{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-082562","form_type":"8-K","ticker":"MKLY","cik":"0002067592","company_name":"McKinley Acquisition Corp","filed_at":"2025-08-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.937637+00:00","generated_at":"2026-05-17T09:20:25.812806+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"McKinley Acquisition Corp. closes $150M IPO; auditor raises going concern doubt","bullets":["IPO of 15M units at $10.00 closed Aug 13, 2025; gross proceeds $150M deposited in trust.","Private placement of 465K units at $10.00 with sponsor and underwriters for $4.65M ($0.5M subscription receivable).","Auditor's report includes a going concern paragraph citing insufficient liquidity to fund operations for one year without a business combination.","Underwriters exercised over-allotment option in full on Aug 19, 2025 (after balance sheet date).","No business combination target identified; company has 18 months from IPO closing to complete a deal."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-082562","json":"https://secwatch.observer/filing/0001213900-25-082562.json","markdown":"https://secwatch.observer/filing/0001213900-25-082562.md","text":"https://secwatch.observer/filing/0001213900-25-082562.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/2067592/000121390025082562/0001213900-25-082562-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/2067592/000121390025082562/ea0253653-8k_mckinley.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:20:25.812806+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}