other
confidence high
sentiment neutral
materiality 0.60
McKinley Acquisition Corp closes $150M SPAC IPO of 15M units at $10/unit
McKinley Acquisition Corp
- IPO of 15,000,000 units priced at $10.00 per unit, gross proceeds $150 million.
- Each unit consists of one Class A ordinary share and one right (1/10 share upon business combination).
- Underwriters granted 45-day option to purchase up to 2.25M additional units.
- Net proceeds of $150M placed in trust account until business combination or redemption.
- Simultaneous private placement of 465,000 units to sponsor, Clear Street, and Brookline.
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