Mentioned:
BRUN -19.15% NVDA -6.20%

There’s a new high performance computing company on Wall Street.

What’s happening:

  • Boost Run (NASDAQ: BRUN) has successfully completed their business combination with Willow Lane Acquisition Corp (NASDAQ: WLAC) and begun trading on the Nasdaq

By the numbers:

  • The successful closing of Boost Run’s SPAC deal with Willow Lane Acquisition Corp will give them roughly $134.5M USD in new growth capital

Why it matters:

  • Boost Run operates six data centres based in the United States focused on hosting artificial intelligence workloads and is a Nvidia (NASDAQ: NVDA) Preferred Cloud Partner

Going deeper:

  • Boost Run has publicly stated they currently have $940M USD in existing long term contracted revenue
  • Dell Technologies (NYSE: DELL) also previously cut a $1.44B USD purchase agreement with Boost Run to provide them with hardware and software as well as financing support from Dell Financial Services to enable Boost Run to access growth capital