Yorkville Acquisition Corp. 8-K

What Happened Yorkville Acquisition Corp. (MCGA) filed an 8-K (Item 5.02) reporting that on December 30, 2025 the Board approved a $15,000 monthly advisory fee payable to its Chief Executive Officer, Kevin McGurn. The fee is effective as of October 2025 and is for services related to identifying, investigating, negotiating and completing the Company’s initial business combination.

Key Details

• Board approval date: December 30, 2025.
• Fee amount: $15,000 per month payable to CEO Kevin McGurn.
• Effective date: October 2025.
• Duration: Continues monthly until the earlier of (i) closing the Company’s initial business combination or (ii) liquidation of the Company.

Why It Matters This filing documents a formal compensation arrangement for the CEO tied to the company’s search for and completion of an acquisition (the SPAC “initial business combination”). For investors, the item clarifies management’s compensation for deal-related work and highlights an ongoing expense that will continue until a merger or liquidation occurs. It does not report financial results or a transaction closing; it simply confirms the Board-approved advisory payment to the CEO.