REDLattice To Go Public Via Bold Eagle SPAC Merger At $1.25B Pre-Money Enterprise Value, Under Ticker "REDL" Around Year-End 2026
Benzinga News-desk 1 month ago
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Scaled Defense Technology Leader Provides Mission-Critical Cyber Capabilities Transaction Values REDLattice at a Pre-Money Enterprise Value of $1.25 Billion $335 Million of Committed Capital Anchored by Loomis,
Scaled Defense Technology Leader Provides Mission-Critical Cyber Capabilities
Transaction Values REDLattice at a Pre-Money Enterprise Value of $1.25 Billion
$335 Million of Committed Capital Anchored by Loomis, Sayles & Co., Including $60 Million Common Stock Investment Led by Existing Investor AE Industrial and Eagle Equity Partners
Transaction Enabled by Business Combination with Bold Eagle Acquisition Corp.
(NASDAQ:BEAG, BEAGU, BEAGR)))
REDL Intermediate Holdings, LLC (together with its subsidiaries, “REDLattice” or the “Company”), the leading operational cyber intelligence platform providing integrated technology solutions to support critical national security and intelligence missions, and Bold Eagle Acquisition Corp. (NASDAQ:BEAG) (“Bold Eagle”), a publicly listed special purpose acquisition company, today announced that they have entered into a definitive agreement for a business combination that would result in REDLattice becoming a publicly traded company listed on the Nasdaq under the ticker symbol “REDL” upon closing of the transaction, which is anticipated around year-end 2026.
Founded in 2012, REDLattice delivers lawful intercept, vulnerability research and intelligence acquisition solutions that help U.S. and allied government agencies facilitate national security operations and anticipate, detect and neutralize threats from terrorism and other adversarial activity globally. The Company sells exclusively to government agencies at the nation-state or federal level and is a trusted partner to more than 100 customers across 23 countries. For the twelve months ended June 30, 2026, the Company generated $267 million of revenue, representing 29% year-over-year growth.
As artificial intelligence increases the speed, scale, and sophistication of cyber threats, governments are increasingly turning to specialized technology partners to maintain their technical advantage. This dynamic is creating significant near-term opportunities for REDLattice to execute its proven land-and-expand strategy, particularly across the U.S. defense and intelligence ecosystem. As of June 30, 2026, the Company had contracted backlog of $200 million and an active pipeline of $1.5 billion.