Company: MCGAU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076738
Chunk: 64

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 64
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 could adversely affect the Company’s search for an initial Business Combination and any target business with
which the Company may ultimately consummate an initial Business Combination.

Registration Rights

The holders of the Founder Shares, placement units, Working Capital
Units and Extension Units that may be issued upon conversion of loans made by the Sponsor or one of its affiliates, and their
permitted transferees, will have registration rights to require the Company to register a sale of any of its securities held by them (in
the case of the Founder Shares, only after conversion to our Class A ordinary shares) pursuant to a registration rights agreement
to be signed prior to or on the effective date of this offering. These holders will be entitled to make up to three demands, excluding
short form registration demands, that we register such securities for sale under the Securities Act. In addition, these holders will have
“piggy-back” registration rights to include such securities in other registration statements filed by us and rights to require
us to register for resale such securities pursuant to Rule 415 under the Securities Act. However, the registration rights agreement
provides that we will not be required to effect or permit any registration or cause any registration statement to become effective until
termination of the applicable lock-up period. We will bear the expenses incurred in connection with the filing of any such registration
statements.

Underwriting Agreement

The Company granted the underwriters a 45-day
option from the date of the Initial Public Offering to purchase up to an additional 2,250,000 units to cover over-allotments, if any.
On June 30, 2025, the underwriters fully exercised their over-allotment option.

The underwriters were paid a cash underwriting discount of $1,155,750
($0.067 per Unit offered in the Initial Public Offering). Additionally, the underwriters are entitled to a deferred fee of $0.30 per Unit,
or $5,175,000. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event
that the Company completes a Business Combination, subject to the terms of the underwriting agreement.

15

Representative Shares

The Company issued to Clear Street and/or
its designees 229,425 Class A ordinary shares (the “Representative Shares”) upon the consummation of the Initial
Public Offering. The Company estimated the fair value of the Representative Shares to be $2,294,250. The fair value