Company: MCGAU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076738
Chunk: 27

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 Public Warrant exercise
unless a registration statement under the Securities Act with respect to the Class A ordinary shares underlying the Public Warrants
is then effective and a prospectus relating thereto is current. No Public Warrant will be exercisable and the Company will not be obligated
to issue a Class A ordinary share upon exercise of a Public Warrant unless the Class A ordinary share issuable upon such Public
Warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered
holder of the Public Warrants. 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