Bold Eagle Acquisition Corp. agreed to take Redl Intermediate Holdings public in a deal that values the cyber intelligence company at a pre-money enterprise value of $1.25 billion.

Upon the close of the deal, Redl--known as RedLattice--would be listed on the Nasdaq under the ticker symbol "REDL," the companies said on Monday.

RedLattice offers technology solutions aimed at supporting national security and intelligence for the U.S. and allied government agencies. The company sells to government agencies and has more than 100 customers across 23 countries. It recorded $267 million in revenue for the 12 months ending June 30, 2026, up 29% year-over-year.

Bold Eagle expects the deal to provide up to about $610 million in gross proceeds, including $335 million of committed capital from mutual fund and institutional investors, and up to about $275 million from the company's trust account assuming no redemptions.

The proceeds from the transaction would be used to refinance all of RedLattice's existing debt and to fund the final cash earnout payment from its previously consummated acquisition of Paragon Solutions.

RedLattice's existing management team, including Chief Executive Andy Boyd, would continue to lead the combined company following the close of the transaction.

Under the terms of the agreement, existing RedLattice shareholders would roll over all of their equity, and AE Industrial would remain the largest shareholder of the pro forma company.

The companies expect the deal to close around the end of the year. The transaction has been unanimously approved by the boards of both companies, and is subject to approval by Bold Eagle's shareholders and other closing conditions.