Company: MCGAU
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001213900-25-073705
Chunk: 26

Company: Yorkville Acquisition Corp.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 26
---
 Public Offering of 17,250,000 Units, which includes the full exercise by the underwriters of their over-allotment option
in the amount of 2,250,000 Units, at $10.00 per Unit, generating gross proceeds of $172,500,000. Simultaneously with the closing of the
Initial Public Offering, the Company consummated sale of an aggregate 351,825 units at a price of $10.00 per Private Placement Unit, generating
gross proceeds of $3,518,250 (see Note 1).

On June 30, 2025, the underwriters were paid a cash underwriting discount
of $1,155,750 at the closing of the Initial Public Offering (see Note 7).

17

Item 2. Management’s Discussion and Analysis
of Financial Condition and Results of Operations

We refer to this report as our “Quarterly
Report on Form 10-Q” and references to “we,” “us” or the “Company” herein reference Yorkville
Acquisition Corp., a Cayman Islands exempted company. Reference to our “management” or our “management team” refer
to our officers and directors, and references to the “Sponsor” refer to Yorkville Acquisition Sponsor LLC, a Delaware limited
liability company. The following discussion and analysis of the Company’s financial condition and results of operations should be
read in conjunction with the financial statements and the notes thereto contained elsewhere in this Quarterly Report on Form 10-Q. Certain
information contained in the discussion and analysis set forth below includes forward-looking statements that involve risks and uncertainties.

Special Note Regarding Forward-Looking Statements

This Quarterly Report includes “forward-looking
statements” that are not historical facts and involve risks and uncertainties that could cause actual results to differ materially
from those expected and projected. All statements, other than statements of historical fact included in this Quarterly Report including,
without limitation, statements in this “Management’s Discussion and Analysis of Financial Condition and Results of Operations”
regarding the Company’s financial position, business strategy and the plans and objectives of management for future operations,
are forward-looking statements. Words such as “expect,” “believe,” “anticipate,” “intend,”
“estimate,” “seek” and variations and similar words and expressions are intended to identify such forward-looking
statements. Such forward-looking statements relate to future events or future performance, but reflect management’s current beliefs,
based on information currently available. A number of