Welcome to our dedicated page for McKinley Acquisition Corporation news (Ticker: MKLY), a resource for investors and traders seeking the latest updates and insights on McKinley Acquisition Corporation stock.
McKinley Acquisition Corporation (Nasdaq symbols related to its securities include MKLYU, MKLY, and MKLYR) is a blank check company formed to complete a business combination with one or more businesses. Its news flow is closely tied to its capital markets activity, including the pricing, closing, and subsequent adjustments to its initial public offering of units on the Nasdaq Global Market.
News about McKinley Acquisition Corporation includes announcements of the pricing of its initial public offering, the closing of that offering, and the exercise of the underwriters’ over-allotment option. These updates describe the number of units sold, the price per unit, and the placement of offering proceeds into a trust account at a fixed amount per unit. Such information helps investors understand the scale and structure of the company’s capital base as it seeks a future business combination.
Additional news items highlight the composition of the units, each consisting of one Class A ordinary share and one right, and explain that each right entitles the holder to receive one-tenth of one Class A ordinary share upon consummation of the company’s initial business combination. Press releases also identify the underwriters involved and note that a registration statement relating to the securities has been declared effective by the SEC.
Investors and observers can use this news page to review the company’s historical offering milestones, the terms of its securities, and other public announcements related to its blank check structure and search for a business combination target.
McKinley Acquisition Corporation (Nasdaq: MKLY) announced that starting October 2, 2025, holders of units from its initial public offering can separately trade the company's Class A ordinary shares and rights. The separated securities will trade on The Nasdaq Global Market under the symbols "MKLY" (Class A shares) and "MKLYR" (rights).
Units that remain unseparated will continue trading under "MKLYU". Unit holders must contact Odyssey Transfer and Trust Company to separate their units. The company's registration statement (File No. 333-288439) was declared effective by the SEC on August 11, 2025.
McKinley Acquisition Corporation (Nasdaq: MKLY) announced the successful completion of its initial public offering (IPO) with the full exercise of the over-allotment option. The company issued an additional 2,250,000 units on top of the initial 15,000,000 units, with each unit priced at $10.00.
The total gross proceeds reached $172,250,000, with $172,500,000 placed in trust. Each unit comprises one Class A ordinary share and one right, with the right convertible to one-tenth of a Class A ordinary share upon business combination completion. Clear Street LLC served as the sole book-running manager, with Brookline Capital Markets as co-manager.
McKinley Acquisition Corporation (Nasdaq: MKLY) has successfully completed its initial public offering (IPO) of 15,000,000 units at $10.00 per unit, raising gross proceeds of $150 million.
Each unit comprises one Class A ordinary share and one right, with the right entitling holders to receive one-tenth of a Class A ordinary share upon completing an initial business combination. The units trade on Nasdaq under "MKLYU", while the separated components will trade as "MKLY" and "MKLYR".
The entire IPO proceeds of $150 million have been placed in trust. Clear Street LLC served as the sole book-runner, with Brookline Capital Markets as co-manager. Underwriters have a 45-day option to purchase up to 2,250,000 additional units to cover over-allotments.
McKinley Acquisition Corporation (NASDAQ:MKLY) has announced the pricing of its initial public offering (IPO) of 15,000,000 units at $10.00 per unit, totaling $150 million. Each unit comprises one Class A ordinary share and one right, with each right convertible to one-tenth of a Class A ordinary share upon completing an initial business combination.
The units will trade on the Nasdaq Global Market under "MKLYU" starting August 12, 2025. The Class A ordinary shares and rights will later trade separately under "MKLY" and "MKLYR" respectively. Clear Street LLC serves as the sole book-runner, with Brookline Capital Markets as co-manager. Underwriters have a 45-day option to purchase up to 2,250,000 additional units to cover over-allotments.
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