Company: MKLY
Filing Date: 2025-07-25
Form Type: S-1/A
Source: 0001213900-25-067524
Chunk: 297

Company: McKinley Acquisition Corp
Filing Date: 2025-07-25
Form: S-1/A
Chunk 297
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 trustee and the underwriters have agreed that (i) they will forfeit any rights or claims to their contingent, deferred underwriting discounts and commissions, including any accrued interest thereon, then in the trust account upon liquidation, and (ii) that the contingent, deferred underwriting discounts and commissions will be distributed on a pro rata basis, including interest earned on the funds held in the trust account (net of permitted withdrawals), to the public shareholders. We estimate that our portion of the total expenses of this offering payable by us will be $750,000, excluding underwriting discounts and commissions. We have agreed to reimburse the underwriters for certain of their accountable and out -of-pocketcosts for this offering up to an aggregate reimbursement allowance of $75,000, including, but not limited to, legal fees related to the review by FINRA and the expenses of investigations and background checks of our principals. The representative has informed us that the underwriters do not intend to make sales to discretionary accounts. Clear Street and Brookline have committed to purchase an aggregate of 45,000 units, in a private placement at $10.00 per unit for a total purchase price of $450,000. We refer to these units throughout this prospectus as the “private placement units.” Of those units, Clear Street has agreed to purchase 25,000 private placement units, and Brookline has agreed to purchase 20,000 private placement units. The private placement units are identical to the units sold in this offering, subject to certain limited exceptions as described in this prospectus.

191 The private placement units purchased by Clear Street and Brookline will be deemed compensation by FINRA and are therefore subject to a lock -upfor a period of 180 days from the date of the commencement of sales in this offering pursuant to FINRA Rule 5110(e)(1). Pursuant to FINRA Rule 5110(e)(1), these securities will not be sold, transferred, assigned, pledged or hypothecated or the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days from the commencement of sales of this offering except to any underwriter and selected dealer participating in the offering and their officers, partners, registered persons or affiliates or as otherwise permitted under FINRA Rule 5110(e)(2). We, our sponsor and our directors and officers have agreed that we will not offer, sell, contract to sell, pledge or