LinkedIn
WebsiteIntroduction
Willow Lane Acquisition Corp (NASDAQ: WLAC) is a special purpose acquisition company (SPAC) formed to complete a business combination with a middle-market operating company. Listed on the Nasdaq Global Market, WLAC seeks targets with enterprise values under $1 billion that demonstrate cash-flow generation and growth potential under an experienced management team.
Corporate structure and leadership
Willow Lane operates with a public-company structure. According to its LinkedIn profile, the firm lists one employee but works with a board and management team that has experience in SPAC transactions. Key executives include:
- B. Luke Weil, Chief Executive Officer and Chairman
- George Peng, Chief Financial Officer
- Marjorie (Maya) Hernandez, Treasurer and Director of Business Development
The board includes individuals with a background in prior SPAC transactions, such as Tecnoglass, Stryve, and Lazydays, focusing on valuations, operational efficiency, and value creation.
SPAC merger by Sei
Developments and news
- On November 12, 2024, Willow Lane closed its initial public offering, issuing 12.65 million units at $10.00 each, raising $126.5 million (full over-allotment exercised).
- On September 16, 2025, it entered a definitive business combination agreement with Boost Run LLC, an AI cloud infrastructure and high-performance compute provider. The transaction values the combined company at $614 million and will allocate $112 million from WLACās trust account into Boost Runās operations.
- SEC filings on September 17 and September 19, 2025 (Form 425 and Form 8-K) detail the merger terms and communications. Following completion, Boost Run is expected to trade on Nasdaq under the ticker āBRUN.ā
Financial and strategic analysis
Willow Laneās share price closed at $11.68 on October 2, 2025, unchanged from the previous session. Trading metrics for that day included a volume of 276,122 shares compared to an average daily volume of 26,122, reflecting a +957.05% increase in activity.
| Metric | Value |
|---|---|
| Share price (10/02/2025) | $11.68 |
| Daily volume | 276,122 |
| Average volume | 26,122 |
| Volume rate | +957.05% |
Key strategic considerations for the Boost Run merger include:
- A projected 250% revenue increase year-over-year for Boost Run in 2025.
- An 80% adjusted EBITDA margin and the ability to convert 70% of capital expenditures into revenue.
- $112 million in trust-account funding designated for expanding GPU capacity and enhancing software development.
Market position and industry context
As a blank-check company, Willow Lane operates in a SPAC environment that has seen increased scrutiny since early 2021 regarding deal fundamentals. Its target, Boost Run, competes in the AI cloud infrastructure sector, where established providers such as Amazon Web Services, Google Cloud, and Microsoft Azure are major players. Boost Run offers a bare-metal service that is priced 40%ā60% lower than that of larger competitors, targeting regulated and enterprise workloads that require operator-level security certifications. The combined entity intends to utilize public-market access to enhance platform development, broaden GPU offerings, and increase presence in government and regulated sectors.
TL;DR
Willow Lane Acquisition Corpās merger with Boost Run LLC, announced on September 16, 2025, and supported by SEC filings on September 17 and 19, is expected to close later this month. The $614 million de-SPAC transaction brings $112 million in growth capital to Boost Runās AI cloud infrastructure platform. Trading is anticipated to begin under the ticker āBRUN,ā facilitating the combined company's efforts to enhance GPU capacity and expand into regulated sectors.
