ADDED
As of September 30, 2025, the Company had not yet commenced operations.
All activity for the period from March 27, 2025 (inception) through September 30, 2025 relates to the Company s formation, the initial public offering ( Initial Public Offering ), which is described below, and following the Initial Public Offering, seeking a target business to acquire.
The Company s underwriters fully exercised their over-allotment option to purchase an additional 2,250,000 Public Units at $ 10.00 per unit in full on August 15, 2025.
The over-allotment units were delivered to the underwriters in connection with the closing on August 19, 2025, generating an additional $ 22,500,000 of proceeds which were deposited into the Trust Account (defined below).
5 MCKINLEY ACQUISITION CORPORATION NOTES TO UNAUDITED CONDENSED FINANCIAL STATEMENTS SEPTEMBER 30, 2025 Upon the closing of the Initial Public Offering and exercise of the underwriters over-allotment option, $ 150,000,000 of the proceeds from the Initial Public Offering and $ 22,500,000 of the proceeds from the exercise of the underwriters over-allotment option were deposited into the Trust Account (the Trust Account ), respectively, and is invested only in cash held in a demand deposit account, U.S.
REMOVED
1 http://fasb.org/srt/2025#ChiefFinancialOfficerMember 0002067592 Q2 --12-31 false Includes an aggregate of up to 853,448 Class B ordinary shares, $0.0001 par value subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (Note 6).
(1) Includes an aggregate of up to 853,448 Class B ordinary shares, $0.0001 par value subject to forfeiture if the over-allotment option is not exercised in full or in part by the underwriters (Note 6).
The accompanying notes are an integral part of these condensed financial statements.
The accompanying notes are an integral part of these condensed financial statements.
The accompanying notes are an integral part of these condensed financial statements.