Yorkville International Raises $230M in 23M-Unit IPO at $10 Each
Yorkville International Capital Corp. closed its initial public offering on June 16, selling 23 million units (including 3 million overallotment) at $10 each to raise $230 million gross. Each unit includes one Class A share and one-third of a warrant exercisable at $11.50, with shares and warrants set to trade separately.
1. IPO Closing Details
Yorkville International Capital Corp. closed its IPO on June 16, issuing 23 million units, including the full 3 million-unit overallotment, at $10 per unit and generating $230 million in gross proceeds before fees and expenses.
2. Unit Structure and Trading
Each unit comprises one Class A ordinary share and one-third of a redeemable warrant; whole warrants can be exercised at $11.50 per share, fractional warrants will not trade, and separate listings are expected under tickers YICC and YICCW.
3. Company Focus and Strategy
As a blank check company incorporated in the Cayman Islands, Yorkville has yet to identify a specific target but intends to pursue a business combination with established firms in emerging markets, particularly in Latin America and Venezuela.
4. Offering Management and Regulatory Status
Cohen & Company Capital Markets acted as sole book-running manager, and the registration statement on Form S-1 was declared effective on June 15, 2026, enabling the offering under a filed prospectus.
