McKinley Acquisition agrees to merge with Space-Eyes in deal valuing it at USD 638 million

Reuters2026/07/31 12:02

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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.
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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mckinley Acquisition Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607310800PRIMZONEFULLFEED9801520) on July 31, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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McKinley Acquisition agrees to merge with Space-Eyes in deal valuing it at USD 638 million

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