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MOUNTAINSIDE, N.J. - Yorkville Acquisition Corp. (NASDAQ:YORKU) announced Monday that holders of units from its June 30 initial public offering can begin trading Class A ordinary shares and warrants separately starting July 25.
The company completed its IPO of 17,250,000 units last month, which included 2,250,000 units issued when underwriters exercised their overallotment option.
Once separate trading begins, the Class A ordinary shares and warrants will trade on the Nasdaq Global Market under the symbols "YORK" and "YORKW" respectively. Units not separated will continue trading under "YORKU."
Unit holders who wish to separate their holdings must contact Continental Stock Transfer & Trust Company, the company’s transfer agent.
Yorkville Acquisition Corp. is a blank check company incorporated in the Cayman Islands. The firm aims to effect a merger, share exchange, asset acquisition or similar business combination, with a focus on targets at the intersection of media, technology, and entertainment.
The company has not selected any specific business combination target and has not engaged in substantive discussions with potential targets, according to the press release statement.
A registration statement for the securities was declared effective on June 26, 2025, in accordance with the Securities Act of 1933.
In other recent news, Yorkville Acquisition Corp. announced the completion of its initial public offering (IPO) and a concurrent private placement, raising a total of $176,018,250. The company closed its IPO with the issuance of 17,250,000 units, which included the exercise of an over-allotment option, generating gross proceeds of $172,500,000. Each unit was priced at $10.00 and included one Class A ordinary share and a third of one redeemable warrant. In addition to the IPO, Yorkville Acquisition Corp. completed a private sale of 351,825 units to Yorkville Acquisition Sponsor LLC, raising an additional $3,518,250. A total of $173,362,500 from these transactions has been deposited into a U.S.-based trust account managed by Continental Stock Transfer & Trust Company. Yorkville Acquisition Corp.’s Class A ordinary shares, units, and warrants are now listed on the Nasdaq Stock Market. The company has filed an audited balance sheet reflecting the receipt of proceeds as of June 30. These developments were disclosed in a recent SEC filing.
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