Company: MKLY
Filing Date: 2025-06-30
Form Type: S-1
Source: 0001213900-25-059789
Chunk: 34

Company: McKinley Acquisition Corp
Filing Date: 2025-06-30
Form: S-1
Chunk 34
---
 issue securities in connection with our initial  
 business combination. However, we are permitted to transfer founder shares to any current or future independent director of the company 
 (as long as such current or future independent director transferee is subject to the letter agreement, filed herewith, or executes an   
 agreement substantially identical to the letter agreement, as applicable to directors and officers at the time of such transfer; and as 
 long as, to the extent any Section 16 reporting obligation is triggered as a result of such transfer, any related Section 16            
 filing includes a practical explanation as to the nature of the transfer).                                                              |

In addition, in order to facilitate our initial business combination or for any other reason determined by our sponsor in its sole discretion, our sponsor may surrender or forfeit, transfer or exchange our founder shares, private placement units or any of our other securities, including for no consideration, as well as subject any such securities to earn -outsor other restrictions, or otherwise amend the terms of any such securities or enter into any other arrangements with respect to any such securities. Corporate Information Our executive offices are located at 75 Second Ave., Suite 605, Needham, MA 02494 and our telephone number is 617 -671-5148. We are a Cayman Islands exempted company. Exempted companies are Cayman Islands companies conducting business mainly outside the Cayman Islands and, as such, are exempted from complying with certain provisions of the Companies Law. As an exempted company, we have applied for and received a tax exemption undertaking from the Cayman Islands government that, in accordance with Section 6 of the Tax Concessions Act (As Revised) of the Cayman Islands, for a period of 20 years from the date of the undertaking, no law which is enacted in the Cayman Islands imposing any tax to be levied on profits, income, gains or appreciations will apply to us or our operations and, in addition, that no tax to be levied on profits, income, gains or appreciations or which is in the nature of

17 Table of Contents estate duty or inheritance tax will be payable (i) on or in respect of our shares, debentures or other obligations or (ii) by way of the withholding in whole or in part of a payment of dividends or other distribution of income or capital by us to our shareholders or a payment of principal or interest or other sums due under a debenture or other obligation of us. We are an “emerging growth company,”