Company: MCGAU
Filing Date: 2025-06-30
Form Type: 8-K
Source: 0001213900-25-059672
Chunk: 1

Company: Yorkville Acquisition Corp.
Filing Date: 2025-06-30
Form: 8-K
Item: Item 3.02
Chunk 1
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Item 3.02. Unregistered Sales of Equity Securities.

Simultaneously with the closing
of the IPO, pursuant to the Private Placement Unit Purchase Agreement, the Company completed the private sale of an aggregate of aggregate
of 351,825 private placement units (the “Private Units”) to the Sponsor at a purchase price of $10.00 per Private Unit,
generating aggregate gross proceeds to the Company of $3,518,250. The Private Units are identical to the Units sold in the IPO, except
as otherwise disclosed in the Registration Statement. No underwriting discounts or commissions were paid with respect to such sale. The
issuance of the Private Units was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act
of 1933, as amended.

Item 5.02. Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 26, 2025, in connection
with the closing of the IPO of the Company, Kevin McGurn, Devin G. Nunes, Scott Glabe, and Omar Hasan (collectively with Mark Angelo and
Michael Rosselli, the “Directors”) were appointed to the board of directors of the Company (the “Board”),
with Mr. Angelo serving as chairman of the Board. Messrs. Nunes, Glabe, and Hasan are independent directors under applicable Nasdaq listing
standards. Effective June 26, 2025, Messrs. Hasan, Nunes, and Glabe were appointed to the Board’s Audit Committee, with Mr. Hasan
serving as chair of the Audit Committee. Messrs. Angelo, Glabe, and Hasan were appointed to the Board’s Compensation Committee,
with Mr. Angelo serving as chair of the Compensation Committee.

Following the appointment
of the Directors, the Board is comprised of a single class of directors, as provided in the Amended Charter (as defined below). Each Director
will serve until his successor is duly elected and qualified or until his earlier resignation, removal, or death, subject to the rights
of holders of the Company’s Class B ordinary shares to appoint and remove directors prior to the Company’s initial business
combination.

On June 26, 2025, in connection
with their appointments to the Board, each of the members of the Board entered into the Letter Agreement as well as the Indemnity Agreements.
Messrs. McGurn, Nunes