Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 74

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 74
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 nature of the securities offered through the
Initial Public Offering registration statement, we would register, or seek an exemption from registration for, the affected securities.
We cannot assure you that we will not seek to amend our charter or governing instruments or extend the time to consummate an initial
business combination in order to effectuate our initial business combination.

The
provisions of our amended and restated memorandum and articles of association that relate to our pre-business combination activity (and
corresponding provisions of the agreement governing the release of funds from our Trust Account) may be amended with the approval of
holders of not less than two-thirds of our ordinary shares which are represented in person or by proxy and are voted at a general meeting
of the company, which is a lower amendment threshold than that of some other special purpose acquisition companies. It may be easier
for us, therefore, to amend our amended and restated memorandum and articles of association to facilitate the completion of an initial
business combination that some of our shareholders may not support.

Our
amended and restated memorandum and articles of association provide that any of its provisions related to pre-business combination activity
(including the requirement to deposit proceeds of the Initial Public Offering and the private placement of shares into the Trust Account
and not release such amounts except in specified circumstances, and to provide redemption rights to public shareholders as described
herein) and corresponding provisions of the trust agreement governing the release of funds from our Trust Account may be amended if approved
by special resolution, under Cayman Islands law which requires the affirmative vote of at least two-thirds of our ordinary shares which
are represented in person or by proxy and are voted at a general meeting of the company. Our Sponsor, who owns an aggregate of 5,518,000
ordinary shares, or 17.62% of our issued and outstanding ordinary shares, will participate in any vote to amend our amended and restated
memorandum and articles of association and/or trust agreement and will have the discretion to vote in any manner they choose.  As a
result, we may be able to amend the provisions of our amended and restated memorandum and articles of association which govern our pre-business
combination behavior more easily than some other special purpose acquisition companies, and this may increase our ability to complete
a business combination with which you do not agree. Our shareholders may pursue remedies against us for any breach of our amended and
restated memorandum and articles of association.

35

Our
Sponsor, officers and directors have agreed, pursuant