Willow Lane Acquisition Corp. to Merge with AI Cloud Infrastructure Leader Boost Run in $614 Million Deal

Willow Lane Acquisition Corp. Announces Merger with AI Cloud Infrastructure Company Boost Run

On September 16 2025, Willow Lane Acquisition Corp. (NASDAQ: WLAC), a blank‑check company, disclosed its intent to merge with Boost Run LLC, an emerging provider of NeoCloud AI infrastructure and high‑performance computing (HPC) services. The transaction, valued at approximately $614 million, will take place through a de‑SPAC process and will enable Boost Run’s shares to list on the Nasdaq later in the month.

Strategic Rationale

Willow Lane’s primary objective is to pursue a business combination that can unlock value for its shareholders. By partnering with Boost Run, the SPAC gains exposure to the rapidly expanding multi‑cloud sector, where enterprises seek scalable, secure, and application‑specific compute solutions for artificial‑intelligence workloads. Boost Run’s bare‑metal platform, which incorporates operator‑level certifications and security features, is designed for complex, regulated workloads. This capability aligns with the increasing demand for compliant, on‑demand computing resources across government and regulated industries.

For Boost Run, the de‑SPAC merger provides a swift path to public markets without the traditional SPAC route. The company’s leadership—chief executive Andrew Karos, who founded algorithmic trading firm Blue Fire Capital and later served as Head of Electronic Trading at Galaxy Digital—brings a track record of building high‑performance infrastructure at scale. Karos’ relationships with key players such as Lenovo and TierPoint grant Boost Run access to scalable, certified compute capacity without the capital intensity of building data centers.

Financial Outlook

Boost Run projects revenue growth of over 250 % in 2025 compared with 2024, backed by adjusted EBITDA margins exceeding 75 % and high‑teens free‑cash‑flow margins. These figures underscore the company’s strong unit economics and capital‑efficient business model, positioning it well to capitalize on the AI compute boom.

Market Reaction

Willow Lane’s closing price on September 16, 2025, stood at $10.94, comfortably within its 52‑week range of $9.80 to $11.15. The SPAC’s market capitalization was approximately $177.45 million, reflecting investor confidence in the proposed merger. The transaction will likely lift the company’s profile within the technology and AI infrastructure space, offering investors a direct stake in a high‑growth segment that is still in its nascent stages.

Conclusion

The de‑SPAC merger between Willow Lane Acquisition Corp. and Boost Run LLC represents a strategic alignment of a blank‑check vehicle with a high‑growth AI cloud infrastructure provider. By leveraging Boost Run’s proven platform and leadership, the combined entity is positioned to meet the evolving needs of enterprises seeking secure, scalable, and cost‑effective AI compute solutions. The merger will be completed shortly, after which Boost Run’s shares will be listed on the Nasdaq, providing liquidity and visibility to both the SPAC and its shareholders.