Yorkville Acquisition Corp. Files Q2 2025 10-Q
Ticker: MCGAU · Form: 10-Q · Filed: Aug 14, 2025 · CIK: 2064658
Sentiment: neutral
Topics: 10-Q, blank-check, spac, sec-filing
TL;DR
**YORKVILLE ACQUISITION CORP. (YVR) FILED ITS Q2 10-Q ON 8/14/25. BLANK CHECK COMPANY.**
AI Summary
Yorkville Acquisition Corp. filed its quarterly report on Form 10-Q for the period ended June 30, 2025. The company, incorporated in the Cayman Islands and headquartered in Mountainside, New Jersey, is a blank check company operating in the real estate and construction sector. The filing was made on August 14, 2025, under SEC file number 001-42720.
Why It Matters
This filing provides investors with an update on Yorkville Acquisition Corp.'s financial performance and operational status for the second quarter of 2025, crucial for understanding the company's progress as a blank check entity.
Risk Assessment
Risk Level: medium — As a blank check company (SPAC), Yorkville Acquisition Corp. faces inherent risks related to its ability to identify and complete a business combination within its specified timeframe.
Key Numbers
- 001-42720 — SEC File Number (Identifies the specific filing and company with the SEC.)
- June 30, 2025 — Quarter End Date (Marks the end of the reporting period for this 10-Q.)
- August 14, 2025 — Filing Date (Indicates when the report was officially submitted to the SEC.)
Key Players & Entities
- Yorkville Acquisition Corp. (company) — Registrant
- June 30, 2025 (date) — Quarterly period end date
- August 14, 2025 (date) — Filing date
- 001-42720 (dollar_amount) — SEC File Number
- Cayman Islands (company) — Jurisdiction of incorporation
- Mountainside, New Jersey (company) — Principal executive offices location
FAQ
What is the primary business of Yorkville Acquisition Corp.?
Yorkville Acquisition Corp. is a blank check company, as indicated by its SIC code [6770] and the nature of a 10-Q filing for such entities.
When was the period covered by this 10-Q filing?
The quarterly period ended on June 30, 2025.
On what date was this 10-Q filed with the SEC?
The filing date was August 14, 2025.
Where is Yorkville Acquisition Corp. headquartered?
The company's principal executive offices are located at 1012 Springfield Avenue, Mountainside, New Jersey 07092.
What is the SEC file number for Yorkville Acquisition Corp.?
The SEC file number is 001-42720.
Filing Stats: 4,646 words · 19 min read · ~15 pages · Grade level 17.7 · Accepted 2025-08-14 16:35:25
Key Financial Figures
- $0.0001 — LLC Class A ordinary shares, par value $0.0001 per share YORK The Nasdaq Stock Market
- $11.50 — ordinary share at an exercise price of $11.50 per share YORKW The Nasdaq Stock Market
Filing Documents
- ea0250032-10q_yorkville.htm (10-Q) — 408KB
- ea025003201ex31-1_yorkville.htm (EX-31.1) — 10KB
- ea025003201ex31-2_yorkville.htm (EX-31.2) — 9KB
- ea025003201ex32_yorkville.htm (EX-32) — 4KB
- 0001213900-25-076738.txt ( ) — 3552KB
- yorku-20250630.xsd (EX-101.SCH) — 41KB
- yorku-20250630_cal.xml (EX-101.CAL) — 17KB
- yorku-20250630_def.xml (EX-101.DEF) — 200KB
- yorku-20250630_lab.xml (EX-101.LAB) — 323KB
- yorku-20250630_pre.xml (EX-101.PRE) — 206KB
- ea0250032-10q_yorkville_htm.xml (XML) — 321KB
Financial Statements
Financial Statements. 1 Unaudited Condensed Balance Sheet as of June 30, 2025 1 Unaudited Condensed Statements of Operations for the three months ended June 30, 2025 and for the period from March 3, 2025 (inception) through June 30, 2025 2 Unaudited Condensed Statements of Changes in Ordinary Shares Subject to Possible Redemption and Shareholders' Deficit for the three months ended June 30, 2025 and for the period from March 3, 2025 (inception) through June 30, 2025 3 Unaudited Condensed Statements of Cash Flows for the period from March 3, 2025 (inception) through June 30, 2025 4 Notes to Unaudited Condensed Financial Statements 5 Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 19 Item 3. Quantitative and Qualitative Disclosures About Market Risk 22 Item 4. Controls and Procedures 22 PART II - OTHER INFORMATION 23 Item 1. Legal Proceedings 23 Item 1.A. Risk Factors 23 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. 23 Item 3. Defaults Upon Senior Securities 23 Item 4. Mine Safety Disclosures 23 Item 5. Other Information 23 Item 6. Exhibits 24 PART III - SIGNATURES 25 i
- FINANCIAL INFORMATION
PART I - FINANCIAL INFORMATION
Interim Financial Statements
Item 1. Interim Financial Statements. YORKVILLE ACQUISITION CORP. UNAUDITED CONDENSED BALANCE SHEET JUNE 30, 2025 Assets: Current assets Cash $ 1,467,830 Prepaid expenses 85,000 Total current assets 1,552,830 Cash held in Trust Account 173,362,500 Total Assets $ 174,915,330 Liabilities, Class A Ordinary Shares Subject to Redemption, and Shareholders' Deficit: Current liabilities Accrued offering costs $ 573,472 Promissory note – related party 124,723 Accrued expenses 8,801 Accounts payable 30,680 Total current liabilities 737,676 Deferred underwriting commissions 5,175,000 Total Liabilities 5,912,676 Commitments and Contingencies (Note 7) Class A ordinary shares subject to possible redemption, $ 0.0001 par value; 17,250,000 shares issued and outstanding at redemption value of $ 10.05 per share 173,362,500 Shareholders' Deficit Preference shares, $ 0.0001 par value; 1,000,000 shares authorized; none issued or outstanding — Class A ordinary shares, $ 0.0001 par value; 200,000,000 shares authorized; 581,250 shares issued and outstanding (excluding 17,250,000 shares subject to possible redemption) 58 Class B ordinary shares, $ 0.0001 par value; 20,000,000 shares authorized; 5,750,000 shares issued and outstanding (1) 575 Additional paid-in capital — Accumulated deficit ( 4,360,479 ) Total Shareholders' Deficit ( 4,359,846 ) Total Liabilities, Class A Ordinary Shares Subject to Redemption, and Shareholders' Deficit $ 174,915,330 (1) Includes an aggregate of up to 750,000 Class B ordinary shares, $0.0001 par value subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (Note 6). On June 30, 2025, the underwriters fully exercised their over-allotment option. As such, no Class B ordinary shares were forfeited. The accompanying notes are an integral part of these unaudited condensed financial statements. 1 YORKVILLE ACQUISITION CORP. UNAUDITE