Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 277

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 277
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 or otherwise) could result in our not having sufficient funds to continue searching for, or conducting due diligence with
respect to, prospective target businesses.

56

Moreover, we may need to obtain additional financing
to complete our initial business combination, either because the transaction requires more cash than is available from the proceeds held
in our Trust Account or because we become obligated to redeem a significant number of our public shares upon completion of the business
combination, in which case we may issue additional securities or incur debt in connection with such business combination. In addition,
we intend to target businesses with enterprise values that are greater than we could acquire with the net proceeds of the Initial Public
Offering and the sale of the Private Placement Shares, and, as a result, if the cash portion of the purchase price exceeds the amount
available from the Trust Account, net of amounts needed to satisfy any redemptions by public shareholders, we may be required to seek
additional financing to complete such proposed initial business combination. We may also obtain financing prior to the closing of our
initial business combination to fund our working capital needs and transaction costs in connection with our search for and completion
of our initial business combination. There is no limitation on our ability to raise funds through the issuance of equity or equity-linked
securities or through loans, advances or other indebtedness in connection with our initial business combination, including pursuant to
forward purchase agreements or backstop agreements we may enter into following consummation of the Initial Public Offering. Subject to
compliance with applicable securities laws, we would only complete such financing simultaneously with the completion of our initial business
combination. If we are unable to complete our initial business combination because we do not have sufficient funds available to us, we
will be forced to liquidate the Trust Account. In addition, following our initial business combination, if cash on hand is insufficient,
we may need to obtain additional financing in order to meet our obligations.

Controls and Procedures

We are not currently required to maintain an effective
system of internal controls as defined by Section 404 of the Sarbanes-Oxley Act. We will be required to comply with the internal control
requirements of the Sarbanes-Oxley Act for the fiscal year ending December 31, 2025. Only in the event that we are deemed to be a large
accelerated filer or an accelerated filer and no longer an emerging growth company would we be required to comply with the independent
registered public accounting firm attestation requirement. Further, for as