Linden Advisors 13F: New $15M Stake in MKLY

Linden Advisors Establishes Stake in McKinley Acquisition Corporation

Linden Advisors revealed a brand new investment in McKinley Acquisition Corporation (NasdaqGM: MKLY), according to a Form 13F filing submitted to the Securities and Exchange Commission for the period ended May 15, 2026. The fund took a major position by purchasing 1,445,000 shares. This fresh stake comes with an estimated value of $14.67 million, built on a reported cost basis of $10.02 per share.

Inside the New MKLY Holding

Because this is a brand-new holding for Linden Advisors, there were no previous shares recorded in the prior reporting period. The fund dove straight in by acquiring the entire block of 1,445,000 shares all at once. This addition places a sizable chunk of capital into the special purpose acquisition company.

McKinley Acquisition Corporation Trading Range

The shares traded around $10.15 recently, resting comfortably inside the company's 52-week price boundary of $9.85 to $10.30. The stock has hovered near its 50-day moving average of $10.22 and sits just above its 200-day moving average of $10.11. These steady price levels give investors a clear picture of how the equity has behaved leading up to the fund's disclosure.

Understanding McKinley Acquisition Corporation

Based in Needham, Massachusetts, McKinley Acquisition Corporation is a blank-check firm formed to find and complete a merger, share exchange, asset acquisition, or similar business combination with one or more operating businesses. The company currently has no significant ongoing operations of its own as it searches for a suitable corporate partner.

What to Watch Next for MKLY

Investors tracking Linden Advisors will need to check subsequent regulatory filings to see if the fund builds on this position or adjusts its exposure. Institutional 13F reports look backward at holdings from the close of the reporting period and may not represent the investor's current position today.