Company: WLACW
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010349
Chunk: 84

Company: Willow Lane Acquisition Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 2
Chunk 84
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 are met. Further, the design of disclosure controls and procedures must reflect the fact that
there are resource constraints, and the benefits must be considered relative to their costs. Because of the inherent limitations in all
disclosure controls and procedures, no evaluation of disclosure controls and procedures can provide absolute assurance that we have detected
all of our control deficiencies and instances of fraud, if any. The design of disclosure controls and procedures also is based partly
on certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed in achieving
its stated goals under all potential future conditions.

Changes
in Internal Control over Financial Reporting

Not
applicable.

18

PART
II - OTHER INFORMATION

Item
1. Legal Proceedings

To
the knowledge of our Management Team, there is no material litigation currently pending or contemplated against us or any of our officers
or directors in their capacity as such or against any of our property.

Item
1A. Risk Factors

As
a smaller reporting company under Rule 12b-2 of the Exchange Act, we are not required to include risk factors in this Report. For
additional risks relating to our operations, other than as set forth below, see the section titled “Risk Factors” contained
in our (i) IPO Registration Statement and (ii) Annual Report on Form 10-K for the year ended December 31, 2024. Any of these factors
could result in a significant or material adverse effect on our results of operations or financial condition. Additional risks could
arise that may also affect our business or ability to consummate an initial Business Combination. We may disclose changes to such risk
factors or disclose additional risk factors from time to time in our future filings with the SEC.

Changes
in international trade policies, tariffs and treaties affecting imports and exports may have a material adverse effect on our search
for an initial Business Combination target or the performance or business prospects of a post-Business Combination company.

There
have recently been significant changes to international trade policies and tariffs affecting imports and exports. Any significant increases
in tariffs on goods or materials or other changes in trade policy could negatively affect our search for a target and/or our ability
to complete our initial Business Combination.

Recently,
the U.S. has implemented a range of new tariffs and increases to existing tariffs. In response to the “tariffs announced by the
U.S., other countries have imposed, are considering imposing, and may in the future impose new or increased tariffs on certain exports