Company: MCGAU
Filing Date: 2025-06-06
Form Type: S-1/A
Source: 0001213900-25-051715
Chunk: 231

Company: Yorkville Acquisition Corp.
Filing Date: 2025-06-06
Form: S-1/A
Chunk 231
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 represent the best interests of our shareholders. Compensation Committee Interlocks and Insider Participation None of our officers currently serve, or in the past year have served, (i) as a member of the compensation committee or board of directors of another entity, one of whose executive officers served on our compensation committee, or (ii) as a member of the compensation committee of another entity, one of whose officers served on our board of directors. Clawback Policy We will adopt a compensation recovery policy that is compliant with Nasdaq listing rules as required by the Dodd -FrankAct. Code of Business Conduct and Ethics Prior to the effectiveness of the registration statement of which this prospectus is a part, we will adopt a code of business conduct and ethics (the “Code of Business Conduct and Ethics”) applicable to our directors and officers. We will file a copy of our form of Code of Business Conduct and Ethics as an exhibit to the registration statement. In addition, a copy of the Code of Business Conduct and Ethics will be provided without charge upon request from us. We intend to disclose any amendments to or waivers of certain provisions of our Code of Business Conduct and Ethics in a Current Report on Form 8 -K. See “Where You Can Find Additional Information.” 152 Conflicts of Interest Under Cayman Islands law, directors and officers owe the following fiduciary duties: •duty to act in good faith in what the director or officer believes to be in the best interests of the company as a whole; •duty to exercise powers for the purposes for which those powers were conferred and not for a collateral purpose; •duty to not improperly fetter the exercise of future discretion; •duty to exercise powers fairly as between different sections of shareholders; •duty not to put themselves in a position in which there is a conflict between their duty to the company and their personal interests; and •duty to exercise independent judgment. In addition to the above, directors also owe a duty of care which is not fiduciary in nature. This duty has been defined as a requirement to act as a reasonably diligent person having both the general knowledge, skill and experience that may reasonably be expected of a person carrying out the same functions as are carried out by that director in relation to the company and the general knowledge, skill and experience which that director has. As set out above, directors have a duty not to put themselves in a position of conflict and this includes a duty not to engage in self -dealing, or to otherwise benefit as a result of their position.