Controversial spyware firm Paragon to go public by end of year
Spyware maker Paragon will go public by year-end via a REDLattice SPAC merger with Bold Eagle.
Spyware maker Paragon Solutions, owned by AE Industrial Partners and already combined with cyber-defense firm REDLattice, is set to go public through a SPAC deal with Bold Eagle Acquisition Corp. The companies reported $267 million in combined revenue for the year ended June, up 29% year over year, and expect to close around year-end and trade on Nasdaq under REDLattice. Paragon’s R&D remains in Israel. In January 2025, WhatsApp said Paragon’s Graphite spyware targeted about 90 users, including journalists and civil-society members.
- Paragon and REDLattice will merge with Nasdaq-listed Bold Eagle Acquisition Corp.
- Combined revenue was $267 million, up 29% year over year.
- Graphite spyware previously targeted about 90 WhatsApp users, including journalists.
- Public listing would add SEC disclosure and shareholder oversight.
- Vendors
- Paragon SolutionsREDLattice
- Products
- Graphite
- Malware
- Graphite
- Countries
- IsraelUnited States
From the original article
2 min read at therecord.mediaThe company plans to close the deal around the end of the year at which point Paragon will begin trading on Nasdaq under the REDLattice umbrella.
therecord.media
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