secwatch.observer — SEC 8-K summary
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Issuer:     Yorkville Acquisition Corp. (MCGA)
CIK:        0002064658
Form:       8-K
Filed at:   2025-06-30T23:59:59+00:00
Accession:  0001213900-25-059672
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yorkville Acquisition Corp. closes $172.5M SPAC IPO; 17.25M units at $10 each, over-allotment fully exercised
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- IPO closed June 30, 2025: 17,250,000 units at $10/unit for gross proceeds of $172.5M.
- Trust account funded with $173.36M from IPO proceeds and $3.52M private placement of 351,825 sponsor units.
- Board of directors appointed: Kevin McGurn, Devin Nunes, Scott Glabe, Omar Hasan, Mark Angelo (chair), Michael Rosselli.
- SPAC has 24 months (extendable to 30 without shareholder vote) to complete initial business combination.
- Units trade on Nasdaq under YORKU; shares/warrants expected under YORK and YORKW.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2064658/000121390025059672/0001213900-25-059672-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2064658/000121390025059672/ea0247438-8k_york.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-059672

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer