Company: MKLY
Filing Date: 2025-09-23
Form Type: 10-Q
Source: 0001213900-25-090712
Chunk: 0

Company: McKinley Acquisition Corp
Filing Date: 2025-09-23
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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MCKINLEY ACQUISITION CORPORATION
CONDENSED BALANCE SHEETS

June 30,  
April 9, 

2025  
2025 

(unaudited)  

ASSETS 

 Current asset – prepaid expenses  $70,000   $70,000  
 Deferred offering costs   59,701    18,372  
 TOTAL ASSETS  $129,701   $88,372  

LIABILITIES AND SHAREHOLDER’S (DEFICIT) EQUITY 

Current liabilities: 

 Accrued offering costs  $25,000   $18,372  
 Accrued expenses   21,263    4,280  
 Accounts payable   649    7,506  
 Promissory note – related party   121,210    45,000  
 Total Liabilities   168,122    75,158  

 Commitments and Contingencies (Note 7)           

Shareholder’s (Deficit) Equity 

 Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued and outstanding   —    —  
 Class A ordinary shares, $0.0001 par value, 239,000,000 shares authorized; none issued and outstanding   —    —  
 Class B ordinary shares, $0.0001 par value, 10,000,000 shares authorized; 6,543,103 shares issued and outstanding(1)   654    654  
 Additional paid-in capital   24,346    24,346  
 Accumulated deficit   (63,421)   (11,786) 
 Total Shareholder’s (Deficit) Equity   (38,421)   13,214  
 TOTAL LIABILITIES AND SHAREHOLDER’S (DEFICIT) EQUITY  $129,701   $88,372  

(1)Includes an aggregate of up to 853,448 Class B ordinary
shares, $0.0001 par value subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters
(Note 6).

The accompanying notes are an integral part of
these condensed financial statements.

1

MCKIN