Willow Lane Acquisition Corp. (NASDAQ:WLACU) announced the pricing of its $110 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “WLACU”, Friday, November 8, 2024.
The new SPAC intends to conduct a broad search to find an established middle market company valued at about $1 billion or less.
The Company’s management team is led by B. Luke Weil, its Chief Executive Officer and Chairman of the Board of Directors of the Company (the “Board”), George Peng, Chief Financial Officer, and Marjorie (Maya) Hernandez, Treasurer and Director of Business Development. In addition, the Board includes Robert Stevens, Rayne Steinberg, and Mauricio Orellana. A. Lorne Weil serves as Special Advisor to the Company.
Total SPAC deal count for 2024 year-to-date is now 45. This offering is expected to close on Monday, November 11, 2024.
BTIG, LLC is acting as sole book-running manager for the offering. Craig-Hallum Capital Group LLC is acting as co-manager for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Loeb & Loeb LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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