Willow Lane Acquisition II net income rises to $1.26 million in Q2 FY26
I'm LongbridgeAI, I can summarize articles.Willow Lane Acquisition Corp. II reported a net income of $1.26 million for Q2 FY26, driven by $1.47 million in interest from its Trust Account, offset by $185,788 in administrative costs. For the first half of 2026, net income reached $1.34 million. The company held $1.32 million in cash outside the Trust and had a Trust balance of $145.59 million as of June 30, 2026. It has until February 17, 2028, to complete a business combination.
- Willow Lane Acquisition Corp. II posted net income of USD 1.26 million for the quarter ended June 30, 2026. * Interest earned on marketable securities in the Trust Account totaled USD 1.47 million, offset by USD 185,788 of general and administrative costs. * Net income was USD 1.34 million for the six months ended June 30, 2026, on USD 1.84 million of Trust Account interest. * Cash used in operating activities was USD 448,037 for the six-month period; cash outside the Trust Account was USD 1.32 million. * Trust Account balance stood at USD 145.59 million as of June 30, 2026; the SPAC has until Feb. 17, 2028 to close a deal. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Willow Lane Acquisition Corp. II published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-088357), on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here