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Cyber Firm RedLattice to Go Public Via SPAC Merger

28 Sep

Summary

RedLattice, a cyber defense firm, is merging with Bold Eagle Acquisition Corp.
The transaction is set to take RedLattice public.
The deal values RedLattice at approximately $1.25 billion.

Cyber Firm RedLattice to Go Public Via SPAC Merger

Private equity-backed cyber defense technology company RedLattice has announced its intention to go public. This strategic move will be achieved through a merger with a special purpose acquisition company, Bold Eagle Acquisition Corp. The transaction has established a valuation for RedLattice at roughly $1.25 billion, a figure that includes existing debt prior to the merger.

The announcement on Monday confirmed earlier reports surrounding this potential deal. This merger represents a significant development for RedLattice, allowing it to access public capital markets. The cyber defense sector continues to be a key area of focus for investors seeking growth opportunities.

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