Bold Eagle Acquisition to merge with REDLattice in deal valuing company at $1.25 billion
Bitget2026/09/28 12:03- REDLattice agreed to merge with Bold Eagle Acquisition, becoming a Nasdaq-listed company under ticker REDL near year-end 2026.
- Deal values REDLattice at a pre-money enterprise value of $ 1.25 billion.
- Transaction expected to deliver up to about $ 610 million gross proceeds, including $ 335 million committed capital and up to $ 275 million from trust.
- Committed capital includes $ 275 million convertible notes with a 4% coupon and $ 12.50 fixed conversion price.
- REDLattice posted $ 267 million revenue for the 12 months ended June 30, 2026, up 29% year over year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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