Company: MKLY
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109976
Chunk: 0

Company: McKinley Acquisition Corp
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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MCKINLEY ACQUISITION CORPORATION
UNAUDITED CONDENSED BALANCE SHEET

SEPTEMBER 30, 2025

Assets: 

Current assets: 
  
 Cash  $1,883,395  
 Prepaid expenses – current   90,609  
 Due from related party   30,478  
 Total current assets   2,004,482  

Non-current assets: 
   
 Cash held in Trust Account   173,451,679  
 Prepaid expenses – non-current   58,253  
 Total non-current assets   173,509,932  
 Total Assets  $175,514,414  

Liabilities, Class A Ordinary Shares Subject to Redemption, and Shareholders’ Deficit: 

Current liabilities: 
   
 Accounts payable  $73,969  
 Accrued expenses   79,000  
 Administrative services fee payable – related party   10,452  
 Total current liabilities   163,421  

Non-current liabilities: 
   
 Deferred underwriting commissions   4,500,000  
 Total non-current liabilities   4,500,000  
 Total Liabilities   4,663,421  

 Commitments and Contingencies (Note 7)      
 Class A ordinary shares subject to possible redemption, $0.0001 par value; 17,250,000 shares issued and outstanding at redemption value of $10.06 per share   173,451,679  

Shareholders’ Deficit 
   
 Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding   —  
 Class A ordinary shares, $0.0001 par value; 239,000,000 shares authorized; 540,000 shares issued and outstanding (excluding 17,250,000 shares subject to possible redemption)   55  
 Class B ordinary shares, $0.0001 par value; 10,000,000 shares authorized; 6,543,103 shares issued and outstanding   654  
 Share receivable   (500,000) 
 Additional paid-in capital   —  
 Accumulated deficit   (2,101,395) 
 Total Shareholders’ Deficit   (2,600,686)