Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 839

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 6
Chunk 839
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ation of a business combination. The Units were sold at a price of
$10.00 per Unit, generating gross proceeds to the Company of $250,000,000. The Company granted the underwriters a 45-day option to purchase
up to 3,750,000 additional Units to cover over-allotments at the Initial Public Offering price (the “Over-Allotment Option”).
On December 9, 2024, the Company closed the issuance and sale of 800,000 additional Units (the “Over-Allotment Option Units”)
in connection with the underwriters partially exercising their Over-Allotment Option. The Over-Allotment Option Units were sold at a price
of $10.00 per Unit, generating gross proceeds to the Company of $8,000,000.

Simultaneously with the closing of the Initial
Public Offering, the Company consummated the sale of 350,000 shares (the “Private Placement Shares”) at a price of $10.00
per Private Placement Share in a private placement to Eagle Equity Partners IV, LLC (the “Sponsor”), generating gross proceeds
of $3,500,000, which is described in Note 4. Simultaneously with the closing of the Over-Allotment Option, the Company completed the private
placement of an additional 8,000 Private Placement Shares to the Sponsor at a price of $10.00 per share, generating gross proceeds to
the Company of $80,000 (together with the private placement which occurred simultaneously to the Initial Public Offering, the “private
placement”).

Transaction costs amounted to $12,283,324 consisting of $2,580,000
of net upfront underwriting discounts ($3,870,000 of upfront underwriting discounts less $1,290,000 reimbursement from the underwriters),
$9,030,000 of deferred underwriting fees and $673,324 of other offering costs.

Upon the closing of the Initial Public Offering,
including the Over-Allotment Option exercise and the private placement, $258,000,000 ($10.00 per Unit) from the net proceeds of the sale
of the Units in the Initial Public Offering and certain proceeds from the sale of the Private Placement Shares was placed in a trust account
(the “Trust Account”). Following their deposit into the Trust Account, such proceeds have been initially invested only in
money market funds meeting certain conditions under Rule 2a-7 under the Investment