Company: MCGAU
Filing Date: 2025-09-10
Form Type: 425
Source: 0001104659-25-089076
Chunk: 3

Company: Yorkville Acquisition Corp.
Filing Date: 2025-09-10
Form: 425
Chunk 3
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 total CRO circulating supply;                                                           |

| · | $200 million in cash; |

| · | $220 million from mandatory-exercise warrants; |

| · | $5 billion equity line of credit from YA II PN, Ltd., an affiliate of Yorkville. |

This creates a potential $6.42 billion funding package.

What will be the ownership structure of the new company?

Following the closing of the Business Combination, Trump Media Group CRO Strategy, Inc. will be majority-owned by the three founding partners; Trump Media, Crypto.com, and the sponsor of Yorkville and its affiliates. MCGA’s public shareholders will also participate as the company transitions following the proposed Business Combination.

What makes this transaction unique?

At closing of the Business Combination, Trump Media Group CRO Strategy, Inc. is expected to be:

| · | The first and only publicly traded CRO treasury company; |

| · | The largest digital asset treasury relative to market cap ever formed; |

| · | Positioned to combine a significant token holding with validator rewards to create long-term value. |

What are the lock-up and release terms for the founding partners?

The sponsor of Yorkville, Trump Media, and Crypto.com have all agreed to a one-year mandatory lock-up on their founders’ shares and warrants. After that period, their founders’ equity will be gradually released over a three-year schedule. This ensures the founding partners remain aligned with long-term shareholders.

What will each party contribute to the combination?

Affiliates of Yorkville will be providing financing in the form of a backstop and an equity line of credit (ELOC). Crypto.com is contributing CRO tokens. Trump Media is contributing a license to use certain intellectual property.

Advisors

Clear Street is serving as exclusive capital
markets advisor to Yorkville Acquisition Corp. DLA Piper LLP (US) is serving as legal counsel to Yorkville Acquisition Corp. and
Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal advisor to Crypto.com. Yorkville Securities, LLC has acted
as an advisor to Yorkville Acquisition Sponsor LLC, the sponsor to Yorkville Acquisition Corp.

About Trump Media Group CRO Strategy, Inc.

Following the closing of the Business Combination,
Trump Media Group CRO Strategy, Inc. will be committed to strategically investing for the future by connecting traditional investment
opportunities with digital asset ecosystems. Our mission is to implement a forward-looking digital asset treasury strategy centered on
the accumulation and active management of CRO.

About Yorkville