Recent Updates — NMP
NMP Acquisition Corp., a SPAC, entered into a definitive Business Combination Agreement on September 4, 2026, to merge with Gibson Technical Services (GTS). The transaction values GTS at an implied enterprise value of $400 million. Upon closing, NMP shareholders will receive shares of Pubco Class A common stock, while GTS equity holders will receive a mix of Pubco Class A and B common stock plus 75,000 shares of Series A convertible preferred stock with a $1,000 stated value. The combined company, operating as GTS Holdings, Inc., is expected to list on Nasdaq under the ticker symbol NMP. GTS reported approximately $140 million in 2025 revenue and an EBITDA margin of roughly 12.5%. The deal remains subject to shareholder approval, SEC registration statement effectiveness, and other customary closing conditions.