McKinley Acquisition Corporation (NASDAQ: MKLYU) announced the pricing of its $150 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “MKLYU”, Tuesday, August 12, 2025.
The new SPAC plans to mount a generalist search for a target company with strong fundamentals in a wide range of technology areas.
McKinley’s management team is led by Chairman Adam Dooley, Chief Executive Officer Peter Wright, Chief Financial Officer Daphne Huang, and Chief Operating Officer Saurabh Shah. Jonathan Rosenzweig, Tommaso Breschi and Kevin Beard will serve on its Board.
Total SPAC deal count for 2025 year-to-date is now 80. This offering is expected to close on Wednesday, August 13, 2025.
Clear Street LLC is acting as the sole book-running manager for the offering. Brookline Capital Markets, a division of Arcadia Securities, LLC, is acting as co-manager. Loeb & Loeb LLP is serving as Issuer’s Counsel with Ellenoff, Grossman & Schole LLP serving as Underwriter’s Counsel. CBIZ CPAs, PC serves as auditor. Odyssey Transfer and Trust Company is acting as trustee.
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