other material
confidence high
sentiment neutral
materiality 0.75
Willow Lane Acquisition Corp. II closes IPO and private placement, raising $149M
Willow Lane Acquisition Corp. II
- IPO of 14,375,000 units at $10 each, incl. full over-allotment, gross proceeds $143.75M.
- Private placement of 514,055 units at $10 each, gross proceeds $5.14M; sponsor bought 370,305, BTIG 143,750.
- Total $143.75M deposited in trust account; audited balance sheet shows $145.8M total assets.
- Each unit contains one Class A ordinary share and one-fourth of a warrant exercisable at $11.50 per share.
- Company has 24 months from IPO to complete an initial business combination.