Yorkville Acquisition Corp. has announced the issuance of a $250,000 convertible unsecured promissory note to its sponsor, Yorkville Acquisition Sponsor, LLC, to provide additional working capital. The note is convertible, at the sponsor's election upon completion of the company's initial business combination, into up to 25,000 units consisting of one Class A ordinary share and one-third of a redeemable warrant per unit. The securities were issued in a private placement relying on Section 4(a)(2) of the Securities Act of 1933.

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