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Yorkville Acquisition Corp Class A ( (MCGA) ) has issued an update.
Yorkville Acquisition Corp., a Cayman Islands exempted company structured as a special purpose acquisition company (SPAC), is focused on identifying and completing an initial business combination, typically by merging with or acquiring a private operating business. On December 30, 2025, the board of Yorkville Acquisition Corp. approved a monthly advisory fee of $15,000 to be paid to Chief Executive Officer Kevin McGurn, retroactive to October 2025, as compensation for his work in identifying, investigating, negotiating and finalizing the company’s initial business combination, with the payments continuing until either the closing of such a transaction or the company’s liquidation, signaling a formalized incentive framework around the SPAC’s deal-making efforts.
More about Yorkville Acquisition Corp Class A
Average Trading Volume: 132,362
Technical Sentiment Signal: Strong Sell
Current Market Cap: $238.4M
Learn more about MCGA stock on TipRanks’ Stock Analysis page.