Company: WLACW
Filing Date: 2025-08-12
Form Type: 10-Q
Source: 0001493152-25-011863
Chunk: 5

Company: Willow Lane Acquisition Corp.
Filing Date: 2025-08-12
Form: 10-Q
Item: Part I, Item 1
Chunk 5
---
969)

    Net income 
     —  
     —  
     —  
     1,222,925  
     1,222,925 

    Balance – June 30, 2025 
     4,628,674  
    $463  
    $—  
    $(3,197,656) 
    $(3,197,193)
  
    Balance 
     4,628,674  
    $463  
    $—  
    $(3,197,656) 
    $(3,197,193)

The
accompanying notes are an integral part of the unaudited condensed financial statements.

3

WILLOW
LANE ACQUISITION CORP.

CONDENSED
STATEMENT OF CASH FLOWS

FOR
THE SIX MONTHS ENDED JUNE 30, 2025

(UNAUDITED)

    Cash Flows from Operating Activities: 

    Net income 
    $2,455,676 
  
    Adjustments to reconcile net income to net cash used in operating activities: 

    Interest earned on Investments in Trust Account 
     (2,738,946)
  
    Changes in operating assets and liabilities: 

    Prepaid expenses and insurance 
     29,154 
  
    Accrued expenses 
     7,309 
  
    Net cash used
    in operating activities 
     (246,807)

    Net Change in Cash 
     (246,807)
  
    Cash - Beginning of period 
     1,368,608 
  
    Cash - End of period 
    $1,121,801 

The
accompanying notes are an integral part of the unaudited condensed financial statements.

4

WILLOW
LANE ACQUISITION CORP.

NOTES
TO CONDENSED FINANCIAL STATEMENTS

JUNE
30, 2025

(Unaudited)

Note
1 — Organization and Business Operations

Willow
Lane Acquisition Corp. (the “Company”) is a blank check company incorporated as a Cayman Islands exempted corporation on
July 3, 2024. The Company was incorporated for the purpose of effecting a merger, capital share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more businesses (the “Business Combination”). The Company has
not selected any specific Business Combination target.