Company: MCGAU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076738
Chunk: 56

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 56
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5  (inception) through  

    June 30, 2025 

    Class A  Redeemable  
     Class A Non-redeemable  
    Class B Non-redeemable 
  
    Basic net loss per ordinary shares: 

    Numerator: 

    Allocation of net loss, basic 
    $(2,569) 
    $(87) 
    $(89,478)
  
    Denominator: 

    Basic weighted average ordinary shares outstanding 
     143,750  
     4,844  
     5,006,250 
  
    Basic net loss per ordinary share 
    $(0.02) 
    $(0.02) 
    $(0.02)

    Diluted net loss per ordinary shares: 

    Numerator: 

    Allocation of net loss, diluted 
    $(2,245) 
    $(76) 
    $(89,813)
  
    Denominator: 

    Diluted weighted average ordinary shares outstanding 
     143,750  
     4,844  
     5,750,000 
  
    Diluted net loss per ordinary share 
    $(0.02) 
    $(0.02) 
    $(0.02)

10

Warrant Instruments

The Company accounted for the Public Warrants and Private Placement
Warrants issued in connection with the Initial Public Offering and the private placement in accordance with the guidance contained in
FASB ASC Topic 815, “Derivatives and Hedging”. Accordingly, the Company evaluated and classified the warrant instruments under
equity treatment at their assigned values. Such guidance provides that the Public Warrants described above will not be precluded from
equity classification. Equity-classified contracts are initially measured at fair value (or allocated value). Subsequent changes in fair
value are not recognized as long as the contracts continue to be classified in equity in accordance with ASC 480 and ASC 815.

Class A Ordinary Shares Subject to Possible Redemption

The Public Shares contain a redemption feature which allows for the
redemption of such Public Shares in connection with the Company’s liquidation, or if there is a shareholder vote or tender offer
in connection with the Company’s initial Business Combination. In accordance with ASC 480-10-S99, the Company classifies Public
Shares subject to possible redemption outside of permanent deficit as the redemption provisions are not solely within the control of the