McKinley Acquisition Stock Flat at $10 as $176.7M Deal Waits
McKinley Acquisition Corp. closed at $10.19 on May 28, near its trust value, with no merger target identified and $176.7 million in cash held as of March 31. The SPAC reported $1.29 million in quarterly net income, all from interest, and faces a Feb. 13, 2027, deadline to complete a deal or return funds.
