Company: MKLY
Filing Date: 2025-06-30
Form Type: S-1
Source: 0001213900-25-059789
Chunk: 159

Company: McKinley Acquisition Corp
Filing Date: 2025-06-30
Form: S-1
Chunk 159
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 diligence on 10 -15target companies, and 4) having advanced negotiations with 2 -3target companies.

112 Table of Contents Our due diligence process may include, but is not limited to: •In -depthmanagement presentations and interviews with key executives and team members; •Analysis of historical and projected financial statements; •Comprehensive review of corporate documentation and legal structure; •Market research and competitive positioning analysis; •Consultations with third -partyindustry experts, customers, and suppliers; •Site visits and operational reviews, where applicable; •Evaluation of environmental, social, and governance (ESG) factors; •Assessment of organizational readiness for public markets, including internal controls and reporting infrastructure. Our team brings decades of experience sourcing, analyzing, and structuring transactions in progressive growth industries. This experience provides a strong foundation to evaluate both the qualitative and quantitative aspects of potential targets, assess the alignment between business fundamentals and public market expectations, and determine a company’s intrinsic value and growth potential. We anticipate that in many cases we will already have a working knowledge of the target’s industry dynamics, customer base, and competitive positioning — enabling us to evaluate opportunities efficiently and with conviction. Upon identifying a suitable target, we will proceed to negotiate transaction terms, conduct confirmatory due diligence, and structure a business combination that aligns the interests of all stakeholders. Initial Business Combination Nasdaq rules require that we must complete one or more business combinations having an aggregate fair market value of at least 80% of the value of the assets held in the trust account (excluding the contingent, deferred underwriting commissions and taxes payable on the interest earned on the trust account). Our board of directors will make the determination as to the fair market value of our initial business combination. If our board of directors is not able to independently determine the fair market value of our initial business combination, we will obtain an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions with respect to the satisfaction of such criteria. While we consider it likely that our board of directors will be able to make an independent determination of the fair market value of our initial business combination, it may be unable to do so if it is less familiar or experienced with the business of a particular target or if there is a significant amount of uncertainty as to the value of the target’s assets or prospects. Additionally, pursuant to Nasdaq rules, any initial business combination must be approved by a majority of our independent directors. We anticipate structuring our initial business combination so that the post transaction company in which our