Company: MCGAU
Filing Date: 2025-06-06
Form Type: S-1/A
Source: 0001213900-25-051715
Chunk: 44

Company: Yorkville Acquisition Corp.
Filing Date: 2025-06-06
Form: S-1/A
Chunk 44
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 Transfer & Trust Company, acting as trustee, and $750,000 will be used to pay expenses in connection with the closing of this offering and $750,000 for working capital following this offering. The funds in the trust account will be invested or held only in either (i) U.S. government treasury bills with a maturity of 185 days or less or in money market funds investing solely in U.S. Treasuries, (ii) uninvested cash, or (iii) an interest-bearing bank demand deposit account or other accounts at a bank. To mitigate the risk that we might be deemed to be an investment company for purposes of the Investment Company Act, which risk increases the longer we hold investments in the trust account, we may, at any time (and will no later than 30 months from the closing of this offering) instruct the trustee to liquidate the investments held in the trust account and instead to hold the funds in the trust account in cash or in an interest bearing demand deposit account. For more information about the risk of the company being considered to be operating as an unregistered investment company, see “Risk Factors — Risks Relating to our Securities — If we are deemed to be an investment company under the Investment Company Act, we may be required to institute burdensome compliance requirements and our activities may be restricted, which may make it difficult for us to complete our initial business combination.” The proceeds to be placed in the trust account include $4,500,000 (or up to $5,175,000 if the underwriters’ over-allotment option is exercised in full) in deferred underwriting commissions. |

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|                                          |     | Pursuant to our amended and restated memorandum and articles of association, in order to avail ourselves of a funded extension option, we must deposit, or cause to be deposited, into the trust account funds equal to the product of (x) the number of public shares then issued and outstanding and (y) $0.0333 per public share for each month that the period of time to consummate an initial business combination is extended. Pursuant to our amended and restated memorandum and articles of association, we may also avail ourselves of the LOI extension option, which allows us to extend the period of time to consummate an initial business combination by an additional three months without being required to deposit any funds into the trust account. Notwithstanding the foregoing, the period of time to consummate an initial business combination may not be extended beyond 30 months from the closing