McKinley Acquisition Corporation announced the pricing of its initial public offering of 15,000,000 units at $10.00 per unit.
Each unit consists of one Class A ordinary share and one right.
The units are expected to trade on the Nasdaq Global Market under the symbol MKLYU beginning on August 12, 2025.
Offering Size
$150 million initial public offering with 15,000,000 units priced at $10.00 per unit.
Unit Composition
Each unit includes one Class A ordinary share and one right, where each right entitles the holder to receive one-tenth of one Class A ordinary share.
Trading Information
After the units begin separate trading, the Class A ordinary shares and rights will be traded on Nasdaq under the symbols MKLY and MKLYR, respectively.
- McKinley Acquisition Corp has successfully priced its IPO, indicating investor interest in the company's potential business combination plans.
- The Company's choice of underwriters, Clear Street LLC as the sole book-running manager and Brookline Capital Markets as co-manager, may impact future market perception.
The pricing of the IPO marks an important milestone for McKinley Acquisition Corp as it moves towards its goal of effecting a merger, amalgamation, or similar business combination.