bloomberg.com web signal

Defense-AI Firm RedLattice Agrees to $1.25B SPAC Merger With Bold Eagle Acquisition Corp

Summary

Bold Eagle Acquisition Corp. will merge with RedLattice, a lawful-intercept and vulnerability-research vendor selling exclusively to US and allied government agencies, at an enterprise value of about $1.25B including debt. The deal is expected to generate up to ~$610M in proceeds, including $335M of committed capital from institutional and mutual-fund investors, with closing targeted around year-end 2026. AE Industrial Partners, which bought a controlling stake in 2023, remains the largest shareholder.