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Boost Run Announces Completion of Warrant Redemption

$BRUNPress releaseAug 26, 2026, 8:00 AM ETRead the release

Boost Run completed the redemption of its outstanding warrants on August 20, 2026, resulting in 99.8% of the warrants being exercised for cash. The exercise of 11.45 million warrants at $11.50 per share generated approximately $130 million in gross proceeds, eliminating all outstanding warrants and removing the dilutive overhang.

Key figures

Offering Price
11.5
Shares Offered
11447717
Gross proceeds
$130 million
Redemption price
$0.01
Warrants outstanding
11470711
Warrants exercised pct
99.8%
Class a shares outstanding
54312123
Class b shares outstanding
29533018

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.