Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 444

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 2
Chunk 444
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 and uncertainties.

Overview

We are a blank check company incorporated on February
22, 2021 as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase,
reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target
and we have not, nor has anyone on our behalf, engaged in any substantive discussions directly or indirectly, with any business combination
target with respect to an initial business combination with us.

We intend to effectuate our initial business combination
using cash from the proceeds of the Initial Public Offering and the private placement of the Private Placement Shares, the proceeds of
the sale of our shares in connection with our initial business combination (pursuant to forward purchase agreements or backstop agreements
we may enter into following the consummation of the Initial Public Offering or otherwise), shares issued to the owners of the target,
debt issued to bank or other lenders or the owners of the target, other securities issuances, or a combination of the foregoing.

The issuance of additional shares in connection
with a business combination to the owners of the target or other investors:

●may significantly dilute the equity interest of our public shareholders, which dilution would increase
if the anti-dilution provisions in the Founder Shares resulted in 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