Company: MKLY
Filing Date: 2025-06-30
Form Type: S-1
Source: 0001213900-25-059789
Chunk: 298

Company: McKinley Acquisition Corp
Filing Date: 2025-06-30
Form: S-1
Chunk 298
---
415 under the Securities Act. However, the registration rights agreement provides that we will not be required to effect or permit any registration or cause any registration statement to become effective until termination of the applicable lock -upperiod. We will bear the expenses incurred in connection with the filing of any such registration statements. Underwriting Agreement The underwriters have a 45 -dayoption to purchase up to 2,250,000 additional Units to cover any over -allotmentsat the Proposed Offering price less the underwriting discounts and commissions. The Units that would be issued in connection with the over -allotmentoption would be identical to the Units issued in the Proposed Offering. The Underwriter will be entitled to a cash underwriting discount of $0.10 per Unit, or $1,500,000 in the aggregate (or $1,725,000 in the aggregate if the Underwriter’s over -allotmentoption is exercised in full), payable upon the closing of the Proposed Offering, if the underwriters source more than $3,500,000 of the sponsor’s purchase price of the Private Placement Units; or (ii) $0.05 per unit, or $750,000 in the aggregate (or $862,500 if the overallotment option is exercised in full) if the underwriters source less than $2,500,000 of the sponsor’s purchase price of the Private Placement Units; or (iii) $0.05-$0.10 per unit, or $750,000-$1,500,000 in the aggregate (or $862,500-$1,725,000 if the overallotment option is exercised in full), proportionate to the amount of the sponsor’s purchase price of the Private Placement Units sourced by the underwriters if the underwriters source less than $3,500,000 and more than $2,500,000 of the sponsor’s purchase price of the Private Placement Units. In addition, the Underwriter will be entitled to a contingent, deferred fee of $0.30 per Unit, or $4,500,000 in the aggregate (or $5,175,000 in the aggregate if the Underwriter’s over -allotmentoption is exercised in full). The contingent, deferred fee will become payable to the Underwriter from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement. F-15 Table of Contents MCKINLEY ACQUISITION CORPORATION
NOT