Current Report · Items 5.02 · 8-K
Mckinley Acquisition Corporation
MKLYNASDAQEQUITYCurrent
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers On May 14, 2026, the holders of Class B ordinary shares in McKinley Acquisition Corporation (the “Company”) appointed Joseph Shaposhnik as an additional independent director of the Company, and Mr. Shaposhnik consented to such appointment. In addition, Mr.…
Filed May 18, 2026Accepted May 18, 2026, 4:05 PM EDTCIK 2067592Accession 0001213900-26-058426
Company context
McKinley Acquisition Corp. is a special purpose acquisition company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Current securities
Disclosure sections
Items 5.02Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers
On May 14, 2026, the holders of Class B ordinary
shares in McKinley Acquisition Corporation (the “Company”) appointed Joseph Shaposhnik as an additional independent
director of the Company, and Mr. Shaposhnik consented to such appointment.
In addition, Mr. Shaposhnik was designated by
the board of directors of the Company (the “Board”) as an additional Class I Director who shall stand elected
for a term expiring at the Company’s first annual general meeting and the Board appointed Mr. Shaposhnik to the Audit Committee
and the Compensation Committee.
Joseph Shaposhnik is the Founder and Portfolio Manager of Rainwater
Equity, an asset management firm that invests in recurring revenue businesses built by exceptional leaders. Prior to founding Rainwater
Equity, he established TCW Group’s New America business unit in 2015, where he served as Portfolio Manager for a range of investment
strategies, including the TCW New America Premier Equities Fund/Compounders ETF (GRW), Global Premier Sustainable Equities UCITS, and
Global Space Technology Equities portfolios. Before joining TCW Group in 2011, Mr. Shaposhnik was an Equity Research Associate at Fidelity
Investments, where he covered the semiconductor and entertainment software industries for the firm’s U.S. domestic equity funds.
Mr. Shaposhnik holds a B.S. in Business Administration from the Haas School of Business at the University of California, Berkeley and
an MBA from the UCLA Anderson School of Management.
There are no arrangements or understandings between
Mr. Shaposhnik and any other person pursuant to which he was appointed to serve as a director of the Board and Mr. Shaposhnik
does not have a direct or indirect material interest in any “related party” transaction required to be disclosed pursuant
to Item 404(a) of Regulation S-K. There are no family relationships between Mr. Shaposhnik and any director or executive
officer of the Company.
Mr. Shaposhnik will receive interests in McKinley
Partners, LLC, the Company’s sponsor, for his service as a director of the Company.