Willow Lane Acquisition II net income rises to $1.26 million in Q2 FY26
WLII•Cash and trust account position
Cash used in operating activities was $448,037 for the six-month period; cash outside the Trust Account was $1.32 million.
Trust Account balance stood at $145.59 million as of June 30, 2026; the SPAC has until Feb. 17, 2028 to close a deal.
Quarterly and six-month results
Willow Lane Acquisition Corp. II posted net income of $1.26 million for the quarter ended June 30, 2026.
Interest earned on marketable securities in the Trust Account totaled $1.47 million, offset by $185,788 of general and administrative costs.
Net income was $1.34 million for the six months ended June 30, 2026, on $1.84 million of Trust Account interest.
