Yorkville CFO reports 150,000 founder shares
Yorkville International Capital Corp. Chief Financial Officer Troy Rillo has filed an initial Form 3 showing his equity position.
Rhea-AI Filing Summary
Yorkville International Capital Corp. Chief Financial Officer Troy Rillo has filed an initial Form 3 showing his equity position. He holds 150,000 Class B ordinary shares, which are founder shares acquired through a subscription agreement with the company.
The Class B ordinary shares will automatically convert into Class A ordinary shares on a one-for-one basis at the time of Yorkville’s initial business combination, or earlier at Mr. Rillo’s option, subject to adjustments. The Class B shares have no expiration date, so this position remains outstanding until converted or otherwise disposed.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
Footnotes (2)
- F1. As described in the registration statement on Form S-1 (File No. 333-295912) of Yorkville International Capital Corp. (the "Issuer") under the heading "Description of Securities--Founder Shares," the shares of Class B ordinary shares will automatically convert into shares of Class A ordinary shares at the time of the Issuer's initial business combination, or at any time prior to the Issuer's initial business combination, at the option of the holder, on a one-for-one basis, subject to certain adjustments. The Class B ordinary shares have no expiration date.
- F2. These shares represent the Class B ordinary shares held by Troy Rillo acquired pursuant to a subscription agreement by and between the Issuer and Mr. Rillo.
Key Figures
Key Terms
initial business combination financial
subscription agreement financial
FAQ
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What does Yorkville International Capital Corp. (YICCU) disclose in Troy Rillo’s Form 3?
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