Yorkville Acquisition Corp. (MCGAW) Warrant
Each MCGAW warrant gives the holder the right to buy 1 share of Yorkville Acquisition Corp. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.35, below the strike, so the warrant is out of the money. Yorkville Acquisition Corp. has a market value of about $244.07M. Yorkville Acquisition Corp. is a SPAC (deal terminated). It must complete a deal by June 27, 2027 or the warrants expire worthless. There are 5.75M listed warrants; exercising all of them would add 24.4% to the 23.58M shares outstanding.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.76
From the issuer's S-1/A (2025-06-06).
Company and stock
- Company
- Yorkville Acquisition Corp.
- Underlying stock
- MCGA
- Share price
- $10.35
- Market cap
- $244.07M
- Shares outstanding
- 23.58M
- 12-month range
- $10.10 – $10.80
- 12-month change
- -3%
- Value of all listed warrants
- $1.52M (0.6% of market cap)
- Industry
- Finance Services
- Head office
- Mountainside, NJ
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.2638
- Price / model
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Dilution
- Shares outstanding
- 23.58M
- Listed warrants
- 5.75M
- Dilution if all exercised
- 24.4%
Warrant count from filing iXBRL: WarrantMember|PublicWarrantMember.
SPAC deal
- Status
- deal terminated
- Target
- Crypto.com / Trump Media (YA S3 'CRO strategy' deal)
- Deal announced
- 2025-08-25
- Deadline
- 2027-06-27
- Latest possible deadline
- 2027-06-27
- Trust per share
- $10.31
- Sponsor
- Yorkville Acquisition Sponsor LLC
- Sponsor's earlier SPACs
- 0 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about MCGAW
When does the MCGAW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of MCGAW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many MCGAW warrants are outstanding?
5.75M listed warrants, equal to 24.4% dilution if all are exercised.
Related warrants
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