Here are the 10-Q quarterly reports from Willow Lane Acquisition Corp. Unit (WLACU) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WLACU and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WLACU filings page.
Willow Lane Acquisition Corp. reported net income of $422,377 for the quarter ended March 31, 2026, driven mainly by $1,185,502 of interest income on its Trust Account. General and administrative costs rose to $764,675, and cash outside the Trust Account declined to $96,558, resulting in a working capital deficit of $1,231,498.
The Trust Account balance increased to $133,769,323, or about $10.57 per public share, reflecting accumulated interest. Management disclosed that limited liquidity and the mandatory liquidation deadline create substantial doubt about the company’s ability to continue as a going concern if a business combination is not completed.
Subsequent to quarter-end, shareholders approved the Boost Run Business Combination on April 30, 2026 with no redemptions, leaving approximately $134.5 million in the Trust Account, and the transaction closed on May 8, 2026, transforming Willow Lane and Boost Run into wholly owned subsidiaries of a new public company, Pubco.
Willow Lane Acquisition Corp. is a Cayman Islands blank-check company formed July 3, 2024, that completed a successful IPO on November 12, 2024, selling 12,650,000 units at $10.00 each and placing $126.879 million into a Trust Account to fund an initial Business Combination. The Trust Account of $129.902 million is invested in short-term U.S. government money market securities and is presented as temporary equity subject to redemption by Public Shareholders.
For the three and six months ended June 30, 2025, the company reported net income of $1.2229 million and $2.4557 million, respectively, driven by interest income on Trust Account investments of $1.3750 million and $2.7389 million. Operating expenses were $162,835 and $305,907 for the three- and six-month periods. Cash outside the Trust was $1.1218 million and working capital was $1.1945 million, which management states is sufficient for at least one year. The balance sheet shows Class A shares subject to redemption recorded at a redemption value of $129.902 million, total liabilities of $4.5116 million including a deferred underwriting fee payable of $4.4275 million, and shareholders deficit of $(3.1972) million. The company has not commenced operations and will not generate operating revenue until completing a Business Combination.