Flash FinanceUS
After hours S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · Willow Lane Acquisition Corp. II (WLII)

Willow Lane Acquisition Corp. II closes $143.75 million IPO, funds placed in trust

Neutral Impact 3 of 5 financing Written later

Willow Lane Acquisition Corp. II, a blank-check company (SPAC), closed its initial public offering on February 17, 2026, selling 14,375,000 units at $10.00 each for gross proceeds of $143.75 million, including the full exercise of the underwriters' over-allotment option. The full $143.75 million was placed in a U.S.-based trust account, and the company states it has not yet selected a business combination target.

Key points

  • IPO closed February 17, 2026: 14,375,000 units at $10.00 per unit, including 1,875,000 over-allotment units, for gross proceeds of $143.75 million.
  • Simultaneous private placement of 514,055 units at $10.00 each, for $5,140,550, sold to the sponsor (370,305 units) and BTIG, LLC (143,750 units).
  • $143.75 million held in trust with Continental Stock Transfer & Trust Company as trustee; the company has 24 months from the IPO closing to complete a business combination.

The filing

CompanyWillow Lane Acquisition Corp. II (WLII)
Form8-K, current report
Filed with the SECFeb 23, 2026, 5:00 PM ET
Accession number0001213900-26-019382

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 23, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.