Company: MCGAU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073705
Chunk: 18

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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 decision maker
(“CODM”) has been identified as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics
for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has
determined that the Company only has one reporting segment.

The CODM assesses performance for the single segment
and decides how to allocate resources based on net income or loss that also is reported on the statement of operations as net income or
loss. The measure of segment assets is reported on the balance sheet as total assets. When evaluating the Company’s performance
and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total
assets, which includes the following:

    March 31,  2025 
  
    Deferred offering costs 
    $142,376 

    For the  Period from  March 3, 2025  (Inception)  through  March 31,  2025 
  
    Formation, general and administrative expenses 
    $30,424 
  
    Net Loss 
    $(30,424)

The CODM reviews formation, general and administrative expenses to
manage and forecast cash to ensure enough capital is available to complete a Business Combination or similar transaction within the Completion
Window. The CODM also reviews formation, general and administrative expenses to manage, maintain and enforce all contractual agreements
to ensure costs are aligned with all agreements and budget. Formation, general and administrative expenses, as reported on the statement
of operations, are the significant segment information provided to the CODM on a regular basis.

Note 6 — Related Party Transactions

Founder Shares

On March 5, 2025, the Company issued an aggregate of 5,750,000 Class B
ordinary shares, $0.0001 par value (the “Founder Shares”), in exchange for a $25,000 payment (approximately $0.004 per share)
from the Sponsor to cover certain expenses on behalf of the Company. Up to 750,000 of the Founder Shares were subject to complete or partial
forfeiture by the Sponsor for no consideration depending on the extent to which the underwriters’ over-allotment option was
exercised. On June 30, 2025, the underwriters fully exercised their over-allotment option.

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As used herein, unless the context otherwise requires, “Founder
Shares” shall be deemed to include the Public