Capital · SPAC

REDLattice’s SPAC partner reports $111.6 million in trust after redemptions

The September deal announcement assumed up to $275 million from Bold Eagle’s trust with no redemptions. Shareholders have approved a deadline extension; the combination vote remains ahead.

October 28, 2026

Bold Eagle Acquisition Corp., REDLattice’s special purpose acquisition company partner, reported about $111.6 million remaining in trust after holders of 15,397,025 Class A shares exercised redemption rights in connection with its extension meeting.^1–2 The updated cash figure appeared in an Oct. 27 amendment to its Oct. 26 filing.²

About $111,637,913 in the trust account

Bold Eagle’s trust account

approximately $111,637,913

Redemption price about $10.73 per share, leaving about $111,637,913 in the trust account

Expected from Bold Eagle's trust accountUp to about $275 millionplanned

Up to about $275 million expected from Bold Eagle's trust account

The number of redemption requests in connection with the business combination is a listed risk

The $275 million trust figure assumed no redemptions

Bold Eagle Form 8-K/A, Oct. 27, 2026; Form 8-K, Oct. 26, 2026; Bold Eagle and REDLattice release, Sept. 28, 2026. As of Oct. 28, 2026.

Sources

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The September announcement had projected up to approximately $275 million from the trust, assuming no redemptions. Separately, the deal included $335 million of committed capital. That consists of $275 million in convertible notes and $60 million in common stock through a private investment in public equity.⁴

REDLattice describes itself as an operational cyber intelligence platform supporting national security and intelligence missions. The companies planned to use transaction proceeds to refinance all REDLattice’s existing debt and fund the final cash earnout from its earlier acquisition of Paragon Solutions.⁴

Bold Eagle shareholders voted Oct. 20 to extend its business combination deadline from Oct. 25, 2026, to June 25, 2027. Approval of the REDLattice combination remains ahead, with the definitive proxy to be mailed after the registration statement is publicly filed and declared effective.¹

On Oct. 26, Bold Eagle and sponsor Eagle Equity Partners IV signed agreements with several unaffiliated shareholders to reverse their redemptions. Bold Eagle agreed to deposit $134,507 monthly into escrow for those investors, with the sponsor advancing the funds. Deposits run until the earliest of a business combination closing, liquidation or June 25, 2027; the filings give no share count for the reversals.¹

REDLattice’s closing conditions include at least $100 million from qualifying equity proceeds and trust cash, net of redemptions and before transaction expenses. A separate condition requires more than $250 million from convertible notes.³ The reported trust balance exceeds the equity-and-trust threshold, but redemption requests tied to the combination remain a listed risk.^1–3

Sources (4)

Bold Eagle Form 8-K, filed Oct. 26, 2026 (event date Oct. 20, 2026) www.sec.gov
Bold Eagle Form 8-K/A, filed Oct. 27, 2026 www.sec.gov
Bold Eagle Form 8-K, business combination agreement (Sept. 25, 2026) www.sec.gov
Bold Eagle and REDLattice press release, Exhibit 99.1 (Sept. 28, 2026) www.sec.gov

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Capital

CesiumAstro closes $730 million round to support its own planned satellite constellation

The space communications supplier plans a 737-satellite constellation that would take it into operating its own infrastructure. Janus Henderson led the equity round.

November 6, 2026

CesiumAstro announced Nov. 5 that it closed $730 million in Series D financing. The round valued the company at more than $4.5 billion.¹

CesiumAstro raises capital to support its planned satellite constellation

Series D financing and Synchronicity plans, announced Nov. 5, 2026

$730MClosed Series D financing

737 satellitesPlanned Synchronicity constellation

CesiumAstro says the capital will support Synchronicity deployment alongside technologies, manufacturing expansion, spacecraft development and international growth.

Source: CesiumAstro, Nov. 5, 2026. As of Nov. 6, 2026.

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Synchronicity would extend CesiumAstro's business from supplying space technologies and complete spacecraft to developing and operating its own space infrastructure. The planned 737-satellite constellation is intended for commercial, sovereign and defense missions.¹

Janus Henderson led the equity round, with participants including Insight Partners, Sands Capital and Magnetar. The announcement also lists $100 million in debt financing through the Export-Import Bank of the United States and JPMorgan, without specifying whether that amount is included in the $730 million.¹

CesiumAstro acquired Jariet Technologies, 1Aardvark and Vidrovr in the past 12 months, bringing together semiconductor, mission software and artificial intelligence capabilities.¹

The company says the capital will support Synchronicity deployment alongside advanced technologies, U.S. manufacturing expansion, spacecraft development and international growth. It also announced a $500 million investment over five years to expand its Austin headquarters, including advanced manufacturing space.¹

Sources (1)

CesiumAstro, "CesiumAstro Secures $730 Million in Janus Henderson-Led Series D at a Valuation Above $4.5 Billion; Unveils Synchronicity Satellite Constellation Following Fully Successful Element-1 Mission," Nov. 5, 2026 cesiumastro.com

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Capital · Drones

Axon targets larger Skydio stake with $1.2 billion investment

Axon will also become the drone maker’s exclusive public safety distributor in the U.S. and Canada.

November 6, 2026

Axon announced a roughly $1.2 billion minority investment in Skydio on Nov. 5, 2026. It expects its ownership to reach about 37% on a fully diluted basis.¹

Axon announced an incremental minority investment of about $1.2 billion in Skydio

Nov. 5, 2026

minority investmentabout $1.2 billionplanned

expected to raise its fully diluted ownership from about 15% (as of Sept. 30, 2026) to about 37%

public safetyU.S. and Canadaplanned

Axon will also become Skydio's exclusive distributor for public safety in the U.S. and Canada.

Axon expects the remaining transactions to close in Q4 2026 and Q1 2027, subject to customary closing conditions

Source: Axon Form 8-K and Exhibit 99.1, Nov. 5, 2026. Data as of Nov. 6, 2026.

Sources

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The investment would pair a larger minority stake with an exclusive public safety sales channel in the U.S. and Canada.^1–2 The deal builds on a partnership already bringing Skydio drones to public safety agencies across the U.S. Axon describes it as an expansion of its Drone as First Responder program.²

The initial purchase closed on Nov. 5. Axon expects the remaining transactions to close during the fourth quarter of 2026 and first quarter of 2027, subject to customary closing conditions.¹

The investment combines capital for Skydio with purchases from existing shareholders.² The initial purchase of about $254.9 million in non-voting Series G preferred shares was made directly with Skydio.¹ Part of the cash consideration is intended to fund innovation and product expansion at Skydio, Axon says.²

Sources (2)

Axon Form 8-K, Nov. 5, 2026 www.sec.gov
Exhibit 99.1, Axon press release, Nov. 5, 2026 www.sec.gov

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