AQR Arbitrage LLC Takes $4.50 Million Position in Yorkville Acquisition Corp. $YORKU

AQR Arbitrage LLC acquired a new position in Yorkville Acquisition Corp. (NASDAQ:YORKU) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 400,000 shares of the company’s stock, valued at approximately $4,500,000.

Other hedge funds also recently added to or reduced their stakes in the company. Harraden Circle Investments LLC purchased a new stake in Yorkville Acquisition during the second quarter worth $14,738,000. Meteora Capital LLC purchased a new position in Yorkville Acquisition in the 2nd quarter worth $12,090,000. Clear Street LLC acquired a new position in Yorkville Acquisition in the 2nd quarter worth approximately $5,400,000. Magnetar Financial LLC purchased a new position in shares of Yorkville Acquisition during the 2nd quarter valued at about $2,250,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new position in shares of Yorkville Acquisition in the 2nd quarter valued at about $2,250,000.

Yorkville Acquisition Stock Up 0.1%

NASDAQ:YORKU opened at $10.31 on Friday. The company’s 50 day moving average price is $10.63. Yorkville Acquisition Corp. has a 1-year low of $10.45 and a 1-year high of $12.50.

Yorkville Acquisition Profile

We are a blank check company incorporated as a Cayman Islands exempted company with limited liability and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination involving one or more businesses, which we refer to throughout this prospectus as our initial business combination.