---
title: "Willow Lane amends transfer deal to let SPV buy 27.5% of founder shares/warrants for $1.75 each"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284057183.md"
description: "Willow Lane has amended its transfer agreement, allowing Goodrich ILMJS to purchase 27.5% of the Sponsor's Founder Shares and warrants at $1.75 each. This includes 1,272,885 Founder Shares and 1,101,986 private warrants for a total of $2,227,548.75. The transfer must close within six months or 15 days after the effective resale registration and lock-up expiry, with securities held in escrow until completion. The proxy statement will also be updated regarding ownership and voting related to the Business Combination with Boost Run."
datetime: "2026-04-24T21:33:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284057183.md)
  - [en](https://longbridge.com/en/news/284057183.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284057183.md)
generator: "portal-rs"
---

# Willow Lane amends transfer deal to let SPV buy 27.5% of founder shares/warrants for $1.75 each

**Willow Lane amended transfer agreement to let Goodrich ILMJS buy 27.5% of Sponsor's Founder Shares and warrants at $1.75 per share.**

**Key Highlights:**

-   Amended and restated transfer agreement sets purchase of 1,272,885 Founder Shares and 1,101,986 private warrants.
-   Purchase price is $2,227,548.75 total, equal to $1.75 per Founder Share transferred.
-   Transfer must close on or before earlier of six months after Closing or 15 days after effective resale registration and lock-up expiry.
-   Transfer Securities will be held in escrow with Continental Stock Transfer & Trust until purchase is completed.
-   Supplemental disclosures update proxy statement ownership, quorum and vote descriptions tied to the Business Combination with Boost Run.

Original SEC Filing: Willow Lane Acquisition Corp. \[ WLAC \] - 8-K - Apr. 24, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**