Every 10-Q that McKinley Acquisition Corporation Units (MKLYU) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MKLYU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MKLYU filings page.
McKinley Acquisition Corporation, a blank check company, filed its quarterly report showing it is still seeking a business combination and has not begun operating activities. Total assets were $178.2M as of March 31, 2026, including $176.7M of cash in its Trust Account and $1.4M of cash outside the trust.
The company reported net income of $1.29M for the quarter, driven by $1.52M of interest income on Trust Account assets, partially offset by formation and public‑company operating costs. Most public Class A shares are classified as redeemable, and shareholders may redeem in connection with a future merger vote or if no deal is completed within the specified timeframe.
Management disclosed that, despite working capital of $1.44M, there is “substantial doubt” about the company’s ability to continue as a going concern for one year from issuance of the financial statements unless it completes a business combination. Until then, the Trust Account remains restricted for use in a merger or shareholder redemptions.
McKinley Acquisition Corporation filed its Q3 10‑Q, showing a SPAC early in its lifecycle with IPO proceeds fully placed in trust and modest income from interest.
The company reported net income of $602,427 for the three months ended September 30, 2025, driven by interest income on the Trust Account of $951,679, offset by a net loss from operations of $349,252. Cash was $1,883,395 with working capital of $1,841,061.
The August IPO sold 15,000,000 units at $10.00 each, and underwriters fully exercised the 2,250,000-unit over‑allotment, bringing total to 17,250,000 units. The Trust Account held $173,451,679 at quarter‑end. 17,250,000 Class A shares are classified as subject to redemption at $10.06 per share. Deferred underwriting commissions total $4,500,000.
Management disclosed “substantial doubt” about the company’s ability to continue as a going concern, noting it must complete a Business Combination within the 18‑month Completion Window from the IPO closing or redeem public shares.
McKinley Acquisition Corporation (MKLYU) completed an initial public offering structure raising proceeds via 15,000,000 public units at $10.00 per unit, generating $150,000,000 and a concurrent private placement of $4,650,000 (with $500,000 recorded as a subscription receivable). The sponsor received 6,543,103 Class B founder shares for $25,000, including up to 853,448 founder shares subject to forfeiture if the underwriters' over-allotment is not exercised. Funds from the IPO and private placement are held in a Trust Account and generally will not be released until an initial Business Combination, redemption events, or other specified conditions. As of June 30, 2025, management disclosed substantial doubt about the company’s ability to continue as a going concern due to insufficient liquidity to meet obligations within one year; management plans to address this by completing an initial Business Combination, but no assurance exists. The company recorded borrowings under an amended promissory note ($121,210 at June 30, 2025) and describes potential dilution, indemnity exposures, and risks tied to the sponsor’s limited assets.