Boost Run Announces Redemption of Outstanding Warrants

Northbrook, IL and New York - Boost Run, Inc. (Nasdaq: BRUN) has officially announced the redemption of all outstanding warrants to purchase shares of its Class A common stock. The redemption notice, which was delivered to registered warrant holders on July 21, 2026, impacts all warrants issued under the agreement dated November 7, 2024.

Transaction Details

• Redemption Price: $0.01 per warrant.
• Exercise Deadline: 5:00 p.m., New York City time, on August 20, 2026.
• Exercise Price: $11.50 per share of Class A common stock.

The company stated that warrant holders have until the specified August 20, 2026 deadline to exercise their warrants for cash. Any warrants remaining unexercised after this time will be redeemed at the nominal price of $0.01. Holders are advised to follow the procedures outlined in the notice of redemption and contact their broker or nominee for specific instructions.

Financial Impact

As of July 24, 2026, Boost Run has already secured $58.8 million in gross cash proceeds from the exercise of approximately 45% of its public warrants. Should all remaining outstanding warrants be exercised under the terms provided, the company expects to generate an additional $73.1 million, bringing the total gross cash proceeds to $131.9 million.