Yorkville Acquisition Corp. Announces Closing of $172,500,000 Initial Public Offering, Including Full Exercise of Underwriters’ Over-Allotment Option
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) ha completato con successo la sua offerta pubblica iniziale (IPO), raccogliendo 172,5 milioni di dollari di proventi lordi. La società ha venduto 17.250.000 unità a 10,00 dollari ciascuna, includendo l'esercizio completo dell'opzione di sovrallocazione degli underwriter pari a 2.250.000 unità.
Ogni unità comprende una azione ordinaria di Classe A e un terzo di un warrant rimborsabile. Ogni warrant intero consente ai detentori di acquistare un'azione ordinaria di Classe A a 11,50 dollari per azione. Le unità hanno iniziato a essere negoziate al Nasdaq con il simbolo "YORKU" il 27 giugno 2025, mentre le azioni ordinarie di Classe A e i warrant dovrebbero essere negoziati separatamente con i simboli "YORK" e "YORKW" rispettivamente.
Clear Street agisce come unico book-running manager, con D. Boral Capital LLC come co-manager. La società intende utilizzare i proventi dell'offerta e del collocamento privato simultaneo per perseguire una combinazione aziendale.
Yorkville Acquisition Corp. (Nasdaq: YORKU) ha completado con éxito su oferta pública inicial (OPI), recaudando 172,5 millones de dólares en ingresos brutos. La compañía vendió 17.250.000 unidades a 10,00 dólares por unidad, incluyendo el ejercicio completo de la opción de sobresuscripción de los colocadores por 2.250.000 unidades.
Cada unidad consta de una acción ordinaria Clase A y un tercio de un warrant redimible. Cada warrant completo permite a los tenedores comprar una acción ordinaria Clase A a 11,50 dólares por acción. Las unidades comenzaron a cotizar en Nasdaq bajo el símbolo "YORKU" el 27 de junio de 2025, y se espera que las acciones ordinarias Clase A y los warrants coticen por separado bajo "YORK" y "YORKW" respectivamente.
Clear Street actúa como único gestor principal del libro, con D. Boral Capital LLC como co-gestor. La compañía planea usar los ingresos de la oferta y la colocación privada simultánea para llevar a cabo una combinación empresarial.
Yorkville Acquisition Corp. (Nasdaq: YORKU)는 성공적으로 기업공개(IPO)를 완료하여 1억 7,250만 달러의 총 수익을 모았습니다. 회사는 1단위당 10.00달러에 17,250,000 단위를 판매했으며, 이에는 인수단의 전체 초과배정 옵션 2,250,000 단위의 전액 행사도 포함됩니다.
각 단위는 1주의 클래스 A 보통주와 1/3개의 상환 가능 워런트로 구성됩니다. 워런트 1개는 보유자가 주당 11.50달러에 클래스 A 보통주 1주를 구매할 수 있는 권리를 제공합니다. 단위는 2025년 6월 27일 나스닥에서 "YORKU"라는 심볼로 거래를 시작했으며, 클래스 A 보통주와 워런트는 각각 "YORK"와 "YORKW"로 별도 거래될 예정입니다.
Clear Street가 단독 주간사로, D. Boral Capital LLC가 공동 주간사로 활동하고 있습니다. 회사는 공모와 동시에 진행된 사모 발행에서 조달한 자금을 사업 결합 추진에 사용할 계획입니다.
Yorkville Acquisition Corp. (Nasdaq : YORKU) a réussi son introduction en bourse (IPO), levant 172,5 millions de dollars de produit brut. La société a vendu 17 250 000 unités à 10,00 dollars l'unité, incluant l'exercice complet de l'option de surallocation des souscripteurs de 2 250 000 unités.
Chaque unité comprend une action ordinaire de classe A et un tiers d'un bon de souscription remboursable. Chaque bon complet permet à son détenteur d'acheter une action ordinaire de classe A à 11,50 dollars par action. Les unités ont commencé à être négociées sur le Nasdaq sous le symbole "YORKU" le 27 juin 2025, les actions ordinaires de classe A et les bons devant être négociés séparément sous les symboles "YORK" et "YORKW" respectivement.
Clear Street agit en tant que gestionnaire unique du livre, avec D. Boral Capital LLC en tant que co-gestionnaire. La société prévoit d'utiliser les fonds issus de l'offre et du placement privé simultané pour poursuivre une opération de fusion-acquisition.
Yorkville Acquisition Corp. (Nasdaq: YORKU) hat erfolgreich seinen Börsengang (IPO) abgeschlossen und dabei 172,5 Millionen US-Dollar Bruttoerlös erzielt. Das Unternehmen verkaufte 17.250.000 Einheiten zu je 10,00 US-Dollar, einschließlich der vollständigen Ausübung der Mehrzuteilungsoption der Underwriter von 2.250.000 Einheiten.
Jede Einheit besteht aus einer Stammaktie der Klasse A und einem Drittel eines rückzahlbaren Optionsscheins. Jeder ganze Optionsschein berechtigt den Inhaber, eine Stammaktie der Klasse A zu 11,50 US-Dollar pro Aktie zu erwerben. Die Einheiten begannen am 27. Juni 2025 unter dem Symbol "YORKU" an der Nasdaq gehandelt zu werden, während die Stammaktien der Klasse A und die Optionsscheine voraussichtlich separat unter "YORK" bzw. "YORKW" gehandelt werden.
Clear Street fungiert als alleiniger Bookrunner, mit D. Boral Capital LLC als Co-Manager. Das Unternehmen plant, die Erlöse aus dem Angebot und der gleichzeitigen Privatplatzierung zur Verfolgung einer Unternehmenszusammenführung zu verwenden.
- Successfully raised $172.5 million in gross proceeds from IPO
- Full exercise of underwriters' over-allotment option, indicating strong demand
- Trading on major exchange (Nasdaq Global Market)
- Clear structure with warrant incentives for investors at $11.50 exercise price
- SPAC structure with no identified acquisition target yet
- Potential dilution from warrant exercises
- Investment depends on future successful business combination
Insights
Yorkville Acquisition Corp completed a $172.5M SPAC IPO with full exercise of over-allotment, signaling strong investor demand.
Yorkville Acquisition Corp has successfully completed its initial public offering (IPO), raising
Each unit consists of one Class A ordinary share and one-third of a redeemable warrant, with each whole warrant allowing the purchase of one Class A ordinary share at
As a Special Purpose Acquisition Company (SPAC), Yorkville has no commercial operations of its own but will use the raised capital to acquire or merge with an existing business. This represents a classic blank-check structure where investors essentially provide capital based on faith in the management team's ability to identify and complete a value-creating business combination.
The full exercise of the over-allotment option (often called the "green shoe") signals healthy market reception, as underwriters typically only exercise this option when demand exceeds initial supply. With Clear Street serving as the sole book-runner and D. Boral Capital as co-manager, this SPAC now joins dozens of others currently seeking acquisition targets in the market.
Mountainside, NJ, June 30, 2025 (GLOBE NEWSWIRE) -- Yorkville Acquisition Corp. (Nasdaq: YORKU) (the “Company”) today announced that it closed its initial public offering of 17,250,000 units, including the issuance of 2,250,000 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
The Company intends to use the net proceeds from the offering and the simultaneous private placement of units to pursue and consummate a business combination with one or more businesses.
Clear Street is acting as the sole book-running manager in the offering. D. Boral Capital LLC is acting as co-manager of the offering. DLA Piper LLP (US) is serving as legal counsel to the Company and Maples and Calder (Cayman LLP) is serving as Cayman Islands legal counsel to the Company. Loeb & Loeb LLP is serving as legal counsel to the underwriters.
The offering was made only by means of a prospectus, copies of which may be obtained from Clear Street, Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New York, NY 10007, by email at ecm@clearstreet.io, or from the SEC website at www.sec.gov.
A registration statement relating to these securities sold in the initial public offering was declared effective by the Securities and Exchange Commission (“SEC”) on June 26, 2025.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 Acquisition 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 or industry, it intends to focus its search for businesses at the intersection of media, technology, and entertainment.
Forward-Looking Statements
This press release includes forward-looking statements, including with respect to the Company's anticipated use of the net proceeds thereof and the Company's search for an initial business combination. 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. No assurance can be given that the net proceeds of the offering will be used as indicated. 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 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 Acquisition Corp.
1012 Springfield Avenue
Mountainside, New Jersey 07092
Kevin McGurn
Chief Executive Officer
Email: kjmcgurn@gmail.com
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