Company: MCGAU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073705
Chunk: 52

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 52
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 with the closing of the Initial Public Offering, the
Sponsor purchased an aggregate of 351,825 Private Placement Units, at a price of $10.00 per warrant, or $3,518,250 in the aggregate. Each
Private Placement Unit consists of one Private Placement Share one-third of one Private Placement Warrant. Each whole Private Placement
Warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share.

The Private Placement Warrants will be identical to the Public Warrants
sold in the Initial Public Offering except that, so long as they are held by the Sponsor, or their permitted transferees, the Private
Placement Warrants (i) will not be redeemable, (ii) may not (including the Class A ordinary shares issuable upon exercise
of these Private Placement Warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days
after the completion of the initial Business Combination, (iii) may be exercised by the holders on a cashless basis, and (iv) will
be entitled to registration rights.

The Sponsor, officers and directors entered into a letter agreement
with the Company, pursuant to which they agreed to (i) waive their redemption rights with respect to any shares held by them in connection
with the completion of the initial Business Combination; (ii) waive their redemption rights with respect to any shares held by them
in connection with a shareholder vote to approve an amendment to the amended and restated memorandum and articles of association (A) to
modify the substance or timing of the Company’s obligation to allow redemption in connection with the initial Business Combination
or to redeem 100% of the Public Shares if the Company has not consummated an initial Business Combination within the Completion Window
or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial Business Combination activity;
(iii) waive their rights to liquidating distributions from the Trust Account with respect to their Founder Shares and Private Placement
Shares if the Company fails to complete an initial Business Combination within the Completion Window, although they will be entitled to
liquidating distributions from the Trust Account with respect to any Public Shares they hold if the Company fails to complete an initial
Business Combination within the prescribed time frame and to liquidating distributions from assets outside the Trust Account; and (iv) vote
any Founder Shares and Private Placement Shares