Paragon Solutions to Go Public Amid Controversy Over Spyware

• •Paragon Solutions to merge with Bold Eagle Acquisition Corp., going public by end of 2026.
• •The company reported $267 million in revenue, a 29% increase year-over-year.
• •Paragon's spyware, Graphite, has previously targeted sensitive individuals, raising privacy concerns.

Paragon Solutions, a spyware manufacturer, is set to become publicly traded through a merger with Bold Eagle Acquisition Corp. The company, which has faced scrutiny for its Graphite spyware, reported a combined revenue of $267 million with REDLattice for the year ending June 2026, marking a 29% increase. The deal is expected to close by the end of 2026, enhancing transparency in its operations. Paragon's spyware has previously targeted journalists and human rights activists, raising concerns about its implications for privacy and security. Despite the controversy, the firm aims to expand its product portfolio and pursue mergers and acquisitions. The merger will maintain Paragon's research and development base in Israel, ensuring continued innovation in cybersecurity. This public listing is seen as a sign of investor confidence and ambition for growth.