Company: MKLY
Filing Date: 2025-07-25
Form Type: S-1/A
Source: 0001213900-25-067524
Chunk: 311

Company: McKinley Acquisition Corp
Filing Date: 2025-07-25
Form: S-1/A
Chunk 311
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holder’s Equity for the period from March 27, 2025 (inception) through April 9, 2025 |     | F-5  |
| Statement of Cash Flows for the period from March 27, 2025 (inception) through April 9, 2025                      |     | F-6  |
| Notes to Financial Statements                                                                                     |     | F-7  |

F-1 Report of Independent Registered Public Accounting Firm To the Shareholder and Board of Directors of
McKinley Acquisition Corporation Opinion on the Financial Statements We have audited the accompanying balance sheet of McKinley Acquisition Corporation (the “Company”) as of April9, 2025, the related statements of operations, changes in shareholder’s equity and cash flows for the period from March27, 2025 (inception) through April9, 2025, and the related notes (collectively referred to as the “financial statements”). In our opinion, based on our audit, the financial statements present fairly, in all material respects, the financial position of the Company as of April9, 2025, and the results of its operations and its cash flows for the period from March27, 2025 (inception) through April9, 2025, in conformity with accounting principles generally accepted in the United States of America. Explanatory Paragraph — Going Concern The accompanying financial statements have been prepared assuming that the Company will continue as a going concern. As more fully described in Note 1 to the financial statements, the Company is a Special Purpose Acquisition Corporation that was formed for the purpose of effecting merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses within 18months from the closing of the Proposed Public Offering or by such earlier liquidation date as the Company’s board of directors may approve. The Company lacks the capital resources that are needed to fund its operations for a reasonable period of time, which is generally considered to be one year from the issuance of the financial statements. These conditions raise substantial doubt about the Company’s ability to continue as a going concern. Management’s plans with regard to these matters are also described in Note 1. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. Basis for Opinion These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public accounting firm registered