Yorkville International Capital (Nasdaq:YICCU) closed its $230 million initial public offering of 23,000,000 units at $10.00 per unit, including full exercise of the 3,000,000-unit over-allotment option.
Each unit includes one Class A ordinary share and one-third of a redeemable warrant exercisable at $11.50 per share.
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Positive
IPO raises $230 million in gross proceeds
Full exercise of 3,000,000-unit over-allotment option
Listing on Nasdaq Global Market under symbols YICCU, later YICC and YICCW
Unit structure includes redeemable warrants exercisable at $11.50 per share
Negative
None.
News Market Reaction – YICCU
+0.20%
+0.20%Session close to close
In the Jun 18 session, YICCU gained 0.20%, reflecting a mild positive market reaction.
This announcement confirms completion of a $230,000,000 IPO at $10.00 per unit with attached warrant...
Analysis
This announcement confirms completion of a $230,000,000 IPO at $10.00 per unit with attached warrants at $11.50. With minimal trading history and no prior news pattern, warrant overhang and future deal execution remain key factors to monitor.
Key Figures
IPO gross proceeds:$230,000,000Units offered:23,000,000 unitsOver-allotment units:3,000,000 units+5 more
8 metrics
IPO gross proceeds$230,000,000Initial public offering before underwriting discounts and expenses
Units offered23,000,000 unitsTotal IPO units including full over-allotment exercise
Over-allotment units3,000,000 unitsUnderwriters' over-allotment option exercised in full
IPO price$10.00 per unitInitial public offering price of each unit
Warrant exercise price$11.50 per shareExercise price for each whole redeemable warrant
Warrant coverage1/3 redeemable warrant per unitEach unit includes one Class A ordinary share and one-third warrant
Units listing dateJune 16, 2026Units began trading on Nasdaq Global Market under 'YICCU'
S-1 effectiveness dateJune 15, 2026Form S-1 (333-295912) declared effective by the SEC
Key Terms
over-allotment option, redeemable warrant, registration statement on form s-1, prospectus, +1 more
5 terms
over-allotment optionfinancial
"including the issuance of 3,000,000 units as result of the underwriters' exercise of their over-allotment option in full"
An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.
redeemable warrantfinancial
"Each unit consists of one Class A ordinary share and one-third of one redeemable warrant."
A redeemable warrant is a financial tool that gives its holder the right to buy shares of a company at a fixed price within a certain period. If the holder chooses to do so, the company can buy back or cancel the warrant before it expires, often to encourage investment or manage share issuance. For investors, it provides an option to potentially buy shares at a favorable price while offering some flexibility for the issuing company.
registration statement on form s-1regulatory
"A registration statement on Form S-1 (333-295912) relating to these securities sold"
A registration statement on Form S-1 is a detailed filing a company submits to the U.S. securities regulator to register new shares for public sale; it includes a plain-language prospectus, financial statements, business description and risk factors. For investors it matters because it provides the official, comprehensive blueprint of the offering — like an owner’s manual — allowing buyers to assess risks, inspect financial health and compare valuation before deciding to invest.
prospectusregulatory
"The offering was made by means of a prospectus."
A prospectus is a detailed document that explains a company's plans for offering new shares or investments to the public. It’s important because it provides potential investors with key information about the company’s business, risks, and how they might make money, helping them decide whether to invest. Think of it as a guidebook for understanding what you're buying into.
book-running managerfinancial
"Cohen & Company Capital Markets ... acted as the sole book-running manager in the offering."
A book-running manager is the lead organizer responsible for coordinating a large financial sale, such as issuing new stocks or bonds. They oversee preparing all necessary documents, setting the sale’s price, and finding buyers, much like a concert promoter arranging a major event. Their role matters to investors because they help ensure the offering is successfully sold at the best possible terms.
MOUNTAINSIDE, N.J., June 17, 2026 (GLOBE NEWSWIRE) -- Yorkville International Capital Corp. (the “Company”) announced today that it closed its initial public offering of 23,000,000 units, including the issuance of 3,000,000 units as result of the underwriters' exercise of their over-allotment option in full, at $10.00 per unit. The gross proceeds from the offering were $230 million before deducting underwriting discounts and estimated offering expenses. The units began trading on the Global Market tier of The Nasdaq Stock Market ("Nasdaq") under the ticker symbol "YICCU" on June 16, 2026.
Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share of the Company at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "YICC" and "YICCW," respectively.
Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC (“CCM”), acted as the sole book-running manager in the offering.
A registration statement on Form S-1 (333-295912) relating to these securities sold in the initial public offering has been filed with the Securities and Exchange Commission (“SEC”) and was declared effective on June 15, 2026. The offering was made by means of a prospectus. Copies of the prospectus may be obtained from CCM, Attn: Cohen & Company Capital Markets, 3 Columbus Circle, 24th floor, New York, NY 10019, by email at capitalmarkets@cohencm.com, or from the SEC website at www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Yorkville International Capital Corp.
The Company is a blank check company incorporated in the Cayman Islands as an exempted company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The Company has not selected any specific business combination target and has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination. While the Company may pursue a business combination target in any business, sector or geographic location, it intends to focus its search on established businesses operating in emerging markets, with a particular emphasis on Latin America and Venezuela.
Forward-Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the registration statement and related final prospectus filed in connection with the initial public offering with the SEC. Copies are available on the SEC’s website, www.sec.gov.
Contact Information:
Yorkville International Capital Corp. 1012 Springfield Avenue Mountainside, New Jersey 07092
What are the key details of Yorkville International Capital (Nasdaq:YICCU) IPO?
Yorkville International Capital completed a $230 million IPO of 23,000,000 units at $10.00 per unit. According to the company, each unit includes one Class A ordinary share and one-third of a redeemable warrant.
When did Yorkville International Capital YICCU units begin trading on Nasdaq?
Yorkville International Capital units began trading on the Nasdaq Global Market on June 16, 2026 under ticker YICCU. According to the company, separate trading of shares and warrants is expected under symbols YICC and YICCW.
What does each Yorkville International Capital YICCU unit consist of?
Each YICCU unit consists of one Class A ordinary share and one-third of one redeemable warrant. According to Yorkville International Capital, each whole warrant allows purchase of one Class A share at $11.50, subject to adjustments.
How many units were sold in the Yorkville International Capital YICCU IPO?
Yorkville International Capital sold 23,000,000 units in its IPO, including 3,000,000 from the over-allotment option. According to the company, this generated $230 million in gross proceeds before underwriting discounts and expenses.
What is the exercise price of Yorkville International Capital YICCW warrants?
Each whole YICCW warrant is exercisable at $11.50 per Class A share. According to Yorkville International Capital, only whole warrants will trade and the exercise terms are subject to certain adjustments detailed in the prospectus.
Who managed the Yorkville International Capital YICCU initial public offering?
Cohen & Company Capital Markets acted as sole book-running manager for the YICCU IPO. According to Yorkville International Capital, the registration statement on Form S-1 was declared effective by the SEC on June 15, 2026.
