Company: WLACW
Filing Date: 2025-09-19
Form Type: 8-K
Source: 0001493152-25-014308
Chunk: 1

Company: Willow Lane Acquisition Corp.
Filing Date: 2025-09-19
Form: 8-K
Item: Item 1.01
Chunk 1
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,000 Earnout Shares and (z) $17.50 per share - 2,625,000 Earnout Shares.

Representations
and Warranties

The
Business Combination Agreement contains representations and warranties reasonably customary for similar transactions, made by the parties
as of the date of the Business Combination Agreement or other specified dates, solely for the benefit of certain of the parties to the
Business Combination Agreement, and in certain cases are subject to specified exceptions and qualifications, such as materiality, the
absence of a Material Adverse Effect (as defined below), knowledge and other exceptions and qualifications contained in the Business
Combination Agreement or in information provided pursuant to certain disclosure schedules to the Business Combination Agreement. As used
in the Business Combination Agreement, “ Material Adverse Effec

No
Survival

The representations and warranties
of the parties contained in the Business Combination Agreement will not survive the closing of the Transactions
and there are no indemnification rights for another party’s breach. The covenants and agreements of the parties contained in the
Business Combination Agreement do not survive the Closing, except those covenants and agreements to be performed after the Closing, which
covenants and agreements will survive until fully performed.

Covenants

Each
party to the Business Combination Agreement has agreed to use its reasonable best efforts to consummate the Transactions. The Business
Combination Agreement also contains certain customary covenants by each of the parties that apply during the period between the signing
of the Business Combination Agreement and the earlier of the Closing or the termination of the Business Combination Agreement (the “ Interim
Period

Each
of Willow Lane and Boost Run will not solicit or enter into a competing alternative transaction, in accordance with customary terms and
provisions set forth in the Business Combination Agreement.

Willow Lane will not change,
withdraw, withhold, qualify or modify its recommendation to its shareholders for approval of the Business Combination Agreement and the
Transactions (a “ Change in Recommendation”); provided, however, that if at any time prior to (but not after)
obtaining the approval of the Willow Lane shareholders, the Willow Lane board determines in good faith, in response to an “Intervening
Event” (including any material event or development following the date of the Business
Combination that was not reasonably foreseeable to, or the consequences or magnitude of which were reasonably foreseeable to, the board
of Willow Lane, except for changes relating to the Transactions, changes in the price or trading volume of Class A