Company: MKLY
Filing Date: 2025-07-25
Form Type: S-1/A
Source: 0001213900-25-067524
Chunk: 337

Company: McKinley Acquisition Corp
Filing Date: 2025-07-25
Form: S-1/A
Chunk 337
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 certain subscription agreement with the company, paying $25,000, or approximately $0.004 per share, in exchange for the issuance of 6,543,103 founder shares to the sponsor. Such securitieswere issued in connection with our organization pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 17,250,000 units if the underwriter’s over -allotmentoption is exercised in full and therefore that such founder shares would represent 20% of the outstanding shares after this offering. Up to 853,448 of these shares will be surrendered for no consideration depending on the extent to which the underwriter’s over -allotmentis exercised. The sponsor will transfer 200,000 founder shares to Clear Street in connection with this offering, for the amount of $0.004 per share prior to the consummation of this offering.

II-1

Our sponsor is an accredited investor for purposes of Rule 501 of Regulation D. Each of the equity holders in our sponsor is an accredited investor under Rule 501 of Regulation D. The sole business of our sponsor is to act as the company’s sponsor in connection with this offering. The limited liability company agreement of our sponsor provides that its membership interests may only be transferred to our officers or directors or other persons affiliated with our sponsor, or in connection with estate planning transfers. Our sponsor, McKinley Partners LLC, has committed to purchase an aggregate of 465,000 units, in a private placement at $10.00 per unit for a total purchase price of $4,650,000. A total of 50,000 of those units will be purchased by a non -interestbearing, unsecured promissory note that we will issue to the sponsor simultaneously with the closing of this offering in the principal amount of $500,000 (the “Private Placement Units Note”), which we may draw down at any time and from time to time in our sole discretion. At the closing of our initial business combination, we will cancel the number of private placement units proportional to the amount not drawn under the Private Placement Units Note and the Private Placement Units Note will be canceled. No underwriting discounts or commissions were paid with respect to such sales. Item 16. Exhibits and Financial Statement Schedules. Exhibit Index

| Exhibit No. |     | Description                                                                                                                                    |
| 1.1*        |