Company: WLACW
Filing Date: 2025-09-19
Form Type: 8-K
Source: 0001493152-25-014308
Chunk: 2

Company: Willow Lane Acquisition Corp.
Filing Date: 2025-09-19
Form: 8-K
Item: Item 1.01
Chunk 2
---
 ordinary shares, par
value $0.0001 per share, of Willow Lane (“Willow Lane Class A Ordinary Shares”), certain changes specified
in the definition of Material Adverse Effect and certain other changes) after consultation with its outside legal counsel, that
the failure to make a Change in Recommendation would be a breach of its fiduciary duties under applicable law, then the board may make
a Change in Recommendation, provided that Willow Lane delivers, pursuant to procedures set forth in the Business Combination Agreement,
written notice advising Boost Run that the Willow Lane board proposes to take such action and containing the material facts underlying
the board’s determination. If requested by Boost Run, Willow Lane will use its reasonable best efforts to engage in good faith
negotiations with Boost Run to make adjustments in the terms and conditions of the Business Combination Agreement that obviate the need
for a Change in Recommendation.

Boost
Run will deliver to Willow Lane financial statements audited by a PCAOB-qualified auditor in accordance with PCAOB auditing standards
for its fiscal years ended December 31, 2023 and December 31, 2024, accompanied by an unqualified opinion of the auditor thereon, as
soon as practicable after the date of the Business Combination Agreement but no later than 45 days from the date of the Business Combination
Agreement. In addition, Boost Run will deliver to Willow Lane unaudited monthly and quarterly financial information through the Closing
Date.

Willow
Lane, Boost Run and Pubco will, as promptly as practicable after the date of the Business Combination Agreement, prepare and file with
the U. S. Securities and Exchange Commission (the “ SEC Registration Statement Securities Act Redemption

Boost
Run will call a meeting of its members in order to obtain the requisite vote of its members to approve the Business Combination Agreement
and each of the ancillary documents to which Boost Run is or is required to be a party or bound and the consummation of the transactions
contemplated thereby (the “ Boost Run Member Approval

The
parties shall take all action necessary so that, effective at the Closing, the post-Closing board of directors of Pubco will consist
of seven (7) individuals, two (2) of whose members will be designated by Willow Lane and five (5) of whose members will be designated
by Boost Run, at least four (4) of whom shall be independent directors in accordance with the requirements of The Nasdaq Stock Market
LLC (“ Nasdaq