These filings confirm initial insider ownership stakes in the SPAC pre-business-combination. The large sponsor-held block (15M shares) creates potential overhang risk if a de-SPAC transaction is announced — traders should monitor for a business combination target announcement and any lockup/transfer restrictions. No immediate trading catalyst.
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Executive Summary
Two Form 3 initial beneficial ownership filings were filed on June 15, 2026, for Yorkville International Capital Corp. (YICC), a blank-check / SPAC company. Mark Angelo reports direct ownership of 150,000 Class A ordinary shares and indirect ownership of 15,033,000 Class A ordinary shares through Yorkville International Capital Sponsor, LLC (the SPAC sponsor). Owen Arthur May reports an indirect pecuniary interest in Class B ordinary shares held by the sponsor but disclaims voting/dispositive control. These filings establish insider ownership positions ahead of the company's initial business combination process — significant because aggregate sponsor / insider share ownership signals alignment with public shareholders, but the absolute number of shares and the structure of the SPAC (blank check SIC, state of incorporation E9) suggest YICC is in its early post-IPO stage. No financial data, deal value, or market pricing is available. The filings are routine initial ownership reporting with no material change in corporate condition.
Key Facts
- Mark Angelo directly owns 150,000 Class A ordinary shares (shown as Class B on original table but described as representing Class B shares held directly in footnote 2, then converted to Class A equivalent per conversion feature).
- Mark Angelo is deemed to beneficially own 15,033,000 Class A ordinary shares indirectly through Yorkville International Capital Sponsor, LLC (the sponsor entity).
- Owen Arthur May has an indirect pecuniary interest in Class B ordinary shares held by the sponsor but does not have voting or dispositive control.
- Yorkville International Capital Corp. is classified as SIC 6770 (Blank Checks) — a SPAC structure.
- Both Forms 3 were filed on the same day, June 15, 2026, indicating recent insider status establishment or IPO effectiveness.
- No financial figures, deal values, or revenue data are reported in these filings.
Financial Impact
No financial impact disclosed; filings establish insider ownership baseline with 15.183 million Class A ordinary shares held by sponsor/insiders directly or indirectly.
Risk Factors
- Large insider / sponsor ownership creates potential dilution or selling overhang post-business-combination if lockups expire.
- SPAC structure inherently carries risk of no target found, liquidation, or unfavorable deal terms for public shareholders.
- No current revenue or business operations; valuation depends entirely on future acquisition target.
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 3 Filing (YICC) — Batch item 1 | 0001104659-26-074115 |
| Document: 0001104659-26-074115-index.html | 0001104659-26-074117 |
| Document: 0001104659-26-074115.txt | 0001104659-26-074115 |
| 3 Filing (YICC) — Batch item 4 | 0001104659-26-074117 |
| Document: 0001104659-26-074117-index.html | 0001104659-26-074115 |
| Document: 0001104659-26-074117.txt | 0001104659-26-074115 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 9, 2026 15w ago | 8-K | — | awaiting T+20 | — | — |
Jun 24, 2026 17w ago | 8-K | — | awaiting T+20 | — | — |
Jun 18, 2026 18w ago | 8-K | — | awaiting T+20 | — | — |
Jun 16, 2026 19w ago | 424B4 | — | awaiting T+20 | — | — |
Jun 16, 2026 19w ago | EFFECT | — | awaiting T+20 | — | — |
Jun 15, 2026 19w ago | 3 | — | awaiting T+20 | — | — |
Jun 15, 2026 19w ago | 3 | — | awaiting T+20 | — | — |
Jun 15, 2026 19w ago | 3 | — | awaiting T+20 | — | — |
US Market Status
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