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Yes American eagle makes it. It says suppressor ready on the box and the box is black.
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That's weird. (I looked them up and you're completely right, but it's just weird...)
I don't understand what application would be better-served with a specialty suppressed 124-grain RNFMJ, than with any of the inherently-subsonic 147-158 grain loadings already out there. Whether a person wanted RNFMJ, FPFMJ, HP, SP, whatever, they're all already on the market.
Only thing I can think of is for reducing the recoil impulse, and that's typically a bad thing function-wise when using a suppressed semiauto pistol. Then again, maybe that could be a niche use for it - a worst-case function test of a gun/suppressor combo. If a suppressed pistol can run with a light-bullet subsonic load like this, it would likely function with any normal suppressed load.