Company Overview - Yorkville Acquisition Corp. is a blank check company incorporated in the Cayman Islands, aimed at effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [5] - The company has not selected any specific business combination target and has not engaged in substantive discussions with any potential targets [5] - The company intends to focus its search for business combinations at the intersection of media, technology, and entertainment [5] Initial Public Offering (IPO) Details - The company announced the pricing of its initial public offering of 15,000,000 units at $10.00 per unit, with units expected to be listed on Nasdaq under the ticker symbol "YORKU" starting June 27, 2025 [1] - Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant allowing the holder to purchase one Class A ordinary share at a price of $11.50 per share [1] - The offering is expected to close on June 30, 2025, subject to customary closing conditions [1] - The underwriter has a 45-day option to purchase up to an additional 2,250,000 units to cover over-allotments [1] Legal and Management Information - Clear Street is acting as the sole book-running manager for the offering, with D. Boral Capital LLC as co-manager [2] - Legal counsel for the company includes DLA Piper LLP (US) and Maples and Calder (Cayman LLP) [2] - A registration statement on Form S-1 relating to the securities sold in the IPO has been filed with the SEC and was declared effective on June 26, 2025 [3]
Yorkville Acquisition Corp. Announces Pricing of $150,000,000 Initial Public Offering
Globenewswire·2025-06-26 20:48