A group of affiliated Yorkville entities and individual Mark Angelo filed a Schedule 13D with the SEC on October 30, 2026, disclosing beneficial ownership of 2,500,000 shares of common stock in Ives Ultra AI Opportunities Inc., representing 9.4% of the class.

Key Highlights

  • Seven reporting persons: The filing was made jointly by YA II PN, Ltd., YA Global Investments II (U.S.), LP, Yorkville Advisors Global, LP, Yorkville Advisors Global II, LLC, YAII GP, LP, YAII GP II, LLC, and Mark Angelo.
  • Beneficial ownership: Each reporting person disclosed 2,500,000 shares beneficially owned, representing 9.4% of the class, with all shares held under shared voting and shared dispositive power.
  • Option structure: According to the filing, the 2,500,000 shares represent shares issuable upon exercise of an option to purchase membership interests in Ultra AI Holdings LLC, which holds 5,000,000 shares, with the subsequent distribution of 2,500,000 shares, and the option is exercisable within 60 days.
  • Share count basis: The 9.4% figure is based on 26,500,000 shares outstanding as of October 1, 2026, as reported in the issuer's Prospectus dated September 29, 2026.
  • Triggering event date: The date of the event requiring this filing is listed as October 31, 2026.
  • Source of funds: YA II PN, Ltd. listed working capital (WC) as its source of funds; all other reporting persons listed affiliated funds (AF).

Yorkville-Affiliated Group Reports Indirect Stake via Option Structure in Ives Ultra AI

According to the Schedule 13D filing, the reporting persons hold their interest not through direct share ownership but through an option to acquire membership interests in Ultra AI Holdings LLC. That LLC, as stated in the filing, itself holds 5,000,000 shares of common stock of Ives Ultra AI Opportunities Inc. Upon exercise of the option, the filing indicates, 2,500,000 of those shares would be distributed to the reporting persons. The option is described as exercisable within 60 days of the filing date. Ives Ultra AI Opportunities Inc. issues common stock with a par value of $0.001 per share, carrying CUSIP number 90386L108.

The filing names seven related parties as reporting persons. YA II PN, Ltd., organized in the Cayman Islands, is classified as a corporation in the filing. YA Global Investments II (U.S.), LP and Yorkville Advisors Global, LP are both organized in Delaware and are classified as partnerships. Yorkville Advisors Global II, LLC, YAII GP, LP, and YAII GP II, LLC are also Delaware-organized entities. Mark Angelo, a United States individual, is listed as the seventh reporting person. The filing shows that each of the seven parties reports zero sole voting power and zero sole dispositive power over the 2,500,000 shares, with all voting and dispositive authority described as shared. James T. Seery of Duane Morris LLP in New York is identified as the person authorized to receive notices and communications on behalf of the filing group.

What Was Disclosed

The Schedule 13D filed October 30, 2026 discloses that a group of seven Yorkville-affiliated entities and Mark Angelo collectively hold a 9.4% beneficial interest in Ives Ultra AI Opportunities Inc. common stock through an option over membership interests in Ultra AI Holdings LLC, exercisable within 60 days.