Yorkville International Capital Corp. (YICC) has a new significant passive shareholder group reported on Schedule 13G. RP Investment Advisors LP and several affiliated funds report beneficial ownership or control over a total of 1,550,000 Class A ordinary shares, representing 6.7% of Yorkville’s Class A shares, based on 23,000,000 shares outstanding as of the quarterly report filed August 12, 2026. The individual funds’ positions include RP Select Opportunities Master Fund Ltd., RP Debt Opportunities Fund Ltd., RP Alternative Global Bond Fund and RP Alternative Credit Opportunities Fund, all of which grant shared voting and dispositive power to the filer. The reporting persons state that their joint filing and disclosures are not an admission that they are a group or the beneficial owners for any other purpose.
Yorkville International Capital Corp has a significant shareholder group led by Magnetar entities and David J. Snyderman. As of June 30, 2026, Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC, and Mr. Snyderman are each deemed to beneficially own 1,200,000 Class A ordinary shares of Yorkville International Capital Corp.
These shares are held across several Magnetar-managed funds and represent approximately 5.22% of the 23,000,000 Class A shares outstanding, with shared voting and dispositive power over all 1,200,000 shares and no sole voting or dispositive power reported.
Yorkville International Capital Corp., a Cayman Islands special purpose acquisition company, filed its first quarterly report covering inception on March 31, 2026 through June 30, 2026. The company completed its IPO on June 17, 2026, issuing 23,000,000 units at $10.00 per unit, for gross proceeds of $230,000,000, and a concurrent private placement of 6,300,000 warrants at $1.00 each.
After transaction costs of $14,326,960, it deposited $230,000,000 into a segregated Trust Account, which grew to $230,300,725 with interest by June 30, 2026. These funds back 23,000,000 Class A ordinary shares that are subject to redemption at $10.01 per share, recorded as temporary equity. Cash outside the Trust Account was $811,018, supporting ongoing formation and search activities.
Yorkville reported a small net profit driven by interest on Trust Account assets and minimal operating activity. Deferred underwriting commissions totaled $9,200,000, payable only upon a successful business combination. The company has 13,966,666 warrants outstanding and has until June 17, 2028 to complete an initial business combination, with management stating it has sufficient liquidity for at least one year.
Adage Capital Management, L.P. and related reporting persons disclosed a significant passive stake in Yorkville International Capital Corp. They report beneficial ownership of 1,800,000 Class A Ordinary Shares of Yorkville International Capital Corp., a Cayman Islands exempted company. Based on 23,000,000 Class A Ordinary Shares outstanding as of June 17, 2026, this represents 7.83% of the class. The shares are held by Adage Capital Partners, L.P., with no sole voting or dispositive power but shared voting and shared dispositive power over 1,800,000 shares attributed to Adage Capital Management, L.P., and its managing members Robert Atchinson and Phillip Gross. The reporting persons state that the filing should not itself be construed as an admission of beneficial ownership beyond what is reported.
Yorkville International Capital Corp. reported that a group consisting of Yorkville International Capital Sponsor, LLC, YA II PN, Ltd., Yorkville Advisors Global, LP, Yorkville Advisors Global II, LLC and Mark Angelo may be deemed to beneficially own 15,183,333 Class B Ordinary Shares as of June 17, 2026. These Class B Ordinary Shares are described as "founder shares" and are automatically convertible into Class A Ordinary Shares on a one-for-one basis with or immediately following the company’s initial business combination, and may be converted earlier at the holder’s option, subject to adjustments. On an as-converted basis, the group’s holdings represent 39.6% of the total Class A Ordinary Shares, assuming conversion of all Class B Ordinary Shares and based on 38,333,333 Class A shares outstanding at that date. The sponsor is the record holder of these shares, with YA II PN and affiliated Yorkville entities, and Mark Angelo, holding economic and voting interests through a managed structure.