Company: MCGAU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073705
Chunk: 53

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 53
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 held by them and any Public Shares purchased during or after this offering (including
in open market and privately-negotiated transactions, aside from shares they may purchase in compliance with the requirements of Rule 14e-5
under the Exchange Act, which would not be voted in favor of approving the Business Combination transaction) in favor of the initial
Business Combination.

12

Note 5 — Segment Information

ASC Topic 280, “Segment Reporting”,
establishes standards for companies to report, in their financial statements, information about operating segments, products, services,
geographic areas, and major customers. Operating segments are defined as components of an enterprise that engage in business activities
from which it may recognize revenues and incur expenses, and for which separate financial information is available that is regularly evaluated
by the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess performance.

The Company’s chief operating 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