Company: MKLY
Filing Date: 2025-06-30
Form Type: S-1
Source: 0001213900-25-059789
Chunk: 21

Company: McKinley Acquisition Corp
Filing Date: 2025-06-30
Form: S-1
Chunk 21
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 complete list of our executive officers and entities for which a conflict of interest may or does exist between such officers and the company, please refer to “ Management — Conflicts of Interest.” Prior SPAC Experience Adam Dooley — SPAC Leadership and Sponsor Execution Mr.Dooley is the Founder, Chairman, and Chief Executive Officer of Belay International Corporation, a private equity and investment platform that partners with experienced operators and institutional capital to identify and scale high -potentialbusinesses. He is also the Founder and Managing Principal of Belay Associates, a SPAC sponsor platform focused on executing business combinations with companies well -positionedfor long -termgrowth and public market success. Mr.Dooley is also the Chief Executive Officer and Chairman of Everest Consolidator Acquisition Corporation, a special purpose acquisition company (“Everest”). Everest completed its IPO in November 2021. On May19, 2023, Everest entered into a business combination agreement with Unifund Financial Technologies, Inc. (“Unifund”), which agreement was terminated by Everest on October1, 2024. On November22, 2024, at a special meeting of shareholders, the Everest shareholders approved a proposal to amend Everest’s charter to extend the period by which Everest must complete a business combination from November23, 2024 to May23, 2025. In connection with that meeting, Everest shareholders holding 2,817,827 public shares, representing approximately 99.02% of the Company’s outstanding public shares, exercised their right to redeem their shares for a pro rata portion of the funds in Everest’s trust account. On November18, 2024, DLA, LLC (“DLA”) filed a lawsuit against Equiniti Trust Company, LLC (the “Everest Trustee”) for unpaid fees in connection with the services DLA provided in the proposed business combination between Everest and Unifund. In connection with this litigation (Supreme Court of New York, County of New York, Index No. 8 Table of Contents 655723/2024), the court, on November1, 2024, entered a temporary injunction order which restrained the Everest Trustee from distributing from the Everest trust account amounts that would leave the balance of such account below the approximately $3million that DLA alleges it is owed. Everest was not named as a defendant in this lawsuit. On November20, 2024, DLA filed a lawsuit against Everest and its sponsor in Superior Court of New Jersey (Law Division: Essex County, Docket No. ESX -