Here are the 10-Q quarterly reports from Yorkville Acquisition Corp. (YORK) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow YORK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full YORK filings page.
Yorkville Acquisition Corp., a SPAC, reported modest first-quarter net income of $943,355 for the three months ended March 31, 2026, driven entirely by investment income on IPO proceeds held in trust. Income on investments in the Trust Account was $1,594,402, while general and administrative expenses were $652,277, and the company has not yet begun operating a business.
As of March 31, 2026, Yorkville held $177,932,677 in its Trust Account and only $60,261 of cash outside the trust, resulting in a working capital deficit of $2,258,970. Management disclosed that these conditions, along with ongoing costs to pursue a merger, raise substantial doubt about its ability to continue as a going concern.
The SPAC is pursuing a complex Business Combination Agreement signed on August 25, 2025 with Crypto.com affiliates and Trump Media & Technology Group, involving a contribution of 6,313,000,212 Cronos tokens and related assets in exchange for SPAC equity and warrants. After quarter-end, CEO Kevin McGurn resigned on April 22, 2026 and was replaced by Troy Rillo, who will also continue as Chief Financial Officer.