{"url_path":"/sec/yss/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2086587/0001628280-26-035244-index.html","accession_number":"0001628280-26-035244","cik":"0002086587","ticker":"YSS","issuer_name":"Yellowstone Midco Holdings II, LLC","edgar_url":"https://www.sec.gov/Archives/edgar/data/2086587/0001628280-26-035244-index.html","primary_entity_key":"0002086587","primary_entity_name":"York Space Systems Inc."},"word_count":177,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds\n\nOn January 28, 2026, prior to the effectiveness of the Registration Statement on Form S-1 relating to the Company’s initial public offering, Yellowstone Midco Holdings II, LLC (“Midco II”) converted into a Delaware corporation pursuant to a statutory conversion and changed its name to York Space Systems Inc. (the “Corporate Conversion”). At the time of the Corporate Conversion, all units of Midco II were converted into shares of the Company’s common stock. To the extent the issuance of such shares could constitute a sale of securities, such issuance was not registered under the Securities Act pursuant to the exemption from registration provided by Section 4(a)(2) of the Securities Act.\n\nIn addition, during the quarter ended March 31, 2026, the Company issued 2,812,141 shares of common stock in connection with its acquisition of Orbion Space Technology, Inc. The information required by this Item with respect to such issuance was previously reported on the Company’s Current Report on Form 8-K filed with the SEC on March 10, 2026."}