Company: MKLY
Filing Date: 2025-06-30
Form Type: CORRESP
Source: 0001213900-25-059801
Chunk: 0

Company: McKinley Acquisition Corp
Filing Date: 2025-06-30
Form: CORRESP
Chunk 0
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| Loeb & Loeb LLP    
 345 Park Avenue    
 New York, NY 10154 | Main 212.407.4000 
 Fax 212.407.4990  |

Via Edgar

June 30, 2025

Benjamin Holt and Isabel Rivera
U.S. Securities & Exchange Commission
100 F Street, NE
Washington, D.C. 20549

Dear Mr. Holt and Ms. Rivera:

On behalf of our client, McKinley Acquisition Corporation
(the “Company”), we hereby provide a response to the comments issued in a letter dated June 24, 2025 (the “Staff’s Letter”) regarding the Company’s Amendment No. 1 to Draft Registration Statement on Form S-1 (the “Registration Statement”. Contemporaneously, we are filing a revised Registration Statement via Edgar (the “Amendment No. 2”).

In order to facilitate the review by the staff
of the Securities and Exchange Commission (the “Staff”) of the Amendment No. 2, we have responded, on behalf
of the Company, to the comments set forth in the Staff’s Letter on a point-by-point basis. The numbered paragraphs set forth below
respond to the Staff’s comments and correspond to the numbered paragraph in the Staff’s Letter.

| 1. | We acknowledge your response to prior comment 5. However, you continue                                                                 
 to state on page 13 that you would have priority over any subsequently formed SPACs, which is inconsistent with your statement on page 
 74 that your sponsor, officers and directors have complete discretion as to which blank check company they choose to pursue a business 
 combination and the order in which they pursue business combinations for any of their existing or future blank check companies. Please 
 revise                                                                                                                                 
 or advise.                                                                                                                             |

RESPONSE: The Company acknowledges
the Staff’s comment and has revised the disclosure on pages 13, 38, 114 and 146 of Amendment No. 1 to be consistent with the
disclosure elsewhere in the Registration Statement.

Financial Statements

Statement of Cash Flows, page F-6

| 2. | We note your response to prior comment 16 and the removal of the supplemental disclosure of non-cash investing and financing activities for both the issuance of Class B ordinary shares, as well as promissory note - related party. Your amended disclosure now reflects that these activities represent the issuance of financial instruments in exchange for cash and not prepaid assets. Given your disclosure elsewhere indicating that your liquidity