Boost Run To Go Public Via SPAC Merger With Willow Lane; Targets 250% Revenue Growth In 2025 Vs 2024

• Boost Run's bare-metal platform is built for complex enterprise and regulated workloads, combining operator-level certifications and security, to support AI compute at scale.
  
  
  
   
• The merger offers investors a way to participate in the nascent multi-cloud industry, as companies seek to boost AI capabilities and access on-demand alternatives that comply with their increasing need for secure, application-specific outsourced computing needs.
  
  
  
   
• Boost Run Founder and CEO Andrew Karos co-founded algorithmic trading firm Blue Fire Capital in 2007, expanding operations globally across multiple data centers and reaching $500 million in revenues. Blue Fire Capital was acquired by Galaxy Digital in 2020. Following the acquisition, Karos served as Head of Electronic Trading and led the expansion of Galaxy's trading and computing infrastructure.
  
  
  
   
• Karos' strong relationships with Lenovo, TierPoint and others provide Boost Run with access to scalable, certified compute capacity - without capital-heavy data center investments - that provides durable solutions to government and regulated industries.
  
  
  
   
• Boost Run is projecting more than 250% revenue growth in 2025 versus 2024, with adjusted EBITDA margins over 75%1 and high-teens free cash flow margins2, underscoring the Company's strong unit economics and the capital efficiency of the business.
  
  
  
   
• The transaction values the combined company at $614 million, on a post-money basis, assuming retention of Willow Lane's trust account.
  
  
  
   
• Cash retained in connection with Willow Lane's trust account is planned to accelerate GPU purchases to enable Boost Run to expand into new data centers, and to continue Boost Run's software development to capture enterprise, government and regulated industry demand in a market constrained by limited compute availability.
  
  
  
   
• With over $112 million of cash to be added to the balance sheet (assuming no redemptions by Willow Lane shareholders), the Company is projected to exit the fourth quarter of calendar 2026 with an annualized quarterly revenue run-rate approximating $275 million, while maintaining similar profitability metrics to 2025 results.
  
  
  
   
• Following the filing of the transaction on September 15, 2025, and prior to the market open on September 16, 2025, fundamental institutional investors purchased $24.4 million of Willow Lane shares at $10.60 per share from existing SPAC shareholders.

CHICAGO and NEW YORK, Sept. 16, 2025 /PRNewswire/ -- Boost Run, LLC ("Boost Run" or the "Company"), a rapidly growing provider of AI Cloud Infrastructure and high performance compute (HPC), and Willow Lane Acquisition Corp. (NASDAQ:WLAC) ("Willow Lane"), a publicly traded special purpose acquisition company, today announced they have entered into a definitive business combination agreement through which Boost Run will become a publicly-listed company.

Boost Run provides efficient, certified, secure and production-ready infrastructure across a range of GPU architectures via Web UI and API. They provide solutions to enterprise, financial, government and third-party platforms requiring real-time inference, distributed training, Gen AI analytics, edge compute, code generation and other mission critical applications. The Company's suppliers, partnerships and distribution channels include Nvidia, Lenovo, Tierpoint and Carahsoft, among others. The Company continues to innovate client-driven solutions featuring 100% bare metal servers with real-time server deployment and provisioning, delivering on-demand compute to customers seeking or requiring primary access or multi-cloud diversification with advanced security and sector specific operator level certifications. 

Boost Run is projecting revenues in 2025 to grow over 250% versus 2024, alongside high teens free cash flow margins2.