McKinley Acquisition, a blank check company targeting progressive industries, filed on Monday with the SEC to raise up to $150 million in an initial public offering.
The company plans to raise $150 million by offering 15 million units at $10. Each unit consists of one share of common stock and one right to receive one-tenth of a share upon the completion of an initial business combination.
McKinley Acquisition is led by Chairman Adam Dooley, the founder and CEO of private equity firm Belay International, and CEO and Director Peter Wright, the founder and President of capital markets advisory firm Intro-act. The SPAC plans to target progressive industries, or segments within broader sectors that are being reshaped by technology, evolving consumer behavior, or regulatory transformation. These include fintech, transporttech, and agtech, among others.
The Needham, MA-based company was founded in 2025 and plans to list on the Nasdaq under the symbol MKLYU. Clear Street is the sole bookrunner on the deal.
