Company: MKLY
Filing Date: 2025-06-17
Form Type: DRS/A
Source: 0001213900-25-054874
Chunk: 307

Company: McKinley Acquisition Corp
Filing Date: 2025-06-17
Form: DRS/A
Chunk 307
---
 with a single reportable segment are required to provide all the disclosures required by the amendments in this ASU and existing segment disclosures in Topic 280. The ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The Company adopted ASU 2023 -07on March 27, 2025, the date of its incorporation. Note 3 — Proposed Public Offering In the Proposed Public Offering, the Company will offer for sale up to 15,000,000 Public Units (or 17,250,000 Public Units if the underwriters’ over -allotmentoption is exercised in full) at a purchase price of $10.00 per Public Unit. Each Public Unit that the Company is offering has a price of $10.00 and consists of one Class A ordinary share and right to receive one -tenth(1/10) of a Class A ordinary share upon the consummation of an initial Business Combination, as described in more detail below. Each eight rights entitle the holder thereof to receive one Class A ordinary share at the closing of an initial Business Combination. The Company will not issue fractional Class A ordinary shares. As a result, holders must hold rights in multiples of ten in order to receive shares for all of their rights upon closing of an initial Business Combination. F-12

MCKINLEY ACQUISITION CORPORATION
NOTES TO FINANCIAL STATEMENTS
APRIL 9, 2025 Note 4 — Private Placement The Sponsor has committed to purchase an aggregate of 465,000 Private Placement Units (487,500 Private Placement Units if the underwriters’ over -allotmentoption is exercised in full) at a price of $10.00 per Private Placement Unit, or $4,650,000 in the aggregate (or $4,875,000 if the over -allotmentoption is exercised in full) in a private placement that will close simultaneously with the Proposed Public Offering. Each Private Placement Unit consists of one Class A ordinary share (each, a “Private Placement Share”) and right to receive one -tenth(1/10) of a Class A ordinary share upon the consummation of an initial Business Combination. Note 5 — Segment Information ASC Topic 280, Segment Reporting, establishes standards for companies to report, in their financial statements, information about operating segments, products, services, geographic areas, and