Company: MCGAU
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076738
Chunk: 55

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 55
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 be required
within 12 months of the condensed balance sheet date.

Net Income (Loss) Per Ordinary Share

The Company has two classes of shares, Class A
ordinary shares and Class B ordinary shares. Income and losses are shared pro rata between the two classes of shares. The Company complies
with the accounting and disclosure requirements of ASC Topic 260, “Earnings Per Share”. Net income (loss) per share is computed
by dividing net income (loss) by the weighted average number of ordinary shares outstanding for the period. Accretion associated with
redeemable Class A ordinary shares is excluded from earnings per share as the redemption value approximates fair value.

The Company has not considered the effect of the
5,750,000 Public Warrants in the calculation of diluted net income (loss) per share, since the exercise of such warrants are contingent
upon the occurrence of future events and the inclusion of such warrants would be anti-dilutive.

The following table presents a reconciliation
of the numerator and denominator used to compute basic and diluted net income (loss) per ordinary share for each class of ordinary shares:

    Three Months Ended 

    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 
    $(2,772) 
    $(93) 
    $(73,232)
  
    Denominator: 

    Basic weighted average ordinary shares outstanding 
     189,560  
     6,387  
     5,008,242 
  
    Basic net loss per ordinary share 
    $(0.01) 
    $(0.01) 
    $(0.01)

    Diluted net loss per ordinary shares: 

    Numerator: 

    Allocation of net loss, diluted 
    $(2,426) 
    $(82) 
    $(73,589)
  
    Denominator: 

    Diluted weighted average ordinary shares outstanding 
     189,560  
     6,387  
     5,750,000 
  
    Diluted net loss per ordinary share 
    $(0.01) 
    $(0.01) 
    $(0.01)

    For the Period from March 3, 202