Company: WLACW
Filing Date: 2025-09-19
Form Type: 425
Source: 0001493152-25-014312
Chunk: 10

Company: Willow Lane Acquisition Corp.
Filing Date: 2025-09-19
Form: 425
Chunk 10
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 Common Stock quoted on Nasdaq (or such other exchange on which the shares of Pubco Common Stock may then be listed) is greater than or equal to $12.00
for any 20 trading days within any 30 consecutive trading day period beginning on the day of Closing and (y) the date after the Closing
on which Pubco consummates a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in
all of its stockholders having the right to exchange their shares of Pubco Common Stock for cash, securities, or other property), subject
to certain customary transfer exceptions. A copy of the form of this agreement is attached as Exhibit 10.2 hereto and is incorporated
herein by reference.

Insider Letter Amendment

Simultaneously with the execution of the Business Combination Agreement, Willow Lane, Pubco, Boost Run and the underwriter of the Willow Lane initial public offering, on the one hand, and Willow Lane Sponsor, LLC (the “ Sponsor”) and Willow Lane’s directors and officers, on the other hand, entered into an amendment (the “ Insider Letter Amendment”) to the letter agreement that was entered into in connection with Willow Lane’s initial public offering (the “ Insider Letter”) to (i) add Pubco and Boost Run as parties to the Insider Letter, (ii) revise the terms of the Insider Letter to reflect the Transactions, including the issuance of Pubco securities in exchange for Willow Lane securities, and have Pubco assume and be assigned the rights and obligations of Willow Lane under the Insider Letter, (iii) amend the terms of the lock-up set forth in the Insider Letter to conform with the lock-up terms in the Lock-Up Agreements described above, and (iv) release 10% of the Willow Lane Founder Shares from lock-up restrictions, subject to and contingent upon the Closing. A copy of this agreement is attached as Exhibit 10.3 hereto and is incorporated herein by reference.

Non-Competition and Non-Solicitation Agreement

Simultaneously with the execution of the Business Combination Agreement, Willow Lane, Pubco and Boost Run entered into a Non-Competition and Non-Solicitation Agreement in favor of Pubco and Boost Run with Andrew Karos, which will be effective as of the Closing and will provide for a restricted period from the Closing until the third anniversary of the Closing Date. A copy of the form of this agreement is attached as Exhibit 10.4 hereto and is incorporated herein by reference.

Amended and