Company: WLACW
Filing Date: 2025-10-17
Form Type: 8-K
Source: 0001493152-25-018459
Chunk: 0

Company: Willow Lane Acquisition Corp.
Filing Date: 2025-10-17
Form: 8-K
Item: Item 1.01
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Item
1.01 Entry into a Material Definitive Agreement.

As
previously disclosed, Willow Lane Acquisition Corp., a Cayman Islands exempted company (the “ Company”), entered into an underwriting
agreement, dated November 7, 2024 (the “ Underwriting Agreement”), with BTIG, LLC (“ BTIG”), as representative
of the several underwriters (the “ Underwriters”), in connection with the Company’s initial public offering (the “ IPO”).

On
October 17, 2025, the Company and BTIG entered into an amendment to the Underwriting Agreement (the “ Amendment”), pursuant
to which the 3.5% of the gross proceeds of the IPO (the “ IPO Proceeds”) payable to the Underwriters under the Underwriting
Agreement upon the occurrence of the Specified Event (as defined in the Underwriting Agreement) (the “ Deferred Underwriting Commission”)
shall be comprised of the following components: (i) a gross spread of 2.25% of the IPO Proceeds, payable to the Underwriters in cash,
(ii) a gross spread of up to 0.75% of the IPO Proceeds, payable to the Underwriters in cash, such amount to be based on the funds available
in the Trust Account of the Company after redemptions of public shares, solely in the event that the Company completes an initial business
combination and (iii) a gross spread of 0.5% of the IPO Proceeds (the “ Allocable Amount”), payable to BTIG in cash, provided
that Willow Lane Sponsor, LLC or the Company shall have the right to allocate (in their sole discretion) any portion of the Allocable
Amount to pay for expenses incurred by the Company in consummating an initial business combination.

In
addition, the Amendment provides that each Underwriter may, prior to the Specified Event and at its sole discretion, forfeit all or any
part of its right or claim to the Deferred Underwriting Commission by giving written notice to the Company.

The
foregoing description of the Amendment is not complete and is qualified in its entirety by reference to the full text of the Amendment,
a copy of which is filed as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference.

A
copy of the Amendment is attached as Exhibit 1.1 hereto and is incorporated herein by reference.

Item
9.01 Financial Statements and Exhibits.