Company: WLACW
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001641172-25-010349
Chunk: 1

Company: Willow Lane Acquisition Corp.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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, 2024, respectively 
     —  
     — 
  
    Class B Ordinary Shares, $0.0001 par value; 50,000,000 shares authorized; 4,628,674 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 
     463  
     463 
  
    Ordinary shares, value 
     463  
     463 

    Additional paid-in capital 
     —  
     — 
  
    Accumulated deficit 
     (3,045,612) 
     (2,914,386)
  
    Total Shareholders’ Deficit 
     (3,045,149) 
     (2,913,923)
  
    Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and
    Shareholders’ Deficit 
    $130,011,499  
    $128,753,770 

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

1

WILLOW
LANE ACQUISITION CORP.

CONDENSED
STATEMENT OF OPERATIONS

FOR
THE THREE MONTHS ENDED MARCH 31, 2025

(UNAUDITED)

    General and administrative expenses 
    $131,226 
  
    Loss from operations 
     (131,226)

    Other income: 

    Interest earned on Investments in Trust Account 
     1,363,977 
  
    Total other income 
     1,363,977 

    Net income 
    $1,232,751 

    Weighted average shares outstanding of Class A Ordinary Shares 
     12,650,000 
  
    Basic and diluted net income per share, Class A Ordinary Shares 
    $0.07 
  
    Weighted average shares outstanding of Class B Ordinary Shares 
     4,628,674 
  
    Basic and diluted net income per share, Class B Ordinary Shares 
    $0.07 

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

2

WILLOW
LANE ACQUISITION CORP.

CONDENSED
STATEMENT OF CHANGES IN SHAREHOLDERS’ DEFICIT

FOR
THE THREE MONTHS ENDED MARCH 31, 2025

(UNAUDITED)

    Shares  
    Amount