Yorkville Acquisition Corp.

Yorkville Acquisition Corp. (MCGA) reported a net income of $943,355 for the three months ended March 31, 2026, a significant improvement from a net loss in the prior year period. The company's investments in its Trust Account grew to $177.9 million. The filing also detailed the terms of its previously announced Business Combination Agreement with Crypto.com and Trump Media & Technology Group Corp., involving asset contributions in exchange for shares and warrants. Despite the net income, the company faces a working capital deficit and a going concern warning, with management relying on the Business Combination to address liquidity needs.

Yorkville Acquisition Corp. announced a change in its executive leadership. Kevin McGurn resigned from his roles as Chief Executive Officer and director, effective April 22, 2026. The company stated that his resignation was not due to any disputes or disagreements. Concurrently, Troy Rillo, who has served as the company's Chief Financial Officer since August 2025, was appointed as the new Chief Executive Officer, effective immediately. Mr. Rillo will retain his CFO position.