McKinley Acquisition agrees to merge with Space-Eyes in deal valuing it at USD 638 million - MKLY News | RalliesMcKinley Acquisition agrees to merge with Space-Eyes in deal valuing it at USD 638 million
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MKLY• Financing and strategic investor details
- PIPE financing sourced up to USD 75 million to supplement USD 176.7 million held in trust.
- Eric Trump joined as an investor and strategic adviser.
Space-Eyes to go public through McKinley Acquisition merger
- Space-Eyes agreed to combine with McKinley Acquisition Corp., taking the AI-driven counter-drone and geospatial intelligence provider public.
- Closing targeted for Q4 2026; the combined company plans to list on Nasdaq under the ticker CUAS.
- Deal implies a pro forma equity valuation of USD 638 million, assuming no trust redemptions and the initial USD 5 million PIPE tranche.
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