We are advising the placement agents on the de-SPAC transaction and the related PIPE financing

Davis Polk is advising the placement agents in connection with the $335 million PIPE and the business combination transaction between Bold Eagle Acquisition Corp. (“Bold Eagle”) and REDL Intermediate Holdings, LLC (“REDLattice”). The business combination values REDLattice at an enterprise value of approximately $1.25 billion. The transaction is expected to deliver approximately $610 million in gross proceeds, including $335 million from the PIPE and $275 million from Bold Eagle’s trust account (subject to applicable shareholder redemption rights).

Bold Eagle is a special purpose acquisition company (SPAC) formed for the purpose of effecting a business combination with one or more businesses.REDLattice is a leading operational cyber intelligence platform providing integrated technology solutions to support critical national security and intelligence missions.

The Davis Polk capital markets team includes partner Derek Dostal and associates Walker Halstad and Dylan Roache. All members of the Davis Polk team are based in the New York office.

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