Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 497

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 2
Chunk 497
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, which is
described below. The Company will not generate any operating revenues until after the completion of a business combination, at the earliest.
The Company will generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering.
The Company has selected December 31 as its fiscal year end. 

The registration statement for the Company’s
Initial Public Offering was declared effective on October 23, 2024. On October 25, 2024, the Company consummated its Initial Public Offering
of 25,000,000 units (the “Units”). Each Unit consists of one Class A ordinary share (the “Class A ordinary shares”
or “public shares”) and one right (“Eagle Share Right”), with each Eagle Share Right entitling the holder to receive
one twentieth (1/20) of one Class A ordinary share upon the consummation of a business combination. The Units were sold at a price of
$10.00 per Unit, generating gross proceeds to the Company of $250,000,000. The Company granted the underwriters a 45-day option to purchase
up to 3,750,000 additional Units to cover over-allotments at the Initial Public Offering price (the “Over-Allotment Option”).
On December 9, 2024, the Company closed the issuance and sale of 800,000 additional Units (the “Over-Allotment Option Units”)
in connection with the underwriters partially exercising their Over-Allotment Option. The Over-Allotment Option Units were sold at a price
of $10.00 per Unit, generating gross proceeds to the Company of $8,000,000.

Simultaneously with the closing of the Initial
Public Offering, the Company consummated the sale of 350,000 shares (the “Private Placement Shares”) at a price of $10.00
per Private Placement Share in a private placement to Eagle Equity Partners IV, LLC (the “Sponsor”), generating gross proceeds
of $3,500,000, which is described in Note 4. Simultaneously with the closing of the Over-Allotment Option, the Company completed the private
placement of an additional 8,000 Private Placement Shares to the Sponsor at a price of $10.00 per share, generating gross proceeds to
the Company of $80,000 (together with the private placement which occurred simultaneously to the Initial Public Offering, the