Bold Eagle Acquisition to merge with REDLattice in deal valuing company at $1.25 billion
BEAG•REDLattice agreed to merge with Bold Eagle Acquisition at a pre-money enterprise value of $1.25 billion, with the transaction expected to provide up to about $610 million in gross proceeds. REDLattice reported $267 million in revenue for the 12 months ended June 30, 2026, up 29% year over year.
1. Merger terms
REDLattice agreed to merge with Bold Eagle Acquisition and expects to become a Nasdaq-listed company under the ticker REDL near year-end 2026. The transaction is expected to deliver up to about $610 million in gross proceeds, including $335 million in committed capital and up to $275 million from the trust.
2. Committed financing
The committed capital includes $275 million in convertible notes with a 4% coupon and a fixed conversion price of $12.50. REDLattice posted $267 million in revenue for the 12 months ended June 30, 2026, up 29% year over year.
