Welcome to our dedicated page for Yorkville Acquisition news (Ticker: YORKU), a resource for investors and traders seeking the latest updates and insights on Yorkville Acquisition stock.
Yorkville Acquisition Corp. (YORKU) generates news primarily through its activities as a special purpose acquisition company (SPAC) in the financial services sector. As a blank check company formed to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination, its key announcements focus on capital markets events, listing details, and progress toward a proposed business combination.
News coverage for YORKU includes its initial public offering of units on The Nasdaq Global Market, the commencement of trading under the ticker symbol YORKU, and subsequent updates on the ability of unit holders to separately trade Class A ordinary shares (YORK) and warrants (YORKW). These items provide insight into how the company’s securities are structured and traded, and how proceeds from the IPO and private placements are allocated to a trust account while a transaction is pursued.
A significant portion of recent YORKU news centers on its announced Business Combination Agreement with YA S3 Inc., Crypto.com (through Crypto.com Strategy Holdings), Trump Media & Technology Group Corp. and its sponsor. Press releases describe plans to establish Trump Media Group CRO Strategy, Inc., a digital asset treasury company focused on the acquisition and active management of the Cronos ecosystem’s native token, CRO. These releases outline the contemplated contributions of Cronos tokens and intellectual property, the structure of stock and warrant consideration, and the intention to convert Yorkville Acquisition Corp. into a Florida corporation and rename it upon closing.
Another notable news theme is the planned ticker symbol change from YORK and YORKU-related symbols to MCGA, MCGAU and MCGAW on Nasdaq, with the new symbol expected to transfer to Trump Media Group CRO Strategy upon closing of the Business Combination. Readers following YORKU news can monitor these developments, including additional Form 8-K disclosures and joint press releases, to understand how the proposed Transactions evolve and how they may affect the company’s capital structure and trading symbols.
Yorkville Acquisition Corp. (Nasdaq: YORK) announced its upcoming ticker symbol change to "MCGA" effective September 8, 2025, ahead of its business combination with Trump Media & Technology Group Corp. (DJT) and Crypto.com. The company's units and warrants will trade under "MCGAU" and "MCGAW" respectively.
Upon completion of the business combination, the company will be renamed to Trump Media Group CRO Strategy, focusing on acquiring the native cryptocurrency token of the Cronos ecosystem (CRO). The CUSIP for the company's common stock will remain unchanged, and existing stock certificates will not require exchange.
Trump Media & Technology Group (NASDAQ: DJT) has announced a significant business combination with Yorkville Acquisition Corp. (NASDAQ: YORK) and Crypto.com to establish Trump Media Group CRO Strategy, Inc. The new entity will focus on creating a digital asset treasury for CRO, the native cryptocurrency of the Cronos ecosystem.
The deal includes $1 billion in CRO tokens (~19% of total CRO market cap), $200 million in cash, $220 million in mandatory exercise warrants, and a $5 billion equity line of credit from YA II PN, Ltd. The company will trade on Nasdaq under the symbol "MCGA". The founding partners have agreed to a one-year lock-up period followed by a 3-year restrictive release schedule.
Yorkville Acquisition Corp. (Nasdaq: YORKU) announced that holders of units from its recent IPO can begin trading Class A ordinary shares and warrants separately starting July 25, 2025. The IPO, completed on June 30, 2025, consisted of 17,250,000 units, including 2,250,000 units from the underwriters' overallotment option.
The Class A ordinary shares and warrants will trade under symbols "YORK" and "YORKW" respectively on Nasdaq, while unseparated units will continue trading as "YORKU". Unit holders must contact Continental Stock Transfer & Trust Company to separate their units.
["Successfully completed IPO of 17,250,000 units", "Full exercise of 2,250,000 unit overallotment option by underwriters"]Yorkville Acquisition Corp. (Nasdaq: YORKU) has successfully completed its initial public offering (IPO), raising $172.5 million in gross proceeds. The company sold 17,250,000 units at $10.00 per unit, which included the full exercise of the underwriters' over-allotment option of 2,250,000 units.
Each unit comprises one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant allows holders to purchase one Class A ordinary share at $11.50 per share. The units began trading on Nasdaq under "YORKU" on June 27, 2025, with the Class A ordinary shares and warrants expected to trade separately under "YORK" and "YORKW" respectively.
Clear Street is serving as the sole book-running manager, with D. Boral Capital LLC as co-manager. The company plans to use the proceeds from the offering and simultaneous private placement to pursue a business combination.
Yorkville Acquisition Corp. (NASDAQ:YORKU) has announced the pricing of its initial public offering (IPO) of 15 million units at $10.00 per unit, totaling $150 million. Each unit comprises one Class A ordinary share and one-third of one redeemable warrant, with whole warrants exercisable at $11.50 per share.
The units will begin trading on Nasdaq under "YORKU" on June 27, 2025. Upon separation, shares and warrants will trade under "YORK" and "YORKW" respectively. Clear Street is serving as the sole book-running manager, with a 45-day over-allotment option for an additional 2.25 million units. The offering is expected to close on June 30, 2025.
FAQ
What is the current stock price of Yorkville Acquisition (YORKU)?
