Yorkville Acquisition Corp.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Kevin McGurn
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1012 Springfield Avenue Mountainside Cayman Islands 07092
- IPO Date
- Jun 27, 2025
- CIK
- 0002064658
- Similar Companies
- Business
- Yorkville Acquisition Corp. is a Cayman Islands-domiciled special-purpose acquisition company (SPAC) primarily focused on identifying and completing a business combination within the telecommunications, media, and technology (TMT) sector. The company completed its initial public offering in June 2025, raising approximately $172.5 million through the sale of 17.25 million units priced at $10 each. Each unit consists of one Class A ordinary share and one-third of a redeemable warrant. Yorkville Acquisition Corp. is pursuing a definitive business combination with Trump Media Group CRO Strategy, Inc., aiming to establish a digital asset treasury company centered on acquiring the native cryptocurrency token of the Cronos ecosystem (CRO). The resultant combined company, trading on Nasdaq under the ticker MCGA, will focus on innovative digital asset management and financial services through brands including Truth Social, Truth+, and Truth.Fi, which provide social media, family-friendly TV streaming, and fintech investment products respectively. Recent strategic actions include the appointment of Steve Gutterman as CEO and Sim Salzman as CFO, a $6.42 billion financing package involving $200 million in cash, $220 million from mandatory exercised warrants, and a $5 billion equity line of credit facilitated by Yorkville and its affiliates, in collaboration with partners such as Crypto.com. The company is headquartered in Mountainside, New Jersey, and emphasizes growth through strategic alliances, digital asset acquisition, and fintech innovations within the TMT space. Yorkville Acquisition Corp. was incorporated to leverage its sponsor’s expertise and capital backing to pursue scale transactions in high-growth sectors aligned with digital assets and technology-driven media platforms.
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