Yorkville International Capital closes $230 million IPO of 23 million units
Yorkville International Capital Corp. (YICC) closed its initial public offering on June 17, 2026, selling 23,000,000 units at $10.00 each, including 3,000,000 units from the underwriter's full over-allotment option. The company is a blank check company that has not selected a business combination target, and the $230 million raised is held in a trust account until a business combination is completed or shareholders redeem their shares within 24 months of the IPO closing.
Key points
- Closed June 17, 2026: 23,000,000 units at $10.00 each, for gross proceeds of $230 million before underwriting discounts and offering expenses
- $230 million placed in a U.S.-based trust account with Continental Stock Transfer & Trust Company as trustee, including up to $9.2 million of deferred underwriting discount and commissions
- Private placement of 6,300,000 warrants at $1.00 each: 4,000,000 to the sponsor and 2,300,000 to Cohen & Company Capital Markets
- Trust funds are not released until a business combination, redemption of public shares if no business combination is completed within 24 months, or a shareholder vote to change those terms
The filing
Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 18, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.