Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 94

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 94
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 and articles of association (A) to
modify the substance or timing of our obligation to allow redemption in connection with our initial business combination or to redeem
100% of our public shares if we do not complete our initial business combination within the completion window or (B) with respect
to any other material provisions relating to shareholders’ rights or pre-initial business combination activity, and (iii) the
redemption of our public shares if we are unable to complete an initial business combination within the completion window, subject to
applicable law and as further described herein. In no other circumstances will a public shareholder have any right or interest of any
kind in the Trust Account. There are no redemption rights with respect to the Eagle Share Rights. Accordingly, to liquidate your investment,
you may be forced to sell your public shares or Eagle Share Rights, potentially at a loss.

Nasdaq
may delist our securities from trading on its exchange, which could limit investors’ ability to make transactions in our securities
and subject us to additional trading restrictions.

Our
Units, Class A ordinary shares and Eagle Share Rights are listed on Nasdaq. We cannot assure you that our securities will continue to
be, listed on Nasdaq in the future or prior to our initial business combination. In order to continue listing our securities on Nasdaq
prior to our initial business combination, we must maintain certain financial, distribution and share price levels. Generally, we must
maintain a minimum market value of our listed securities of $50,000,000 and a minimum number of holders of our securities (300 public
holders). Additionally, in connection with our initial business combination, we will be required to demonstrate compliance with Nasdaq’s
initial listing requirements, which are more rigorous than Nasdaq’s continued listing requirements, in order to continue to maintain
the listing of our securities on Nasdaq. For instance, unless we decide to list on a different Nasdaq tier such as the Nasdaq Capital
Market which has different initial listing requirements, our share price would generally be required to be at least $4.00 per share,
the market value of our listed securities would be required to be at least $75,000,000, the market value of our unrestricted publicly
held shares would be required to be at least $20,000,000 and we would be required to have a minimum of 400 round lot holders of our securities,
with at least 50% of such round lot holders holding securities with a market value of at least $