SPAC Merger with Boost Run Closes with No Redemptions; New Entity 'BRUN' Begins Trading
summarizeSummary
Willow Lane Acquisition Corp. successfully completed its SPAC merger with Boost Run Inc. on May 8, 2026, with no shareholder redemptions, ensuring significant capital for the newly public company, now trading as 'BRUN' on Nasdaq.
check_boxKey Events
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Shareholders Approve Merger with No Redemptions
On April 30, 2026, shareholders approved the Boost Run Business Combination, with no public shareholders exercising their redemption rights. This left approximately $134.5 million in the Trust Account, a strong positive for the combined entity.
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Merger with Boost Run Completed
The business combination with Boost Run Inc. was consummated on May 8, 2026, transitioning Willow Lane Acquisition Corp. from a SPAC to an operating company.
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Company Re-domiciles to Delaware
As part of the merger, the company completed its re-domiciliation from the Cayman Islands to the State of Delaware.
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New Ticker Symbol 'BRUN' on Nasdaq
Effective May 11, 2026, the combined entity's Class A Common Stock and Public Warrants began trading on Nasdaq under the new symbols 'BRUN' and 'BRUNW', respectively.
auto_awesomeAnalysis
This quarterly report confirms the successful completion of Willow Lane Acquisition Corp.'s SPAC merger with Boost Run Inc. on May 8, 2026. Crucially, no public shareholders requested redemptions, leaving approximately $134.5 million in the Trust Account. This outcome is highly positive for a SPAC, as it ensures substantial capital for the combined entity and resolves the prior 'going concern' warning. The company has re-domiciled to Delaware and its shares now trade under the new ticker 'BRUN' on Nasdaq, marking its transition from a shell company to an operating business.
At the time of this filing, WLAC was trading at $21.01 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $238.2M. This filing was assessed with positive market sentiment and an importance score of 10 out of 10.