Company: MCGAU
Filing Date: 2025-09-02
Form Type: 425
Source: 0001104659-25-086373
Chunk: 1

Company: Yorkville Acquisition Corp.
Filing Date: 2025-09-02
Form: 425
Chunk 1
---
think about an ipo? Would you ever think of selling parts of the business?

MARSZALEK: Right. I have to admit it is quite
tempting to consider these options given how richly the market values crypto companies these days. we certainly have the numbers to do
so, we’re down about 1.5 billion in revenue last year about a billion in gross profit reinvested about 700 million of it. this
year i think is going to be better, especially if we see the fed rate cut and a strong q4 following. We have the numbers and have
been approached by the top names of investment banks, we want to be a very well-run company. So we are working on preparing everything
but no decision has been made at this point. We actually enjoy operating as a private company it allows us to move fast and
we have -- don't have to make any decisions in the short term.

LUDLOW: Some breaking news this morning looking that you
are looking to start sports prediction markets, particularly for the nfl. That's so interesting there was market reaction from
some of the established players in that space. explain how it is going to work, but why?

MARSZALEK: Look, we think prediction markets are going
to be huge. Sports are part of it but it’s not the whole thing. If there is any company out there, a large business that
wants to build a prediction market operation, we are the perfect infrastructure partner, we are regulated by the CFTC we have buffer
tested trading technology, very best apis, all the best market makers. We want to be the liquidity center for prediction
markets onshore in the U.S. So we will play very aggressively in that space.

HYDE: You are someone who is comfortable perhaps in markets
that regulators are always trying to catch up with kris. It is interesting that CFTC federal courts are still debating whether ultimately
sports predication markets counts as gambling. How do you think about the regulatory process having given what
you have lived through with crypto?

MARSZALEK: I think it is a new space and it is going to
evolve and the regulatory set up will have to evolve with it. We have gone through this journey of cryptocurrency so we are used
to being in the role of a trusted counselor to regulators and helping them understand how they can do their job effectively while allowing
market participants to make use of these wonderful instruments.

L