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Yorkville Acquisition amends sponsor working-capital note to $500,000

PUBT·07/15/2026 21:13:10
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Yorkville Acquisition amends sponsor working-capital note to $500,000
  • Yorkville Acquisition Corp. amended and restated its working capital financing with Yorkville Acquisition Sponsor, lifting the convertible unsecured promissory note to $500,000.
  • The note carries no interest. It is due at the earlier of the initial business combination or the company’s winding up.
  • The sponsor advanced an additional $250,000 on May 4, 2026. The prior $250,000 note was issued on Feb. 11, 2026.
  • Upon a business combination, the sponsor can convert principal at $10 per unit into up to 50,000 private placement-style units.
  • Each unit includes one Class A share plus one-third of a redeemable warrant. Whole warrants have an $11.5 exercise price.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yorkville Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-083939), on July 15, 2026, and is solely responsible for the information contained therein.