McKinley Acquisition Corp Announces Full Exercise of Over-Allotment Option in connection with its Initial Public Offering

NEEDHAM, Mass., Aug. 19, 2025 (GLOBE NEWSWIRE) --  McKinley Acquisition Corporation (Nasdaq: MKLYU) (the “Company”) previously announced the closing of its initial public offering of 15,000,000 units. On August 19, 2025, the Company closed on an additional 2,250,000 units that were issued pursuant to the full exercise by the underwriter of its over-allotment option. After giving effect to the full exercise of the over-allotment option, the offering was priced at $10.00 per unit, resulting in aggregate gross proceeds of $172,250,000.