Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 276

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 276
---
 of the Sponsor or certain of our officers and directors may, but are not obligated to,
loan us funds as may be required. If we complete our initial business combination, we would repay such loaned amounts. In the event that
our initial business combination does not close, we may use a portion of the working capital held outside the Trust Account to repay such
loaned amounts but no proceeds from our Trust Account would be used for such repayment. Such loans may be convertible into Private Placement
Shares of the post business combination entity at a price of $10.00 per share at the option of the lender. The terms of such loans, if
any, have not been determined and no written agreements exist with respect to such loans. Prior to the completion of our initial business
combination, we do not expect to seek loans from parties other than the Sponsor or an affiliate of the Sponsor as we do not believe third
parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our Trust Account.

We expect our primary liquidity requirements during
that period to include approximately $1,509,000 for legal, accounting, due diligence, travel and other expenses associated with structuring,
negotiating and documenting successful business combinations, and approximately $81,000 for Nasdaq and approximately $300,000 for director
and officer liability insurance premiums. We will also pay an affiliate of the Sponsor for office space and administrative services provided
to members of our management team in an amount equal to $15,000 per month.

These amounts are estimates and may differ materially
from our actual expenses. In addition, we could use a portion of the funds not being placed in trust to pay commitment fees for financing,
fees to consultants to assist us with our search for a target business or as a down payment or to fund a “no-shop” provision
(a provision designed to keep target businesses from “shopping” around for transactions with other companies or investors
on terms more favorable to such target businesses) with respect to a particular proposed business combination, although we do not have
any current intention to do so. If we entered into an agreement where we paid for the right to receive exclusivity from a target business,
the amount that would be used as a down payment or to fund a “no-shop” provision would be determined based on the terms of
the specific business combination and the amount of our available funds at the time. Our forfeiture of such funds (whether as a result
of our breach