Yorkville Acquisition (YORKU) CFO files Form 3 showing no stock
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Yorkville Acquisition Corp. disclosed an initial ownership report for its Chief Financial Officer, Troy Rillo, on a Form 3. The filing states that no securities of the company are beneficially owned, and both the non-derivative and derivative securities tables report no holdings.
Positive
- None.
Negative
- None.
FAQ
What does Yorkville Acquisition Corp. (YORKU) Form 3 disclose?
The Form 3 discloses that Yorkville Acquisition Corp.’s Chief Financial Officer, Troy Rillo, currently reports no beneficial ownership of the company’s securities. Both the non-derivative and derivative securities tables show zero holdings, indicating no reportable equity or derivative positions at this time.
Who is the reporting person on the Yorkville Acquisition Corp. Form 3?
The reporting person is Troy Rillo, who serves as Chief Financial Officer of Yorkville Acquisition Corp. He filed a Form 3 as an officer of the company and indicated that he does not beneficially own any of the issuer’s securities as of the event date.
What securities are listed in the non-derivative and derivative tables on this Form 3?
The Form 3 includes standard tables for non-derivative and derivative securities but lists no specific instruments or quantities. Instead, the explanation section clearly states that no securities are beneficially owned, so no non-derivative shares or derivative contracts are reported for the CFO.
Why is Yorkville Acquisition Corp.’s Chief Financial Officer filing a Form 3?
The Chief Financial Officer, Troy Rillo, files Form 3 because officers of a public company must report their beneficial ownership when they become subject to Section 16 reporting. In this case, his initial statement shows that he currently has no beneficial ownership in Yorkville Acquisition Corp. securities.