Business
Willow Lane Acquisition Corp. Announces No Redemptions in Connection with Business Combination with Boost Run Holdings, LLC
Willow Lane Acquisition Corp. ("Willow Lane") (Nasdaq: WLAC), a special purpose acquisition company led by B. Luke Weil, today announced that the Willow Lane has, as of the redemption deadline of 5:00 p.m. eastern time on April 28, 2026, received no redemption requests in connection with the anticipated consummation (the "Closing") of the proposed business combination (the "Business Combination") between Willow Lane and Boost Run Holdings, LLC ("Boost Run") pursuant to the Business Combination A
About this update from Willow Lane Acquisition Corp.
[{"type":"text","content":"Gross proceeds of approximately $133.8 million expected to be available to the combined company at the closing","length":110,"tagName":"p"},{"type":"text","content":"Shareholder meeting to vote on proposals in connection with the business combination scheduled for 10:00 a.m. ET on April 30, 2026","length":130,"tagName":"p"},{"type":"text","content":"NORTHBROOK, Ill. and NEW YORK, April 29, 2026 /PRNewswire/ -- Willow Lane Acquisition Corp. ("Willow Lane") (Nasdaq: WLAC), a special purpose acquisition company led by B. Luke Weil, today announced that the Willow Lane has, as of the redemption deadline of 5:00 p.m. eastern time on April 28, 2026, received no redemption requests in connection with the anticipated consummation (the "Closing") of the proposed business combination (the "Business Combination") between Willow Lane and Boost Run Holdings, LLC ("Boost Run") pursuant to the Business Combination Agreement between Willow Lane, Boost Run and Boost Run Inc. ("Pubco"), among other parties, entered into as of September 15, 2025 (as amended, the "Business Combination Agreement"). Based on the strong support from Willow Lane shareholders, Willow Lane expects to deliver 100% of the cash and cash equivalents held in the Willow Lane trust account, which was $133.8 million as of March 12, 2026, to the combined company at the Closing.","length":1066,"tagName":"p"},{"type":"text","content":""We are pleased that no redemptions have been submitted, which should result in the full Willow Lane trust account being delivered to Boost Run at closing," said Luke Weil, Chief Executive Officer and Charman of Willow Lane. "We are excited to continue working with the Boost Run team toward closing and beyond, as they build on their momentum."","length":365,"tagName":"p"},{"type":"text","content":"Extraordinary General Meeting to Approve Business Combination Willow Lane will hold an extraordinary general meeting of its shareholders at 10:00 a.m. ET on April 30, 2026, for Willow Lane shareholders of record as of March 12, 2026, to approve proposals presented to the shareholders at the extraordinary general meeting related to the Business Combination with Boost Run. A definitive proxy statement containing the proposals to be presented at the extraordinary general m...