secwatch.observer — SEC 8-K summary
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Issuer:     Willow Lane Acquisition Corp. (WLAC)
CIK:        0002032379
Form:       8-K
Filed at:   2026-01-13T23:59:59+00:00
Accession:  0001493152-26-002040
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Willow Lane Acquisition amends Business Combination Agreement with Boost Run; extends outside date to June 30, 2026
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- Extended Outside Date to June 30, 2026; removed covenant requiring independent directors post-closing.
- Earnout shares reallocated: Sponsor up to 1,125,000; SPV up to 1,968,750 (total 3,093,750).
- Price targets for earnout: $12.50, $15.00, $17.50; each tier triggers 656,250 (SPV) and 375,000 (Sponsor) shares.
- CEO B. Luke Weil gets consulting agreement for 336,000 Pubco shares vesting at $12, $14.50, $17 VWAP.
- Craig-Hallum reduces deferred underwriting commission by $500k for participation rights in future financings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2032379/000149315226002040/0001493152-26-002040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2032379/000149315226002040/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-002040

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer