Company: MKLY
Filing Date: 2025-06-17
Form Type: DRS/A
Source: 0001213900-25-054874
Chunk: 229

Company: McKinley Acquisition Corp
Filing Date: 2025-06-17
Form: DRS/A
Chunk 229
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 units into the component securities. Holders will need to have their brokers contact our transfer agent in order to separate the units into Class A ordinary shares and rights. In no event will the Class A ordinary shares and rights be traded separately until we have filed with the SEC a Current Report on Form 8 -Kwhich includes an audited balance sheet reflecting our receipt of the gross proceeds of this offering. We will file a Current Report on Form 8 -Kwhich includes this audited balance sheet upon the completion of this offering. If the over -allotmentoption is exercised following the initial filing of such Current Report on Form 8 -K, a second or amended Current Report on Form 8 -Kwill be filed to provide updated information to reflect the exercise of the over -allotmentoption. Ordinary Shares Prior to the date of this prospectus, there were 6,543,103 Class B ordinary shares outstanding, all of which were held of record by our initial shareholders, so that our initial shareholders will own 20% of our issued and outstanding shares after this offering (assuming our initial shareholders do not purchase any units in this offering). Up to 853,448 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriter’s over -allotmentis exercised. Upon the closing of this offering, 21,229,655 of our ordinary shares will be outstanding (assuming no exercise of the underwriter’s over -allotmentoption and the corresponding surrender for no consideration of 853,448 founder shares) comprising: •15,000,000 Class A ordinary shares underlying units issued as part of this offering; •465,000 Class A ordinary shares held by our initial shareholders; •75,000 Class A representative shares held by the representative; and •5,689,655 Class B ordinary shares held by our initial shareholders. If we increase or decrease the size of this offering, we will effect a share capitalization or share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation of the offering in such amount as to maintain the ownership of founder shares by our initial shareholders at 20.0% of our issued and outstanding ordinary shares upon the consummation of this offering. Ordinary shareholders of record are entitled to one vote for each share held on all matters to be voted on by shareholders. However, only holders of Class B ordinary shares will have the right to (i) vote to appoint