Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 272

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 272
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 the issuance of Class A ordinary shares on a greater than one-to-one
basis upon conversion of the Founder Shares;

●may subordinate the rights of holders of Class A ordinary shares if preference shares are issued with
rights senior to those afforded our Class A ordinary shares;

●could cause a change in control if a substantial number of our Class A ordinary shares are issued, which
may affect, among other things, our ability to use our net operating loss carry forwards, if any, and could result in the resignation
or removal of our present officers and directors;

●may have the effect of delaying or preventing a change of control of us by diluting the share ownership
or voting rights of a person seeking to obtain control of us; and

●may adversely affect prevailing market prices for our Units, Class A ordinary shares and/or Eagle Share
Rights.

Similarly, if we issue debt securities or otherwise
incur significant debt to bank or other lenders or the owners of a target, it could result in:

●default and foreclosure on our assets if our operating revenues after an initial business combination
are insufficient to repay our debt obligations;

●acceleration of our obligations to repay the indebtedness even if we make all principal and interest payments
when due if we breach certain covenants that require the maintenance of certain financial ratios or reserves without a waiver or renegotiation
of that covenant;

●our immediate payment of all principal and accrued interest, if any, if the debt security is payable on
demand;

●our
                                            inability to obtain necessary additional financing if the debt security contains covenants
                                            restricting our ability to obtain such financing while the debt security is outstanding;

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●using a substantial portion of our cash flow to pay principal and interest on our debt, which will reduce
the funds available for expenses, capital expenditures, acquisitions and other general corporate purposes;

●limitations on our flexibility in planning for and reacting to changes in our business and in the industry
in which we operate;

●increased vulnerability to adverse changes in general economic, industry and competitive conditions and
adverse changes in government regulation; and

●limitations on our ability to borrow additional amounts for expenses, capital expenditures, acquisitions,
debt service requirements, execution of our strategy and other purposes and other disadvantages compared to our competitors who have less
debt.

As indicated in the accompanying financial statements, at December
31, 2024, we had an unrestricted cash balance of $183,491 as well as investments held in the Trust Account of $260,033