Yorkville Acquisition | 10-Q: FY2025 Q2 EPS: USD -0.01

EPS: As of FY2025 Q2, the actual value is USD -0.01.

Net Loss: For the three months ended June 30, 2025, the net loss was $61,710, primarily due to formation, general and administrative expenses of $63,574, offset by interest income of $1,864. For the period from March 3, 2025 (inception) through June 30, 2025, the net loss was $92,134, with formation, general and administrative expenses of $93,998, offset by interest income of $1,864.

Net Cash Used in Operating Activities: For the period from March 3, 2025 (inception) through June 30, 2025, net cash used in operating activities was - $83,696. This was adjusted by formation, general and administrative expenses paid by the Sponsor under a promissory note of $41,195, and formation, general and administrative expenses paid by the Sponsor in exchange for issuance of Class B ordinary shares of $12,762.
Net Cash Used in Investing Activities: Net cash used in investing activities was - $173,362,500, related to the funding of the Trust Account.
Net Cash Provided by Financing Activities: Net cash provided by financing activities was $174,914,026, related to $171,344,250 of net proceeds from the issuance of ordinary shares, $3,518,250 of proceeds from the sale of Private Placement Units, and $181,750 of capital contributions from the Sponsor, offset by $130,224 payments of deferred offering costs.

Core Business Focus: Yorkville Acquisition Corp. aims to complete an initial business combination using the proceeds from its Initial Public Offering and the sale of Private Placement Units. The company has placed $173,362,500 in a Trust Account to be used for this purpose, with a focus on the telecom, media, and technology sectors.
Liquidity and Capital Resources: As of June 30, 2025, the company had $1,467,830 in cash and cash equivalents held outside of the Trust Account and a working capital deficit of $815,154. The company may need to raise additional funds to meet expenditures required for operating its business prior to the initial business combination.

EPS: As of FY2025 Q2, the actual value is USD -0.01.

Net Loss: For the three months ended June 30, 2025, the net loss was $61,710, primarily due to formation, general and administrative expenses of $63,574, offset by interest income of $1,864. For the period from March 3, 2025 (inception) through June 30, 2025, the net loss was $92,134, with formation, general and administrative expenses of $93,998, offset by interest income of $1,864.

Net Cash Used in Operating Activities: For the period from March 3, 2025 (inception) through June 30, 2025, net cash used in operating activities was - $83,696. This was adjusted by formation, general and administrative expenses paid by the Sponsor under a promissory note of $41,195, and formation, general and administrative expenses paid by the Sponsor in exchange for issuance of Class B ordinary shares of $12,762.
Net Cash Used in Investing Activities: Net cash used in investing activities was - $173,362,500, related to the funding of the Trust Account.
Net Cash Provided by Financing Activities: Net cash provided by financing activities was $174,914,026, related to $171,344,250 of net proceeds from the issuance of ordinary shares, $3,518,250 of proceeds from the sale of Private Placement Units, and $181,750 of capital contributions from the Sponsor, offset by $130,224 payments of deferred offering costs.

Core Business Focus: Yorkville Acquisition Corp. aims to complete an initial business combination using the proceeds from its Initial Public Offering and the sale of Private Placement Units. The company has placed $173,362,500 in a Trust Account to be used for this purpose, with a focus on the telecom, media, and technology sectors.
Liquidity and Capital Resources: As of June 30, 2025, the company had $1,467,830 in cash and cash equivalents held outside of the Trust Account and a working capital deficit of $815,154. The company may need to raise additional funds to meet expenditures required for operating its business prior to the initial business combination.