other material
confidence high
sentiment neutral
materiality 0.30
Willow Lane Acquisition amends IPO underwriting agreement, restructures deferred commission
Willow Lane Acquisition Corp.
- Deferred underwriting commission of 3.5% of IPO proceeds reallocated: 2.25% cash, up to 0.75% contingent on trust account after redemptions, 0.5% to BTIG.
- Company or sponsor may allocate the 0.5% portion to pay expenses for an initial business combination.
- Underwriters may forfeit all or part of deferred commission prior to specified event by written notice.
- Amendment dated October 17, 2025, between Willow Lane and BTIG, LLC.