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Jun 18, 2026 12:00 AM

Yorkville International Capital Corp. Announces Closing of $230,000,000 Initial Public Offering

MOUNTAINSIDE, N.J., June 17, 2026 (GLOBE NEWSWIRE) -- Yorkville International Capital Corp. (the "Company") announced today that it closed its initial public offering of 23,000,000 units, including the issuance of 3,000,000 units as result of the underwriters' exercise of their over-allotment option in full, at $10.00 per unit. The gross proceeds from the offering were $230 million before deducting underwriting discounts and estimated offering expenses. The units began trading on the Global Market tier of The Nasdaq Stock Market ("Nasdaq") under the ticker symbol "YICCU" on June 16, 2026.

Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share of the Company at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "YICC" and "YICCW," respectively.

Cohen & Company Capital Markets, ...