Built for companies preparing to enter the public markets.
Belay Global partners with high-quality private companies evaluating whether a public listing can support their next phase of growth.
We help founders, CEOs, and boards assess readiness, structure capital, strengthen governance, and pursue public ownership with institutional discipline.
Founder-aligned. Institutionally executed. Built for control.
Built for companies with the scale and discipline to be public.
Belay works with private companies that have outgrown the limits of private capital and are evaluating whether a public listing can provide a stronger platform for growth, liquidity, and long-term capital access.
Founder-led or closely held, where control and culture matter.
$100M–$500M in growth capital, liquidity, or balance-sheet flexibility.
Two years of audited financials or a clear path to audit-readiness.
Growing revenue, improving margins, and a credible public-company narrative.
McKinley Acquisition Corp.
McKinley Acquisition Corp. is Belay’s current sponsored vehicle, listed on Nasdaq under the ticker MKLY.
Formed to identify and merge with a high-quality private company seeking a disciplined, founder-aligned path to the public markets.
NASDAQ: MKLY · $172 million held in trust · Listed 2025
Learn More About McKinley →A more controlled path to public ownership.
Readiness assessment, transaction structuring, capital formation, governance, and listing execution—coordinated within a single mandate.
The objective is not simply to enter the public markets.
It is to be prepared for what comes after.
Perspectives on the transition to public ownership.
Why the IPO window is not the right frame.
A sponsor-led listing reduces the variables that make traditional IPO timing unpredictable.
Read the Memo →What boards actually do in year one.
The first 12 months of public-company governance set the cadence for communication, operating discipline, and board effectiveness.
Read the Commentary →Two ways to begin.
For founders, CEOs, and boards evaluating whether a public listing can support the company's next phase.
A structured diagnostic across business quality, leadership, financial profile, governance, and capital structure.