Company: MCGAU
Filing Date: 2025-08-26
Form Type: 425
Source: 0001104659-25-083156
Chunk: 12

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-26
Form: 425
Chunk 12
---
ii) the Company will have performed in all material respects all of its obligations and complied in all material
respects with all of its agreements and covenants under the Business Combination Agreement to be performed or complied with by it on or
prior to the Closing Date; (iii) No Material Adverse Effect shall have occurred with respect to the Company, taken as a whole, since
the date of the Business Combination Agreement which is continuing and uncured; (iv) each of the covenants of the Sponsor required
under the Sponsor Support Agreement to be performed as of or prior to the Closing shall have been performed in all material respects.;
(v) after giving effect to the completion of the Transactions contemplated by the Business Combination Agreement, including any deferred
expenses or fees and the Redemption, there will be at least $200,000,000 in the Trust Account; (vi) the Company and Sponsor shall
have executed and delivered to the Sellers each agreement as required under the Business Combination Agreement; (vii) the Company
and YA II PN, Ltd., a Cayman Islands exempt limited partnership and an affiliate of the Sponsor (the “Investor”)
shall have executed and delivered the Backstop Agreement (defined below); and (viii) the Conversion will have been completed.

The Company and Sponsor Conditions to Closing

Additionally, under the terms of the Business Combination
Agreement, the obligations of the Company and the Sponsor to consummate the Transactions are subject to the satisfaction or waiver (where
permissible) at or prior to the Closing of, among other customary closing conditions, the following conditions (i) the Seller Fundamental
Representations will be true and correct in all material respects, or in all respects, as applicable, on and as of the date of the Business
Combination Agreement and on and as of the Closing Date (ii) each of the representations and warranties of the Sellers (other than
the Seller Fundamental Representations) will be true and correct on and as of the date of the Business Combination Agreement and on and
as of the Closing Date as if made on the Closing Date, except for (a) those representations and warranties that address matters only
as of a particular date (which representations and warranties shall have been true and correct as of such date) and (b) any failures
to be true and correct that (without giving effect to any qualifications or limitations as to materiality or Material Adverse Effect),
individually or in the aggregate, have not had and would not reasonably be expected to