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Quarterly ResultAug 12, 2026, 05:32 PM

Yorkville International Capital Reports Q2 Net Income $107,543 Post-IPO

AI Summary

Yorkville International Capital Corp. filed its 10-Q for the quarter ended June 30, 2026, reporting a net income of $107,543 for the period from its inception on March 31, 2026. The company, a Special Purpose Acquisition Company (SPAC), consummated its Initial Public Offering on June 17, 2026, raising $230,000,000, which was subsequently placed into a Trust Account. As of June 30, 2026, the company held $230,300,725 in its Trust Account and is focused on identifying and negotiating a potential Business Combination.

Key Highlights

  • Net income was $107,543 for the period from inception (March 31, 2026) through June 30, 2026.
  • Cash held in Trust Account totaled $230,300,725 as of June 30, 2026.
  • Total Assets stood at $231,410,098 as of June 30, 2026.
  • Total Liabilities were $9,304,514 as of June 30, 2026.
  • Shareholders' Deficit was $(8,195,141) as of June 30, 2026.
  • Initial Public Offering generated $230,000,000 from 23,000,000 units at $10.00 per unit.
  • Private Placement Warrants generated $6,300,000 in proceeds.
  • Deferred underwriting commissions amounted to $9,200,000.