Company: MKLY
Filing Date: 2025-06-30
Form Type: S-1
Source: 0001213900-25-059789
Chunk: 42

Company: McKinley Acquisition Corp
Filing Date: 2025-06-30
Form: S-1
Chunk 42
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 If any noncompliance is identified, then the audit committee will be charged with the responsibility to promptly      
 take all action necessary to rectify such noncompliance or otherwise to cause compliance with the terms of this offering. For more information,  
 see the section entitled “Management — Committees                                                                                                
 of the Board of Directors — Audit Committee.”                                                                                                    |

37 Table of Contents

| Conflicts    
 of Interest: |     | Each                                                                                                                                          
 of our officers and directors presently has, and any of them in the future may have additional, fiduciary, contractual or other obligations   
 or duties to one or more other entities pursuant to which such officer or director is or will be required to present a business combination   
 opportunity to such entities. Accordingly, if any of our officers or directors becomes aware of a business combination opportunity which      
 is suitable for an entity to which he or she has then current fiduciary or contractual obligations, he or she will honor his or her fiduciary 
 or contractual obligations to present such business combination opportunity to such other entity, subject to their fiduciary duties under     
 Cayman Islands law. Our amended and restated memorandum and articles of association provide that, to the fullest extent permitted by law:     
 (i) no individual serving as a director or an officer, among other persons, shall have any duty, except and to the extent expressly           
 assumed by contract, to refrain from engaging directly or indirectly in the same or similar business activities or lines of business as       
 us; and (ii) we renounce any interest or expectancy in, or in being offered an opportunity to participate in, any potential transaction       
 or matter which (a) may be a corporate opportunity for any director or officer, on the one hand, and us, on the other or (b) the              
 presentation of which would breach an existing legal obligation of a director or officer to any other entity. Our sponsor, officers and       
 directors have complete discretion, subject to applicable fiduciary duties, as to which blank check company they choose to pursue a business  
 combination and the order in which they pursue business combinations for any of their existing or future blank check companies. However,      
 we do not believe that any such potential conflicts would materially affect our ability to complete our initial business combination.         
 In addition, because we may consummate a business combination with a target in a broad array of industries, we do not believe that any        
 such potential conflicts would materially affect our ability to complete our initial business combination.                                    |
|              |     | Our