Company: MCGAU
Filing Date: 2025-04-16
Form Type: S-1
Source: 0001213900-25-032483
Chunk: 100

Company: Yorkville Acquisition Corp.
Filing Date: 2025-04-16
Form: S-1
Chunk 100
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 the full investment amount is ascribed to the public shares only. (4)The total investment in the equity of the company by the sponsor is $3,280,000, consisting of (i) $25,000 paid by the sponsor for the 5,000,000 founder shares and (ii) $3,255,000 paid by the sponsor for 325,500 placement units. For purposes of this table, the full investment amount is ascribed to the founder shares only. (5)All founder shares would automatically convert into Class A ordinary shares upon completion of our initial business combination, or at any time prior thereto at the option of the holders thereof, on a one -for -onebasis, subject to adjustment, as described therein. The value of the founder shares held by our sponsor following completion of our initial business combination is likely to be substantially higher than the nominal price paid for them, even if the trading price of our ordinary shares at such time is substantially less than $10.05 per share. Upon the closing of this offering, assuming no exercise of the underwriter’s over -allotmentoption, our sponsor will have invested in us an aggregate of $3,280,000, comprised of the $25,000 purchase price for the founder shares and the $3,255,000 purchase price for the placement units purchased by the sponsor. Assuming a trading price of $10.05 per share upon consummation of our initial business combination, the 5,000,000 founder shares (assuming the underwriter’s over -allotmentoption was not exercised) and the 325,500 placement shares held by our sponsor would have an aggregate value of $53,521,275. Even if the trading price of our Class A ordinary shares was as low as approximately $0.616 per share, and the placement warrants were worthless, the value of the founder shares and the placement shares held by our sponsor would be equal to the sponsor’s initial investment in us. As a result, our sponsor is likely to be able to recoup its investment in us and make a substantial profit on that investment, even if our public shares have lost significant value. Accordingly, our management team, which owns interests in our sponsor, may have an economic incentive that differs from that of the public shareholders to pursue and consummate an initial business combination rather than to liquidate and to return all of the cash in the trust to the public shareholders, even if that business combination were with a riskier or less -establish