Willow Lane Acquisition II | 10-Q: FY2026 Q1 Revenue: USD 0

Revenue: As of FY2026 Q1, the actual value is USD 0.

EPS: As of FY2026 Q1, the actual value is USD 0.01.

EBIT: As of FY2026 Q1, the actual value is USD -529.32 K.

Willow Lane Acquisition Corp. II operates as a single reportable segment and has not generated any operating revenues to date, with non-operating income derived from interest earned on marketable securities held in the Trust Account .

Operational Metrics

Net income was $75,360 for the three months ended March 31, 2026 . Loss from operations was -$160,488 for the three months ended March 31, 2026 . Interest earned on marketable securities held in the Trust Account amounted to $368,828 for the three months ended March 31, 2026 . General and administrative costs were $160,488 for the three months ended March 31, 2026 . Share-based compensation expense was -$132,980 for the three months ended March 31, 2026 . Other income, net, was $235,848 for the three months ended March 31, 2026 .

Cash Flow

Net cash used in operating activities was -$349,690 for the three months ended March 31, 2026 . Net cash used in investing activities was -$143,750,000 for the three months ended March 31, 2026, primarily due to the investment of cash in the Trust Account . Net cash provided by financing activities was $145,547,263 for the three months ended March 31, 2026, including proceeds from the sale of Public Units ($140,875,000) and Private Placement Units ($5,140,550) .

Unique Metrics (Liquidity and Capital Resources)

Cash was $1,447,573 as of March 31, 2026, compared to $0 as of December 31, 2025 . Marketable securities held in Trust Account were $144,118,828 as of March 31, 2026, compared to $0 as of December 31, 2025 . Working capital surplus was $1,497,881 as of March 31, 2026 .

Future Outlook and Strategy

Willow Lane Acquisition Corp. II is focused on completing a Business Combination by February 17, 2028, or an earlier/later date approved by the Board/shareholders . The company anticipates incurring significant costs related to its acquisition plans and public company operations, but does not expect to need additional funds for operating expenditures within one year . However, there is a risk of insufficient funds if actual costs exceed estimates, potentially requiring additional financing for a Business Combination or managing redemptions .