Company: MCGAU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076738
Chunk: 60

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 60
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 results, and financial metrics
for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has
determined that the Company only has one reporting segment.

12

The CODM assesses performance for the single segment
and decides how to allocate resources based on net income or loss that also is reported on the statement of operations as net income or
loss. The measure of segment assets is reported on the condensed balance sheet as total assets. When evaluating the Company’s performance
and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total
assets, which include the following:

    June 30,  2025 
  
    Cash 
    $1,467,830 
  
    Cash held in Trust Account 
    $173,362,500 

    For the Period from 

    For the Three Months Ended June 30, 2025  
    March 3, 2025 (inception) Through June 30, 2025 
  
    Formation, general and administrative expenses 
    $63,574  
    $93,998 

The CODM reviews cash held in Trust Account to
measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining
compliance with the Trust Agreement.

Formation, general and administrative expenses
are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination
or similar transaction within the Completion Window. The CODM also reviews formation, general and administrative expenses to manage, maintain
and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. Formation, general and administrative
expenses, as reported on the condensed statements of operations, are the significant segment expenses provided to the CODM on a regular
basis.

All other segment items included in net loss are reported on the condensed
statements of operations and described within their respective disclosures.

Note 6 — Related Party Transactions

Founder Shares

On March 5, 2025, the Company issued an aggregate
of 5,750,000 Class B ordinary shares, $0.0001 par value (the “Founder Shares”), in exchange for a $25,000 payment (approximately
$0.004 per share) from the Sponsor to cover certain expenses on behalf of the Company.

As used herein, unless the context otherwise requires, “Founder
Shares” shall be