McKinley Acquisition Corporation Rights
MKLYR
NASDAQ Global Select0.22
USD
-0.01
- -
CIK
0002067592
ISIN
KYG6005T1195
CUSIP
G6005T119
Return %
Stock
S&P500
1Y
37.50
19.01
3Y
37.50
65.49
5Y
37.50
72.21
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Peter Anthony Wright
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 75 Second Avenue, Suite 605 Needham MA United States of America 2494
- IPO Date
- Oct 2, 2025
- CIK
- 0002067592
- Website
- mckinleyspac.com
- Similar Companies
- Business
- McKinley Acquisition Corporation is a blank check company primarily engaged in effecting mergers, amalgamations, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses. The company focuses on identifying and acquiring target companies, with its operations centered within the financial sector of special purpose acquisition companies (SPACs). Founded in 2025, McKinley Acquisition Corporation is headquartered in Needham, Massachusetts. The company does not directly manufacture or sell products but offers investment vehicle services by raising capital through initial public offerings to acquire and manage operating businesses. McKinley Acquisition Corporation completed its initial public offering (IPO) in August 2025, successfully raising approximately $172.25 million by selling 17.25 million units, including the exercise of the underwriter’s over-allotment option. The units initially consisted of one Class A ordinary share and one right, which began separate trading on October 2, 2025, on The Nasdaq Global Market under the symbols "MKLY" for Class A ordinary shares and "MKLYR" for rights, while unsplit units continue to trade under "MKLYU." This strategic separation of securities enhances liquidity and investor flexibility. The company’s capital-raising efforts and trading structures mark significant operational developments within the last two years as it aims to deploy raised funds toward future acquisition opportunities. The governance team includes key executives such as Chairman Adam Dooley, CEO Peter Wright, CFO Daphne Huang, and COO Saurabh Shah, with a board comprising independent directors. McKinley Acquisition operates primarily in the United States market with ambitions to seek acquisition targets across multiple technology and business sectors, leveraging its raised capital for strategic growth. The company works with financial partners like Clear Street LLC as its book-running manager and Brookline Capital Markets as co-manager during its IPO process. McKinley Acquisition Corporation's recent moves, including the completion of its IPO and launch of separate trading of its securities, position it strategically for targeting merger and acquisition opportunities in the competitive SPAC market landscape.