MergerMay 14, 2026, 05:32 PM
Boost Run Inc. Completes Business Combination with Willow Lane
AI Summary
Boost Run Inc. announced the consummation of its Business Combination with Willow Lane Acquisition Corp. on May 8, 2026. Willow Lane shareholders had approved the transaction on April 30, 2026, with no redemptions from the trust account. As a result, Willow Lane converted to a Delaware corporation and merged into Pubco, and Boost Run Holdings, LLC also merged into Pubco, making both wholly-owned subsidiaries of the newly public Boost Run Inc. The transaction involved the issuance of 44,150,000 shares of Pubco common stock, valued at $441.5 million, and an $8.5 million installment note to Boost Run holders, along with contingent earnout shares.
Key Highlights
- Business Combination between Willow Lane Acquisition Corp. and Boost Run Holdings, LLC was consummated on May 8, 2026.
- Willow Lane shareholders approved the Business Combination on April 30, 2026.
- No Willow Lane shareholders exercised redemption rights from the approximately $134.5 million trust account.
- Willow Lane Acquisition Corp. converted to a Delaware corporation and merged into Pubco.
- Boost Run Holdings, LLC merged into Pubco, becoming a wholly-owned subsidiary.
- Pubco issued 44,150,000 shares of common stock, valued at $441.5 million, to Boost Run holders.
- An $8.5 million installment note was issued to Andrew Karos, holder of Class A Units.
- Andrew Karos has a contingent right to receive up to 7,875,000 earnout shares.