Group 1 - The Company, McKinley Acquisition Corporation, has priced its initial public offering (IPO) at $10.00 per unit, offering a total of 15,000,000 units [1] - Each unit consists of one Class A ordinary share and one right, with each right entitling the holder to receive one-tenth (1/10) of a Class A ordinary share upon the completion of the Company's initial business combination [1] - The units are expected to begin trading on the Nasdaq Global Market under the symbol "MKLYU" starting August 12, 2025, with separate trading for Class A ordinary shares and rights under the symbols "MKLY" and "MKLYR," respectively [1] Group 2 - The Company was established to pursue various forms of business combinations, including mergers, amalgamations, and asset acquisitions, across any industry [2] - Clear Street LLC is the sole book-running manager for the offering, while Brookline Capital Markets acts as co-manager [3] - The Company has granted underwriters a 45-day option to purchase up to 2,250,000 additional units at the IPO price to cover over-allotments [3]
McKinley Acquisition Corp Announces Pricing of $150 Million Initial Public Offering
Globenewswireยท2025-08-11 23:04