Company: MKLY
Filing Date: 2025-05-09
Form Type: DRS
Source: 0001213900-25-041164
Chunk: 111

Company: McKinley Acquisition Corp
Filing Date: 2025-05-09
Form: DRS
Chunk 111
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 15,000,000 |
| Founder shares plus private placement shares                                                                       |     |   |   6,154,655 |
| Representative Shares                                                                                              |     |   |      75,000 |
| Shares issuable upon conversion of rights in connection with our initial business combination                      |     |   |   1,546,500 |
| Total shares                                                                                                       |     |   |  22,776,155 |
| Total funds in trust available for initial business combination(1)                                                 |     | $ | 145,500,000 |
| Public shareholders’ investment per Class A ordinary share(2)                                                      |     | $ |       10.00 |
| Sponsor’s investment per Class A ordinary shares underlying private placement units and Class B ordinary shares(3) |     | $ |        0.76 |
| Initial implied value per public share                                                                             |     | $ |       10.00 |
| Implied value per share upon consummation of initial business combination(4)                                       |     | $ |        6.39 |

____________ (1)Total funds in trust available for initial business combination reduced by $0.30 per unit on all units sold ($4,500,000 in the aggregate or $5,175,000 in the aggregate if the underwriter’s over -allotmentoption is exercised in full) payable to the underwriters for contingent deferred underwriting commissions. (2)While the public shareholders’ investment is in both the public shares and the public rights, for purposes of this table the full investment amount is ascribed to the public shares only. (3)The total investment in the equity of the company by the sponsor is $4,675,000, consisting of (i) $25,000 paid by the sponsor for the 5,689,655 founder shares (assuming no exercise of the underwriter’s over -allotmentoption) and (ii) $4,650,000 paid by the sponsor for 465,000 private placement units. (4)All founder shares would automatically convert into Class A ordinary shares upon completion of our initial business combination or earlier at the option of the holder. Based on these assumptions, each Class A ordinary share would have an implied value of $6.39 per share upon completion of our initial business combination, representing an approximately 36.1% decrease from the initial implied value of $10.00 per public share. While the implied value of $6.39 per Class A