Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 Corp. entered into a Business Combination Agreement to domesticate from the Cayman Islands to Delaware and merge its subsidiary into Space-Eyes, Inc., leaving Space-Eyes as a wholly owned subsidiary. After closing, McKinley will be renamed Space-Eyes, Inc., with common stock expected to trade on Nasdaq under the ticker CUAS, subject to approval.
Space-Eyes stockholders will receive newly issued Domesticated SPAC Common Stock based on an Aggregate Transaction Consideration of $275,000,000, calculated at $10.00 per share, plus up to 8,000,000 Earn-Out Shares tied to future milestones. Existing Space-Eyes bridge notes convert at $5.50 per share. A concurrent PIPE provides for up to approximately $83,660,130 in senior secured convertible notes, with potential net proceeds up to $75,000,000, including an initial tranche of $5,882,352.94 and a larger follow-on tranche with accompanying warrants exercisable at $12.00 per share. The notes bear 10% annual interest, mature in 2031 and are secured by first-priority liens on substantially all assets of Space-Eyes and, post-closing, McKinley. Closing is subject to shareholder approvals, regulatory clearances, Nasdaq listing of the merger consideration shares and other customary conditions, with an outside termination date of April 30, 2027.
McKinley Acquisition Corporation reported a board change, appointing Joseph Shaposhnik as an additional independent director on May 14, 2026. He was designated as a Class I Director, with a term expiring at the company’s first annual general meeting, and was also appointed to the Audit Committee and the Compensation Committee.
Shaposhnik is the Founder and Portfolio Manager of Rainwater Equity and previously led TCW Group’s New America business unit after earlier roles at Fidelity Investments. The company states there are no arrangements or family relationships underlying his appointment and no material related-party transactions. He will receive interests in McKinley Partners, LLC, the company’s sponsor, as compensation for his board service.
McKinley Acquisition Corporation completed an IPO of 15,000,000 Units at $10.00 per Unit, raising gross proceeds of $150,000,000. Each Unit includes one Class A ordinary share and one Right to receive one-tenth of a Class A ordinary share upon consummation of an initial business combination.
The company also issued Private Placement Units at $10.00 per Unit on a non-public basis; those Private Placement Units are identical to the IPO Units except they are subject to transfer restrictions. The Sponsor, Clear Street and Brookline received certain demand and piggyback registration rights related to the Private Placement. A balance sheet dated August 13, 2025 is referenced in the filing, and the document is signed by CEO Peter Wright.