Cyberattack co Paragon agrees SPAC merger at $1.25b valuation
Paragon Solutions, part of REDLattice, agreed to merge with SPAC Bold Eagle (BEAG) at a $1.25b valuation. The deal includes $335m in committed capital. Paragon generated $200m of the combined $267m revenue last year, with 29% annual growth. The merger aims to expand government projects beyond intelligence.
