SPAC Willow Lane Acquisition II files for a $125 million IPO, targeting consumer goods
February 13, 2026 News
SPAC Willow Lane Acquisition II prices $125 million IPO, targeting consumer goods, gaming, and leisure
Willow Lane Acquisition II, the second blank check company led by Luke Weil targeting consumer goods, gaming, and leisure, raised $125 million by offering 12.5 million units at $10. Each unit consists of one share of common stock and one-fourth of one warrant, exercisable at $11.50.
IPO Overview
Willow Lane Acquisition II, the second blank check company led by Luke Weil targeting consumer goods, gaming, and leisure, filed on Wednesday with the SEC to raise up to $125 million in an initial public offering.
The company plans to raise $125 million by offering 12.5 million units at $10.00. Each unit consists of one share of common stock and one-fourth of one warrant, exercisable at $11.50.
The company is led by CEO and Chairman Luke Weil, who has led a number of SPACs previously, most recently as CEO and Chairman of Willow Lane Acquisition I （WLAC; +25% from $10 offer price）， which announced its plan to merge with cloud computing services provider Boost Run in September, and Chairman of Andina Acquisition III, which completed a business combination with Stryve Foods （OTC: SNAX） in 2021. Weil also served as Chairman of Andina Acquisition II, which completed a business combination with Lazydays Holdings in 2018, and delisted from the Nasdaq this past November.
The SPAC has not yet chosen a target, but plans to focus its search on companies in the consumer goods, gaming and leisure, and industrial manufacturing sectors.
The New York, NY-based company was founded in 2025 and plans to list on the Nasdaq under the symbol WLIIU. Willow Lane Acquisition II filed confidentially on October 24, 2025. BTIG is the sole bookrunner on the deal.
About the Company
We are a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. 1We have identified the following general criteria and guidelines that we believe are important in evaluating prospective targets. /We intend to use these criteria and guidelines in evaluating acquisition opportunities, but we may decide to enter into our initial business combination with a target business that does not meet these criteria and guidelines: We will seek to invest in one or more businesses with valuations below $1 billion, positive EBITDA and sustainable cash flows. /We intend to leverage the broad sector expertise of our management team and look to invest in businesses in consumer goods, gaming and leisure, industrial manufacturing, including domestic and international candidates, reflecting our collective transaction history. We will seek to invest in one or more businesses that have generated attractive unit economics at scale. /We will seek to invest in one or more businesses that have a leading, growing or unique niche market position in their respective sectors. We will seek to acquire one or more businesses with an experienced management team. /We will seek to acquire one or more businesses that will benefit from being publicly traded.