<a href="https://laohu8.com/S/WLACU">Willow Lane Acquisition Corp.</a> Announces Business Combination with Boost Run Holdings, LLC to Form Publicly Traded Company
Willow Lane Acquisition Corp. announced that it has entered into a Business Combination Agreement with Boost Run Holdings, LLC, and Boost Run Inc. As part of the agreement, Willow Lane will re-domicile from the Cayman Islands to Delaware. The transaction will involve two mergers: SPAC Merger Sub merging into Willow Lane, and Company Merger Sub merging into Boost Run. Following these mergers, Willow Lane and Boost Run will become wholly-owned subsidiaries of Boost Run Inc., which will be a publicly traded company. In exchange for their cancelled securities, Willow Lane security holders will receive equivalent Pubco securities, while Boost Run's interest holders will receive an installment note of $8.5 million, shares worth $441.5 million, and additional Earnout Shares based on Pubco's stock performance over three years.
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