Willow Lane Acquisition Corp-2025年季度报告

FORM10-Q Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months(or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of May 15, 2025, there were12,650,000Class A ordinary shares, $0.0001par value and4,628,674Class B ordinary shares,$0.0001par value, issued and outstanding. WILLOW LANE ACQUISITION CORP. WILLOW LANE ACQUISITION CORP.CONDENSED STATEMENT OF OPERATIONS WILLOW LANE ACQUISITION CORP.CONDENSED STATEMENT OF CASH FLOWS WILLOW LANE ACQUISITION CORP.NOTES TO CONDENSED FINANCIAL STATEMENTS Note 1 —Organization and Business Operations Willow Lane Acquisition Corp. (the “Company”) is a blank check company incorporated as a Cayman Islands exempted corporationon July 3, 2024. The Company was incorporated for the purpose of effecting a merger, capital share exchange, asset acquisition, sharepurchase, reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company As of March 31, 2025, the Company had not commenced any operations. All activity for the period from July 3, 2024 (inception)through March 31, 2025 relates to the Company’s formation and the Initial Public Offering (as defined below), and subsequent to theInitial Public Offering, identifying a target company for a Business Combination. The Company will not generate any operating The Company’s sponsor is Willow Lane Sponsor, LLC, a Delaware limited liability Company (the “Sponsor”). The Registration Statement on Form S-1 for the Initial Public Offering, initially filed with the U.S. Securities and ExchangeCommission (the “SEC”) on October 3, 2024, as amended (File No. 333-282495), was declared effective on November 7, 2024 (the“IPO Registration Statement”). On November 12, 2024, the Company consummated the initial public offering of12,650,000units ofthe Company at $10.00per unit (the “Units”), which included the full exercise by the underwriters of their over-allotment option (the“Over-Allotment Option”) in the amount of1,650,000Units (the “Option Units”), at $10.00per Unit, generating gross proceeds of Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of an aggregate of5,145,722warrants (the “Private Placement Warrants,” and together with the Public Warrants, the “Warrants”) at a price of $1.00per PrivatePlacement Warrant, in a private placement to (i) the Sponsor, (ii) BTIG, LLC, representative of the several underwriters in the InitialPublic Offering (“BTIG”) and (iii) Craig-Hallum Capital Group LLC, the co-manager of the Initial Public Offering (“Craig-Hallum”), The Company’s management (“Management”) has broad discretion with respect to the specific application of the net proceeds of theInitial Public Offering and the Private Placement, although substantially all of the net proceeds are intended to be generally applied The Business Combination must be with one or more target businesses that together have a fair market value equal to at least80% ofthe net balance in the Trust Account (as defined below) (excluding the amount of deferred underwriting discounts held and incometaxes payable on the income earned on the Trust Account) at the time of the signing an agreement to enter into a BusinessCombination. However, the Company will only complete a Business Combination if the post-Business Combination company owns or Following the closing of the Initial Public Offering on November 12, 2024, the amount of $126,879,500($10.03per Unit) from boththe net proceeds of the Initial Public Offering, and a portion of the net proceeds from the Private Placement was placed in the trustaccount (“Trust Account”), located in the United States, with Continental Stock Transfer & Trust Company (“Continental”) acting astrustee. The funds are held in cash, including in demand deposit accounts at a bank, or invested in U.S. government treasuryobligations with a maturity of 185 days or less or in money m