Company: MCGAU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073705
Chunk: 13

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 13
---
 date of its inception.

Management does not believe that any other recently
issued, but not yet effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s financial
statement.

Note 3 — Initial Public Offering

Pursuant to the Initial Public Offering on June
30, 2025, the Company sold 17,250,000 Units at a purchase price of $10.00 per Unit, which includes the full exercise of the underwriters’
over-allotment option in the amount of 2,250,000 Units. Each Unit consists of one Class A ordinary share and one-third of one redeemable
warrant. Each whole Public Warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share, subject
to adjustment. Each Public Warrant will become exercisable at the later of 12 months from the closing of this offering and 30 days
after the completion of the initial Business Combination and will expire five years after the completion of the initial Business
Combination, or earlier upon redemption or liquidation.

10

Warrants — As of March 31, 2025, no Public Warrants are outstanding. Each whole
warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as discussed
herein. The Public Warrants cannot be exercised until the later of 12 months from the closing of this offering and 30 days after
the completion of the initial Business Combination, and will expire at 5:00 p.m., New York City time, five years after
the completion of the initial Business Combination or earlier upon redemption or liquidation.

The Company will not be obligated to deliver any Class A ordinary
shares pursuant to the exercise of a Public Warrant and will have no obligation to settle such Public Warrant exercise unless a registration
statement under the Securities Act with respect to the Class A ordinary shares underlying the Public Warrants is then effective and
a prospectus relating thereto is current. No Public Warrant will be exercisable and the Company will not be obligated to issue a Class A
ordinary share upon exercise of a Public Warrant unless the Class A ordinary share issuable upon such Public Warrant exercise has
been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered holder of the
Public Warrants