NMP Acquisition Corp. announced that holders of units sold in its initial public offering can now trade Class A ordinary shares and rights separately.
The separated shares and rights will trade on Nasdaq under the symbols "NMP" and "NMPAR" respectively.
Units not separated will continue to trade under the symbol "NMPAU" on Nasdaq.
Separate Trading Announcement
Holders of units can choose to trade Class A shares and rights separately starting from September 3, 2025.
Trading Symbols
Class A shares and rights will be traded under symbols "NMP" and "NMPAR" respectively on Nasdaq.
Unit Structure
Each unit comprises one Class A share and one right, with the right entitling the holder to receive one-fifth of a Class A share upon the business combination's completion.
- NMP Acquisition Corp. provides more flexibility to its initial offering unit holders by allowing separate trading of Class A shares and rights.
- The move aims to enhance liquidity and provide investors with more options for their investments in NMP Acquisition Corp.
The announcement of separate trading for Class A shares and rights by NMP Acquisition Corp. reflects the company's commitment to enhancing investor flexibility and liquidity in its offerings.