K2 group discloses 0.64% Willow Lane (WLAC) stake plus warrants and founder shares

Rhea-AI Filing Summary

Willow Lane Acquisition Corp’s Class A shareholders received an ownership update from Canadian investment group K2 & its affiliates. The K2 Principal Fund, L.P. and related entities report beneficial ownership of 81,153 Class A ordinary shares, representing 0.64% of the class, with shared voting and dispositive power.

The filing notes that K2-related entities also hold 365,722 private placement warrants and 264,424 founder shares, which are structured to convert into Class A ordinary shares under the issuer’s SPAC terms. The group certifies the holdings are not intended to change or influence control of Willow Lane.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Willow Lane Acquisition Corp

(Name of Issuer)

Class A Ordinary Shares, par value $0.0001 per share

(Title of Class of Securities)

G9675P102

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. G9675P102

1

Names of Reporting Persons

The K2 Principal Fund, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 81,153.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 81,153.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

81,153.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.64 %

12

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13G

CUSIP No. G9675P102

1

Names of Reporting Persons

K2 Genpar 2017 Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 81,153.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 81,153.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

81,153.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.64 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. G9675P102

1

Names of Reporting Persons

SHAWN KIMEL INVESTMENTS, INC.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 81,153.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 81,153.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

81,153.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.64 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

CUSIP No. G9675P102

1

Names of Reporting Persons

K2 & Associates Investment Management Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

ONTARIO, CANADA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 81,153.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 81,153.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

81,153.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.64 %

12

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Willow Lane Acquisition Corp
(b)	Address of issuer's principal executive offices: 250 WEST 57TH STREET, SUITE 415, NEW YORK, NY, 10107
Item 2.
(a)	Name of person filing: The persons filing this statement are Shawn Kimel Investments, Inc., an Ontario corporation ("SKI"), The K2 Principal Fund, L.P., an Ontario limited partnership (the "Fund"), K2 Genpar 2017 Inc., an Ontario corporation and the General Partner to the Fund ("Genpar 2017"), and K2 & Associates Investment Management Inc., an Ontario corporation ("K2 & Associates"). Together SKI, the Fund, Genpar2017, and K2 & Associates are the "Reporting Persons". Mr.Kimel is President of SKI. Mr.Sikorski is Secretary of Genpar 2017, and President of K2 & Associates. K2 & Associates is a direct 66.5% owned subsidiary of SKI, and is the investment manager of the Fund.
(b)	Address or principal business office or, if none, residence: The address of the principal business office of each of the Reporting Persons is 2 Bloor St West, Suite 801, Toronto, Ontario, M4W 3E2.
(c)	Citizenship: Mr.Kimel is a citizen of Canada. Mr.Sikorski is a citizen of Canada. The Fund is an Ontario limited partnership. Each of SKI and GenPar 2017 Inc and K2 & Associates is an Ontario corporation.
(d)	Title of class of securities: Class A Ordinary Shares, par value $0.0001 per share
(e)	CUSIP No.: G9675P102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 81153 Class A Ordinary Shares, par value $0.0001 per share held of record (and may be deemed to be beneficially owned) by The K2 Principal Fund, L.P. See Item 2 for a description of the corporate structure of the Reporting Persons. Each of the Reporting Persons may be deemed to be beneficial owners of the 81153 Issuer's Class A Ordinary Shares, par value $0.0001 per share that are held by The K2 Principal Fund, L.P. Mr.Kimel is President of SKI. Mr. Todd Sikorski is Secretary of GenPar 2017 and President of K2 & Associates, and exercises ultimate voting and investment powers over the 81153 Issuer's Class A Ordinary Shares, par value $0.0001 per share that are held of record by The K2 Principal Fund, L.P The percentages used in this Schedule 13G are calculated based upon 12650000 ordinary shares issued and outstanding as of 2025-11-12, as reported in the companies 10-Q filed with the SEC on 2025-11-12. Additionally K2 owns 365,722 Warrants (the "Private Placement Warrants") and 264,424 founder shares. Each "Private Placement Warrant" Warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per share. The warrants were purchased for a cost of $1 per warrant The "Founder Shares" purchased at $0.006 per share, automatically convert into the Issuers Class A ordinary shares, $0.0001 par value, at the time of the Issuers initial business combination or earlier at the option of the holder, on a one-for-one basis For a complete description of the terms of the "Private Placement Warrants" and the "Founder Shares" refer to the Issuers registration statement on Form 424(b)(4) (File No. 333 282495)
(b)	Percent of class: 0.64 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 81153
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 81153
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

Each of the Reporting Persons hereby makes the following certification: By signing below each Reporting Person certifies that, to the best of his or its knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

The K2 Principal Fund, L.P.

Signature:	/s/ Todd Sikorski
Name/Title:	Todd Sikorski / Secretary
Date:	02/05/2026

K2 Genpar 2017 Inc.

Signature:	/s/ Todd Sikorski
Name/Title:	Todd Sikorski / Secretary
Date:	02/05/2026

SHAWN KIMEL INVESTMENTS, INC.

Signature:	/s/ Shawn Kimel
Name/Title:	Shawn Kimel / President
Date:	02/05/2026

K2 & Associates Investment Management Inc.

Signature:	/s/ Todd Sikorski
Name/Title:	Todd Sikorski / President
Date:	02/05/2026

FAQ

What ownership stake does K2 hold in Willow Lane Acquisition Corp (WLAC)?

K2 and its affiliated entities report beneficial ownership of 81,153 Class A ordinary shares of Willow Lane Acquisition Corp, equal to 0.64% of the outstanding class. Voting and investment power over these shares is reported as shared among the K2-related reporting persons.

Who are the reporting persons in this Willow Lane (WLAC) Schedule 13G/A?

The reporting persons are The K2 Principal Fund, L.P., K2 Genpar 2017 Inc., Shawn Kimel Investments, Inc., and K2 & Associates Investment Management Inc.. These Ontario-based entities, associated with Shawn Kimel and Todd Sikorski, jointly report beneficial ownership of Willow Lane shares.

What additional securities related to WLAC does K2’s group hold?

Beyond common shares, K2’s group holds 365,722 private placement warrants and 264,424 founder shares. Each private placement warrant entitles the holder to buy one Class A ordinary share at $11.50 per share, while the founder shares convert one-for-one into Class A shares under specified conditions.

Does K2 intend to influence control of Willow Lane Acquisition Corp (WLAC)?

The reporting persons expressly certify that the securities were not acquired and are not held for the purpose of changing or influencing control of Willow Lane Acquisition Corp. They also state the holdings are not part of any transaction with that purpose or effect.

How much voting power does K2’s group have over WLAC Class A shares?

For the reported 81,153 Class A ordinary shares, the filing shows 0 shares with sole voting power and 81,153 shares with shared voting power. The same breakdown applies to dispositive power, indicating decisions are taken jointly among the reporting entities.

What type of SEC filing is this for Willow Lane (WLAC)?

This disclosure is an amended Schedule 13G (Schedule 13G/A), which reports passive beneficial ownership of Willow Lane’s Class A ordinary shares. It updates the market on the K2 group’s stake without indicating an activist or control-seeking intent.