Company: MCGAU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073705
Chunk: 14

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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. In the event that the conditions in the two immediately preceding sentences are not satisfied with respect to a Public
Warrant, the holder of such Public Warrant will not be entitled to exercise such Public Warrant and such Public Warrant may have no value
and expire worthless. In no event will the Company be required to net cash settle any Public Warrant. In the event that a registration
statement is not effective for the exercised Public Warrants, the purchaser of a Unit containing such Public Warrant will have paid the
full purchase price for the Unit solely for the Class A ordinary share underlying such Unit.

Under the terms of the warrant agreement, the Company will agree that,
as soon as practicable, but in no event later than 20 business days after the closing of its Business Combination, it will use commercially
reasonable efforts to file with the SEC a post-effective amendment to the registration statement for the Initial Public Offering or a
new registration statement covering the registration under the Securities Act of the Class A ordinary shares issuable upon
exercise of the Public Warrants and thereafter will use its commercially reasonable efforts to cause the same to become effective within
60 business days following the Company’s initial Business Combination and to maintain a current prospectus relating to the
Class A ordinary shares issuable upon exercise of the Public Warrants until the expiration of the Public Warrants in accordance with
the provisions of the warrant agreement. If a registration statement covering the Class A ordinary shares issuable upon exercise
of the Public Warrants is not effective by the sixtieth (60th) business day after the closing of the initial Business
Combination, Public Warrant holders may, until such time as there is an effective registration statement and during any period when the
Company will have failed to maintain an effective registration statement, exercise Public Warrants on a “cashless basis” in
accordance with Section 3(a)(9) of the Securities Act or another exemption. Notwithstanding the above, if the Class A ordinary
shares are at the time of any exercise of a Public Warrant not listed on a national securities exchange such that they satisfy the definition
of a “covered security” under Section 18(b)(1) of the Securities Act, the Company may, at its option, require holders
of Public Warrants who exercise their warrants to do so on a “cashless basis” in accordance with Section 3(a)(9) of
the Securities Act and,