Boost Run Set to Go Public in US Via $614 Million SPAC Merger
AI cloud infrastructure company Boost Run LLC has reached an agreement to go public on the Nasdaq through a merger with Willow Lane Acquisition Corp.
Boost Run is valued in the transaction at $614 million on an equity basis at the completion of the deal, according to a statement reviewed by Bloomberg News. Cash proceeds from the transaction will total more than $112 million from the special purpose acquisition company’s trust account, before any redemptions by its stockholders.