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WebsiteIntroduction
Willow Lane Acquisition Corp (NASDAQ: WLAC) is a special purpose acquisition company formed to complete a business combination with a middle-market enterprise valued under $1 billion. Since its initial public offering in November 2024, WLACās units and Class A shares have traded on the Nasdaq Global Market, providing investors access to a blank-check vehicle focused on targets with positive cash flow and disciplined valuations.
Corporate Structure and Experience
According to its LinkedIn profile, Willow Lane operates with a single full-time employee but leverages a management and advisory team that has executed five prior SPAC transactions, including Tecnoglass, Inspired, Lazydays RV, Stryve, and Ensysce. Key officers and directors include:
- B. Luke Weil, Chief Executive Officer and Chairman
- George Peng, Chief Financial Officer
- Marjorie (Maya) Hernandez, Treasurer and Director of Business Development
- Robert Stevens, Director
- Rayne Steinberg, Director
- Mauricio Orellana, Director
- A. Lorne Weil, Advisor
AI infrastructure by Possessed Photography
Recent Developments and News
On September 15, 2025, Willow Lane entered into a definitive business combination agreement with Boost Run LLC, a provider of AI cloud infrastructure and high-performance compute services. An investor webinar held on September 16, 2025, provided details of the transaction which:
- Values the combined entity, Boost Run Inc., at approximately $614 million on a post-money basis.
- Unlocks $112 million from WLACās trust account to support Boost Runās expansion, assuming no redemptions by SPAC shareholders.
- Projects revenue growth for Boost Run of approximately 250 percent year-over-year in the twelve months preceding the merger.
Trading data as of September 19, 2025, indicates WLAC shares at $11.50, unchanged from the prior close, with a volume of 200,250 shares compared to an average daily volume of 250 shares.
Financial and Strategic Analysis
The SECās Form 425 filings dated September 17, 2025, outline key metrics and forward-looking assumptions:
- Revenue Outlook: Midpoint projection of $180 million for Boost Run in 2026, implying a forward EV/revenue multiple of 3.4x.
- Profitability: Anticipated adjusted EBITDA margins near 80 percent and positive free cash flow since inception.
- Capital Efficiency: Approximately 70 percent of capital expenditures converted into revenue.
- Strategic Initiatives: Plans include expanding GPU offerings, rolling out a software and automation layer, and targeting regulated sectors such as healthcare and finance.
Risk factors mentioned include competition from major cloud service providers, execution challenges in scaling AI workloads, and reliance on key partnerships for hardware procurement and data center access.
Market Position and Industry Context
Willow Laneās combination with Boost Run aims to position investors in the AI infrastructure market, which is projected to expand from an estimated $60 billion in 2025 to $500 billion by 2034. Boost Runās bare-metal platform focuses on enterprise and regulated workloads, offering on-demand compute capacity at competitive pricing compared to major hyperscalers. The transaction reflects a broader trend of SPACs merging with technology-focused targets demonstrating revenue growth and capital efficiency.
tl;dr
On September 15, 2025, Willow Lane Acquisition Corp agreed to merge with AI cloud-infrastructure provider Boost Run LLC, unlocking $112 million in trust funds and valuing the combined company at $614 million. Boost Run forecasts revenue of approximately $180 million for 2026, with adjusted EBITDA margins near 80 percent. Upon closing, shares of the merged entity will trade on Nasdaq under the ticker āBRUN,ā providing investors with access to regulated-market compute capacity.
