Bold Eagle agrees $1.25 billion REDLattice combination
Bold Eagle Acquisition ($BEAG) has signed a definitive merger agreement with REDLattice, an operational cyber-intelligence supplier to government customers. The transaction assigns REDLattice a $1.25 billion pre-money enterprise value and includes $335 million of committed financing: $275 million of convertible notes and $60 million of common equity. The notes carry a 4% coupon and a fixed $12.50 conversion price. Gross proceeds could reach approximately $610 million if no Bold Eagle shareholder
0