SCHEDULE: Harraden Circle Discloses 7.35% Stake in Yorkville

Harraden Circle Investments and related entities reported a 7.35% beneficial ownership stake in Yorkville Acquisition Corp.'s Class A Common Stock.

Summary

• Harraden Circle Investments, LLC and its affiliated entities, including Harraden Circle Investors GP, LP, Harraden Circle Investors GP, LLC, Harraden Circle Investors, LP, Harraden Circle Special Opportunities, LP, Harraden Circle Strategic Investments, LP, and Harraden Circle Concentrated, LP, along with Frederick V. Fortmiller, Jr., collectively reported beneficial ownership of 1,310,038 shares of Yorkville Acquisition Corp.'s Class A Common Stock.
• This aggregate amount represents 7.35% of the Class A Common Stock outstanding.
• The reporting persons share both voting and dispositive power over all 1,310,038 shares.
• Frederick V. Fortmiller, Jr. is the managing member of Harraden Circle Investors GP, LLC and Harraden Circle Investments, LLC, which oversee the various Harraden Circle funds.

Sentiment

Score: 5

Explanation: A Schedule 13G filing is a factual disclosure of beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook. It indicates a significant, passive investment.

Risks

• The reporting persons certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Yorkville Acquisition Corp., nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Future Outlook

NA

Management Comments

• Frederick V. Fortmiller, Jr., managing member of Harraden Circle Investments, LLC, certified that, to the best of his knowledge and belief, the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Industry Context

Yorkville Acquisition Corp. is a Special Purpose Acquisition Company (SPAC), and this filing indicates a significant passive investment by an institutional group in its Class A Common Stock. Such filings are common for SPACs as institutional investors take positions.

Stakeholder Impact

• Shareholders are informed of a significant ownership stake (7.35%) held by a group of investment entities and an individual, which can influence market perception of the stock's liquidity and investor confidence.

Key Dates

Keywords

Yorkville Acquisition Corp, Harraden Circle Investments, Beneficial Ownership, Schedule 13G, Class A Common Stock, Investment Fund, Passive Investment, SEC Filing