterates that it has not identified a business combination target and discloses that the requirement to complete a transaction by January 2, 2027, without an approved extension plan, raises substantial doubt about its ability to continue as a going concern.
NMP Acquisition Corp., a blank check company, reports unaudited results for the quarter ended March 31, 2026. Total assets were $118.7 million, including $118.3 million of investments held in its trust account. The SPAC recorded net income of $593,067, driven by $1.03 million of investment income on trust assets, partially offset by $438,200 of formation and operating expenses.
At quarter-end, cash outside the trust was $156,475 and working capital was negative $51,907, highlighting limited liquidity for ongoing costs. There were 11.5 million Class A shares classified as redeemable at approximately $10.25 per share and 3.83 million Class B founder shares outstanding. Management discloses that the need to complete a business combination by January 2 2027, with no approved extension plan, raises substantial doubt about the company’s ability to continue as a going concern.
NMP Acquisition Corp. ownership filing: AQR Capital Management entities report beneficial ownership of 602,656 Class A Ordinary Shares, representing 4.97% of the class as reported. The filing states shared voting and shared dispositive power of 602,656 with no sole voting or dispositive power.
The filing is a Schedule 13G/A amendment signed on 05/13/2026 and notes that AQR Capital Management, LLC is a wholly owned subsidiary of AQR Capital Management Holdings, LLC and that AQR Arbitrage, LLC is controlled by AQR Capital Management, LLC. The filing characterizes the position as "Ownership of 5 percent or Less of a Class."
NMP Acquisition Corp. ownership disclosure: Wolverine Asset Management, LLC, Wolverine Holdings, LLC, Christopher L. Gust and Robert R. Bellick each report shared voting and dispositive power over 874,872 Class A ordinary shares, representing 7.21% of the Class A shares outstanding. The percentage is based on 12,137,500 Class A shares outstanding as of March 12, 2026, per the issuer's 10-K.
The filing states that Wolverine Flagship Fund Trading Limited has the right to receive dividends or sale proceeds for the shares attributed to WAM. Signatures certify the amendment dated April 16, 2026.
NMP Acquisition Corp., a Cayman Islands company with Class A ordinary shares listed on Nasdaq, reported that it may be treated as a passive foreign investment company (PFIC) for U.S. federal income tax purposes. On April 3, 2026, it made its PFIC Annual Statement for fiscal year 2025 available to holders of its Class A ordinary shares.
The statement supports shareholders who choose to make an optional Qualified Electing Fund (QEF) election under Section 1295 of the Internal Revenue Code. For 2025, the PFIC table shows ordinary earnings of US$0 and no reported net capital gains. The company notes that PFIC rules are complex and advises shareholders to consult their personal tax advisors about any QEF election.
NMP Acquisition Corp. is a Cayman Islands-based blank check company formed in 2024 to complete a merger or similar business combination. It completed an IPO on July 2, 2025, selling 10,000,000 units at $10.00 each, plus a 1,500,000-unit over-allotment, and placed $115,000,000 in a trust account for public shareholders.
The company has up to 18 months from the IPO closing to consummate an initial business combination, or it will redeem all public shares for approximately $10.00 per share and liquidate. As of March 12, 2026, there were 15,970,833 ordinary shares outstanding, including 12,137,500 Class A and 3,833,333 Class B shares.
The report details its acquisition strategy, criteria for target selection, redemption mechanics for public shareholders, potential additional financing, and the significant conflicts of interest and fiduciary duty considerations affecting management’s deal-sourcing and decision-making.