McKinley Acquisition Corp Announces Closing of $150 Million Initial Public Offering

Group 1 - McKinley Acquisition Corporation closed its initial public offering (IPO) of 15,000,000 units, priced at $10.00 per unit, resulting in gross proceeds of $150,000,000 [1][3] - The units are listed on The Nasdaq Global Market under the symbol "MKLYU", with each unit consisting of one Class A ordinary share and one right [2] - The proceeds from the IPO and a simultaneous private placement were placed in trust, with an audited balance sheet to be included in a Current Report on Form 8-K [3] Group 2 - Clear Street LLC acted as the sole book-running manager for the offering, while Brookline Capital Markets served as co-manager [4] - The underwriters have been granted a 45-day option to purchase up to 2,250,000 additional units at the initial public offering price to cover over-allotments [4] - A registration statement for these securities has been declared effective by the U.S. Securities and Exchange Commission (SEC) [5]