Company: BEAG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044296
Chunk: 57

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 2
Chunk 57
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 and are measured at fair value. Conditionally
redeemable ordinary shares (including ordinary shares that feature redemption rights that are either within the control of the holder
or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary
equity. At all other times, ordinary shares are classified as shareholders’ equity. The Class A ordinary shares feature certain
redemption rights that are considered to be outside of the Company’s control and subject to occurrence of uncertain future events.
Accordingly, Class A ordinary shares subject to possible redemption are presented at redemption value as temporary equity, outside of
the shareholders’ equity section of our balance sheet. The Company recognizes changes in redemption value immediately as they occur
and adjusts the carrying value of Class A ordinary shares to equal the redemption value at the end of each reporting period. Increases
or decreases in the carrying amount of redeemable ordinary shares are affected by charges against additional paid in capital and accumulated
deficit.

The Company recognizes changes in redemption value
immediately as they occur and adjusts the carrying value of Class A ordinary shares to equal the redemption value at the end of each reporting
period. Increases or decreases in the carrying amount of redeemable ordinary shares are affected by charges against additional paid in
capital and accumulated deficit.

20

Recent Accounting
Standards

In November 2023, the FASB issued Accounting Standards
Update 2023-07 - Segment Reporting (Topic ASC 280) Improvements to Reportable Segment Disclosures. The ASU improves reportable segment
disclosure requirements, primarily through enhanced disclosure about significant segment expenses. The enhancements under this update
require disclosure of significant segment expenses that are regularly provided to the Chief Operating Decision Maker (“CODM”)
and included within each reported measure of segment profit or loss, require disclosure of other segment items by reportable segment and
a description of the composition of other segment items, require annual disclosures under ASC 280 to be provided in interim periods, clarify
use of more than one measure of segment profit or loss by the CODM, require that the title of the CODM be disclosed with an explanation
of how the CODM uses the reported measures of segment profit or loss to make decisions, and require that entities with a single reportable
segment provide all disclosures required by this update and required under ASC 280. The Company adopted ASU 2023-07 for the annual period
ending December 31, 2024 (see Note 9).

Management does not