other material
confidence high
sentiment neutral
materiality 0.75
Willow Lane Acquisition Corp. closes $126.5M IPO, funds $126.9M trust account
Willow Lane Acquisition Corp.
- Sold 12,650,000 units at $10.00/unit, including full over-allotment of 1,650,000 units, grossing $126.5M.
- Private placement of 5,145,722 warrants at $1.00 each to sponsor and underwriters raised $5,145,722.
- Trust account funded with $126,879,500 ($10.03 per unit), held by Continental Stock Transfer & Trust.
- Company must complete a business combination within 24 months or liquidate; sponsor waived redemption rights on founder shares.