Company: MKLY
Filing Date: 2025-07-25
Form Type: CORRESP
Source: 0001213900-25-067532
Chunk: 0

Company: McKinley Acquisition Corp
Filing Date: 2025-07-25
Form: CORRESP
Chunk 0
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| Loeb               
 & Loeb LLP         
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 New York, NY 10154 | Main             
 212.407.4000     
 Fax 212.407.4990 |

Via Edgar

July 25, 2025

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

| Re: | McKinley                           
 Acquisition Corporation            
 Registration Statement on Form S-1 
 Filed                              
 June 30, 2025                      
 File                               
 No. 333-288439                     |

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 July 9, 2025 (the “ Staff’s Letter”) regarding the Company’s Registration Statement on Form S-1, filed June 30, 2025 (File No. 333-288439)(the “ Registration Statement”. Contemporaneously, we are filing a Amendment No. 1 to the Registration Statement via Edgar (the “ Amendment No. 1”).

In order to facilitate the review by the staff of the Securities and Exchange Commission (the “ Staff”) of the Amendment No. 1, we have responded, on behalf of the Company, to the comment set forth in the Staff’s Letter. The numbered paragraph set forth below responds to the Staff’s comment and corresponds to the numbered paragraph in the Staff’s Letter.

Registration Statement on Form S-1 filed June 30, 2025

Exhibits

| 1. | Please                                                                                       
 revise Exhibit 10.2 for consistency with the Nasdaq Listing Rules. More specifically, we     
 note that the form trust account termination letter attached as Exhibit A to the Investment  
 Management Trust Agreement filed as Exhibit 10.2 states that "[o]n the Consummation          
 Date (i) counsel for the Company shall deliver to you written notification that the Business 
 Combination has been consummated, or will be consummated substantially, concurrently with    
 your transfer of funds . . . ." However, Nasdaq Listing Rule IM- 5101-2(a) states that       
 "[a]t least 90% of the gross proceeds from the initial public offering . . . must be         
 deposited in a trust account maintained by an independent trustee." It is unclear how        
 the release of funds earlier than the consummation of the initial business combination would