McKinley Acquisition Corporation (MKLY) is a newly formed blank check company, incorporated on March 27, 2025, with the purpose of effecting a business combination with one or more operating businesses. The company completed its Initial Public Offering (IPO) on August 13, 2025, raising $150,000,000 from 15,000,000 units at $10.00 per unit. Underwriters fully exercised their over-allotment option on August 15, 2025, purchasing an additional 2,250,000 units for $22,500,000, bringing total IPO proceeds to $172,500,000. Simultaneously, 465,000 private placement units were sold to the Sponsor and underwriters for $4,650,000, with $500,000 of this amount represented by a subscription note receivable from the Sponsor. A total of $172,500,000 from the IPO and over-allotment proceeds, plus certain private placement proceeds, was deposited into a Trust Account. The company intends to focus on identifying and acquiring businesses with an enterprise value between $500 million and $2 billion, annual sales of $75-350 million, and a total addressable market greater than $1 billion. Target industries include financial technology (fintech), mobility (transporttech), agricultural technology (agtech), clean technology (cleantech), space technology (spacetech), and advanced artificial intelligence. The company reported net income of $2,022,720 for the period from March 27, 2025 (inception) through December 31, 2025, primarily due to interest income on the Trust Account. As of December 31, 2025, the company had $1,663,042 in cash outside the Trust Account and $175,137,749 held in the Trust Account.