Willow Lane Acquisition Corp. II 8-K

What Happened
Willow Lane Acquisition Corp. II announced that it consummated its initial public offering on February 17, 2026. The IPO sold 14,375,000 units at $10.00 per unit (including a full 1,875,000‑unit over‑allotment), generating $143,750,000 in gross proceeds. Simultaneously, the company completed a private placement of 514,055 units at $10.00 per unit, raising $5,140,550. Per the filing, $143,750,000 was placed in a U.S.‑based trust account maintained by Continental Stock Transfer & Trust Company. An audited balance sheet as of February 17, 2026 is included as Exhibit 99.1 to the Form 8‑K.

Key Details

• IPO: 14,375,000 units sold at $10.00 each; includes full over‑allotment of 1,875,000 units. Gross IPO proceeds: $143,750,000.
• Private Placement: 514,055 units sold at $10.00 each; total proceeds $5,140,550 (370,305 units to Willow Lane Sponsor II, LLC; 143,750 units to BTIG, LLC).
• Unit structure: each Unit = 1 Class A ordinary share (par $0.0001) + 1/4 of a redeemable warrant; each whole warrant exercisable for one Class A share at $11.50.
• Trustee and reporting: trust account held by Continental Stock Transfer & Trust Company; audited balance sheet dated Feb 17, 2026 furnished as Exhibit 99.1.

Why It Matters
The filing confirms the company has completed its capital raise and placed the reported trust funds in a trustee‑administered account—key for SPAC investors because those trust assets are typically available to fund a future business combination and are held separately from the sponsor’s capital. The unit and warrant terms, the amounts raised, and the audited balance sheet give investors concrete, verifiable details about the company’s initial capitalization and securities structure.