BRUN · Boost Run Inc. Warrant

Boost Run Inc. initiated a redemption of all its outstanding public warrants, setting a deadline of August 20, 2026, for holders to exercise or face a nominal $0.01 redemption. Each warrant entitles the holder to purchase one share of Class A common stock at $11.50. As of July 24, 2026, the company had already received $58.8 million in gross proceeds from approximately 45% of the warrants exercised, and expects an additional $73.1 million if the remaining warrants are exercised, for a total of $131.9 million. This inflow strengthens the company's cash position significantly, providing capital for its AI cloud infrastructure and growth initiatives as highlighted in the accompanying press release. The redemption compels warrant holders to act quickly or lose substantial value, effectively accelerating the conversion of warrants into equity and reducing future dilution. The company's ability to realize the full $131.9 million depends on holder exercise behavior; any unexercised warrants will be redeemed for minimal value, resulting in lower total proceeds but also less dilution. The final outcome will be known after the redemption date.