Company: MCGAU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073705
Chunk: 61

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 61
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 on these matters during such time. These provisions of the amended and restated memorandum and articles of
association may only be amended if approved by a special resolution passed by the affirmative vote of at least 90% (or, where such amendment
is proposed in respect of the consummation of the initial Business Combination, two-thirds) of the votes cast by such shareholders as,
being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the Company.

Note 9 — Subsequent Events

The Company evaluated subsequent events and transactions
that occurred after the balance sheet date through the date that the financial statement was available to be issued. Based upon this review,
the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statement, other
than as disclosed below.

On June 30, 2025, the Company consummated the
Initial Public Offering of 17,250,000 Units, which includes the full exercise by the underwriters of their over-allotment option
in the amount of 2,250,000 Units, at $10.00 per Unit, generating gross proceeds of $172,500,000. Simultaneously with the closing of the
Initial Public Offering, the Company consummated sale of an aggregate 351,825 units at a price of $10.00 per Private Placement Unit, generating
gross proceeds of $3,518,250 (see Note 1).

On June 30, 2025, the underwriters were paid a cash underwriting discount
of $1,155,750 at the closing of the Initial Public Offering (see Note 7).

17

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations

We refer to this report as our “Quarterly
Report on Form 10-Q” and references to “we,” “us” or the “Company” herein reference Yorkville
Acquisition Corp., a Cayman Islands exempted company. Reference to our “management” or our “management team” refer
to our officers and directors, and references to the “Sponsor” refer to Yorkville Acquisition Sponsor LLC, a Delaware limited
liability company. The following discussion and analysis of the Company’s financial condition and results of operations should be
read in conjunction with the financial statements and the notes thereto contained elsewhere in this Quarterly Report on Form 10-Q. Certain
information contained in the discussion and analysis set forth