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Yorkville Acquisition swings to Q2 FY26 net income of $1.42 million; trust account investment income rises to $1.6 million

PUBT
Aug 12, 2026 at 08:16 PM
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Yorkville Acquisition reported a Q2 FY26 net income of $1.42 million, reversing a prior loss, driven by $1.6 million in trust account investment income. General and administrative expenses were $181,086. The company terminated its business combination agreement with Crypto.com and TMTG on August 7, 2026, citing market conditions. Cash outside the trust stood at $181,617 against a working capital deficit of $2.44 million.

  • Yorkville Acquisition posted net income of USD 1.42 million for the quarter ended June 30, 2026, swinging from a net loss of USD 61,710. * Income on investments in the Trust Account was USD 1.6 million, with interest income of USD 1,087. * General and administrative expenses totaled USD 181,086, reflecting ongoing public-company and deal-search costs. * Cash outside the Trust Account was USD 181,617, with a working capital deficit of USD 2.44 million. * The parties terminated the Crypto.com and TMTG business combination agreement on Aug. 7, 2026 due to market conditions. 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: 0001104659-26-094872), on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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