Here are 1-3 brief analogies for Yorkville International Capital (YICC):

1. It's like a blank-check Berkshire Hathaway, but its goal is to make just one big acquisition to become an operating company.

2. It's similar to a publicly-traded Private Equity firm (e.g., KKR), but its specific goal is to acquire a single private company to bring it public.

• Business Combination Facilitation: The company specializes in identifying and completing mergers, share exchanges, asset acquisitions, share purchases, or reorganizations with one or more businesses.

Yorkville International Capital Corp. (YICC) is a blank check company, also known as a Special Purpose Acquisition Company (SPAC). According to the company description, its focus is on "effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving one or more businesses."

Given this business model, YICC does not have traditional "major customers" in the sense of selling products or services to other companies or individuals. Its primary activity is to identify and acquire a private operating business, effectively taking that business public. The private company it eventually merges with or acquires is a target of a business combination, rather than a customer purchasing goods or services.

Therefore, Yorkville International Capital Corp. does not have major customers.

Kevin McGurn, Chief Executive Officer

Mr. McGurn has served as Chief Executive Officer of Yorkville International Capital Corp. since March 31, 2026, and as a director of the company since its inception. He also holds the position of Interim Chief Executive Officer of Trump Media & Technology Group Corp., a role he assumed on April 21, 2026, after serving as a strategic advisor to that company since December 2024. Mr. McGurn possesses extensive executive leadership and board experience within the media and technology sectors. His experience includes serving as a director for D. Boral Acquisition I Corp. since February 2026, and as Chief Executive Officer and a director for Blue Water Acquisition Corp. III since November 2025, New America Acquisition I Corp. since July 2025, and Sono Group N.V. since September 2025. He previously served as Chief Executive Officer of Texas Ventures Acquisition III Corp. and Yorkville Acquisition Corp., indicating a pattern of leadership in special purpose acquisition companies (SPACs).

Troy Rillo, Chief Financial Officer

Mr. Rillo serves as the Chief Financial Officer of Yorkville International Capital Corp.

Mark Angelo, Chairman of the Board

Mr. Angelo is the Chairman of the Board of Directors for Yorkville International Capital Corp.

The key risks for Yorkville International Capital Corp. (YICC), a special purpose acquisition company (SPAC) incorporated in 2026, are primarily related to its core business objective of effecting a business combination.

1. Failure to Complete a Business Combination: The most significant risk for YICC is its potential inability to identify and successfully complete a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination within the stipulated timeframe. Yorkville International Capital Corp. was incorporated specifically for this purpose and has not yet selected a specific business combination target. If the company fails to complete a business combination, it would likely liquidate and return funds to its public shareholders, often resulting in a loss for investors due to transaction costs and opportunity costs.
2. Challenges in Identifying a Suitable Acquisition Target and Negotiating Favorable Terms: Even if a business combination is pursued, YICC faces the significant challenge of identifying an appropriate target company and successfully negotiating terms that create value for its shareholders. The company has stated its intent to focus its search on businesses operating in emerging markets, with a particular emphasis on Latin America and Venezuela, which may introduce additional complexities and risks to the identification and negotiation process.
3. Shareholder Dilution upon Completion of a Business Combination: Should YICC successfully complete a business combination, existing shareholders may experience significant dilution. As a SPAC, YICC's initial public offering included units consisting of Class A ordinary shares and warrants. The exercise of these warrants, along with potential additional equity issuances for the acquired business's owners or private investment in public equity (PIPE) investors, could substantially dilute the ownership and economic interests of current shareholders.

Yorkville International Capital Corp. (YICC) is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations. The addressable markets for their services relate to the overall mergers and acquisitions (M&A) market and the specific market for SPAC transactions.

The global M&A market experienced significant activity in the first half of 2026, with reported deal values ranging from $2.8 trillion to $3.2 trillion. Some projections anticipate that "pure M&A" volume globally, excluding spinoffs, private company funding rounds, and SPACs, could reach $3.8 trillion for the full year 2026. This represents a substantial increase in activity, with global M&A volumes rising 48% year-over-year in the first half of 2026.

In the United States, the M&A market also showed robust growth. The value of U.S. M&A transactions exceeding $100 million totaled $1.43 trillion through May 31, 2026, marking a 62.3% increase compared to the previous year. Separately, U.S. M&A deal value reached $1.2 trillion in the first five months of 2026. During the first quarter of 2026, announced M&A volumes in the United States and Canada collectively amounted to $577 billion, representing a 30% increase over Q1 2025. From April to June 2026, M&A activity in the U.S. for transactions of $100 million or more saw an 88% rise in value.

For the SPAC market specifically, which is highly relevant to Yorkville International Capital Corp.'s business model, the global market was valued at $156.8 billion in 2025 and is projected to grow to $287.4 billion by 2033. North America holds a dominant position in the global SPAC marketplace, accounting for approximately $74.2 billion in market value in 2025, which is 47.3% of the global revenue. SPAC IPO activity rebounded in 2025, with total capital raised globally reaching $28 billion by the end of the year. The year 2026 is expected to see a continued resurgence, with predictions that the number of SPAC IPOs could exceed 200. In the first quarter of 2026, there were 62 SPAC IPOs priced, followed by 34 in the second quarter. The average size of a SPAC IPO in Q1 2026 was $190 million, decreasing to $148 million in Q2 2026.

Over the next 2-3 years, the future revenue growth for Yorkville International Capital Corp. (YICC) is expected to be driven by the following key factors:

1. Successful Completion of an Initial Business Combination: As a blank check company, Yorkville International Capital's primary objective is to effect a merger, share exchange, asset acquisition, or similar business combination with one or more businesses. The successful identification and consummation of such a combination will be the fundamental driver for YICC to transition into an operating entity with a revenue-generating business.
2. Strategic Focus on Emerging Markets, Particularly Latin America and Venezuela: YICC intends to concentrate its search on established businesses operating in emerging markets, with a specific emphasis on Latin America and Venezuela. This strategic geographic and sector focus is expected to drive future revenue by acquiring companies that can capitalize on the growth opportunities within these dynamic economies.
3. Leveraging Management Team Expertise for Value-Accretive Acquisitions: The experience and capabilities of Yorkville International Capital's management team in identifying and executing an initial business combination are crucial. Their ability to source and integrate a high-potential, established business will be key to establishing and expanding the revenue base of the combined entity.