# 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. Published 2026-10-28 by TGOs. Canonical: https://tgos.io/news/2026/10/28/redlattice-s-spac-partner-reports-111-6-million-in/ 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] The September announcement had projected up to approximately $275 million from the trust, assuming no redemptions.[4] Separately, the deal included $335 million of committed capital.[4] 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.[4] 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.[1] 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.[1] Bold Eagle agreed to deposit $134,507 monthly into escrow for those investors, with the sponsor advancing the funds.[1] 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] ## Why it matters REDLattice’s closing conditions include at least $100 million from qualifying equity proceeds and trust cash, net of redemptions and before transaction expenses.[3] 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][2][3] ## Sources 1. Bold Eagle Form 8-K, filed Oct. 26, 2026 (event date Oct. 20, 2026) 2. Bold Eagle Form 8-K/A, filed Oct. 27, 2026 3. Bold Eagle Form 8-K, business combination agreement (Sept. 25, 2026) 4. Bold Eagle and REDLattice press release, Exhibit 99.1 (Sept. 28, 2026)