Yorkville International Capital Corp. Announces Closing of $230,000,000 Initial Public Offering
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.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
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.
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.
Details
News Market Reaction – YICCU
On Jun 18, the first trading day after this news, YICCU closed 0.20% above the previous close.
Data tracked by StockTitan Argus for the Jun 18 session.
Key Figures
- IPO gross proceeds
- $230,000,000
- Initial public offering before underwriting discounts and expenses
- Units offered
- 23,000,000 units
- Total IPO units including full over-allotment exercise
- Over-allotment units
- 3,000,000 units
- Underwriters' over-allotment option exercised in full
- IPO price
- $10.00 per unit
- Initial public offering price of each unit
- Warrant exercise price
- $11.50 per share
- Exercise price for each whole redeemable warrant
- Warrant coverage
- 1/3 redeemable warrant per unit
- Each unit includes one Class A ordinary share and one-third warrant
- Units listing date
- June 16, 2026
- Units began trading on Nasdaq Global Market under 'YICCU'
- S-1 effectiveness date
- June 15, 2026
- Form S-1 (333-295912) declared effective by the SEC
Key Terms
over-allotment option financial
redeemable warrant financial
registration statement on form s-1 regulatory
prospectus regulatory
book-running manager financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
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
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
Kevin McGurn
Chief Executive Officer
Phone : (201) 985-8300
Email : kevin@yorkvilleac.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.