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WebsiteIntroduction
Willow Lane Acquisition Corp (NASDAQ: WLAC) is a special purpose acquisition company (SPAC) formed to effect mergers, amalgamations, or similar business combinations. The company’s Class A ordinary shares and warrants trade under the symbols WLAC and WLACW, respectively, on the Nasdaq Global Market.
Corporate Structure
Willow Lane maintains a lean internal staff—LinkedIn lists one employee—but draws on an experienced team with a track record of five prior SPAC transactions. The executive leadership includes:
- B. Luke Weil, Chief Executive Officer and Chairman
- George Peng, Chief Financial Officer
- Marjorie (Maya) Hernandez, Treasurer and Director of Business Development
The board of directors comprises Weil, Peng, Hernandez, Robert Stevens, Rayne Steinberg, and Mauricio Orellana, with A. Lorne Weil serving as an advisor.
SPAC merger by Sei
Recent Developments and News
On September 16, 2025, Willow Lane entered into a definitive business combination agreement with Boost Run LLC, a provider of AI cloud infrastructure and high-performance computing (HPC). The merger, valued at approximately $614 million, is expected to result in Boost Run becoming a publicly listed company on Nasdaq.
On October 2, 2025, Hiddenite Capital Partners LP, Hiddenite Capital Master Fund Ltd., and Hiddenite Capital Holdings LLC filed a Schedule 13G disclosing shared voting and dispositive power over 750,000 Class A shares, which represent 5.9% of the outstanding stock.
On October 3, 2025, trading volume reached 251,455 shares, significantly higher than the five-day average of five shares, while the share price was $11.60.
Financial and Strategic Analysis
Willow Lane closed its initial public offering on November 12, 2024, issuing 12,650,000 units, which included a full over-allotment of 1,650,000 units, priced at $10.00 per unit for gross proceeds of $126.5 million. Each unit comprised one Class A share and one-half redeemable warrant, with each whole warrant exercisable at $11.50 per share.
The SPAC structure provides capital to pursue a merger with a target company. The Boost Run transaction aligns with Willow Lane’s intent to support cash-flow-positive, middle-market businesses valued under $1 billion in enterprise value. Boost Run's platform, certified for regulated workloads, aims to meet enterprise demand for secure AI computing.
Market Position and Industry Context
As a publicly traded SPAC, Willow Lane operates within a competitive acquisition market, subject to a deadline to complete a business combination. Its management team's prior SPAC experience, including deals such as Tecnoglass, Stryve, and Lazydays, contributes to its approach for target identification and execution. The planned merger with Boost Run positions Willow Lane within the multi-cloud and AI infrastructure sector, where there is growing demand for specialized computing services.
TL;DR
Willow Lane Acquisition Corp's shares were priced at $11.60 on October 3, 2025, with trading volume reaching 251,455 shares. On September 16, 2025, it announced a $614 million SPAC merger with AI infrastructure provider Boost Run LLC. Hiddenite Capital Partners and related entities disclosed a 5.9% stake on October 2, 2025. The business combination is subject to shareholder approval.
