Company: MKLY
Filing Date: 2025-06-30
Form Type: S-1
Source: 0001213900-25-059789
Chunk: 38

Company: McKinley Acquisition Corp
Filing Date: 2025-06-30
Form: S-1
Chunk 38
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-linked securities issued                                               
 or deemed issued, in connection with the closing of the initial business combination (excluding any shares or equity-linked                     
 securities issued, or to be issued, to any seller in the initial business combination and any private placement-equivalent                      
 units issued to our sponsor or any of its affiliates or to our officers or directors upon conversion of working capital loans) minus (iii) any  
 redemptions of Class A ordinary shares by public shareholders in connection with charter amendments prior to an initial business combination    
 or an initial business combination; provided that such conversion of founder shares will never occur on a less than one-for-one                 
 basis.                                                                                                                                          |
| Appointment                                                                                       
 and removal of directors and continuing the company outside of the Cayman Islands; Voting Rights: |     | Except                                                                                                                                          
 as set forth below, holders of record of our Class A ordinary shares and Class B ordinary shares are entitled to one vote for                   
 each share held on all matters to be voted on by shareholders. Unless specified in our amended and restated memorandum and articles of          
 association or as required by the Companies Act or stock exchange rules, an ordinary resolution under Cayman Islands law and our amended        
 and restated memorandum and articles of association, which requires the affirmative vote of at least a majority of the votes cast by such       
 shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of           
 the company is generally required to approve any matter voted on by our shareholders, voting together as a single class. Approval of certain    
 actions require a special resolution under Cayman Islands law, which (except as specified below) requires the affirmative vote of at least      
 two-thirds of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies                                 
 are allowed, by proxy at the applicable general meeting, voting together as a single class, and pursuant to our amended and restated memorandum 
 and articles of association, such actions include amending our amended and restated memorandum and articles of association and approving        
 a statutory merger or consolidation with another company. There is no cumulative voting with respect to the appointment of directors,           
 meaning, following our initial business combination, the holders of more than 50% of our ordinary shares voted for the appointment              
 of directors can elect all of the directors. Prior to the consummation of our initial business combination, only holders of our Class B         
 ordinary shares will (i) have the right to vote on the appointment and removal of