Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 1

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 1
---
 the anti-dilution adjustment which is in our amended and restated memorandum and articles of association (as may be amended or restated,
the “amended and restated memorandum and articles of association”), it may be amended at any time without shareholder approval.
Our management team has extensive experience in identifying and executing strategic investments globally and has done so successfully
in a number of sectors. We believe our management team is well positioned to create value for our shareholders, and that our contacts
and sources, ranging from owners of private and public companies, private equity funds, investment bankers, attorneys, accountants and
business brokers in these sectors will allow us to generate attractive acquisition opportunities. Our amended and restated memorandum
and articles of association prohibit us from effectuating a business combination solely with another blank check company or similar company
with nominal operations.

On
October 25, 2024, we consummated our initial public offering (the “Initial Public Offering”) of 25,000,000 units (the “Units”).
Each Unit consists of one of the Company’s Class A ordinary shares, par value $0.0001 per share (the “Class A ordinary shares”
or “public shares”), and one right (the “Eagle Share Rights”), 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 of $250,000,000. We 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”).

Simultaneously
with the consummation of the Initial Public Offering, we completed the private sale (the “private placement”) of an aggregate
of 350,000 Class A ordinary shares (the “Private Placement Shares”) to the Sponsor at a purchase price of $10.00 per Private
Placement Share, generating gross proceeds of $3,500,000.

1

Prior to the consummation of the Initial Public Offering, on March
23, 2021, the Sponsor paid an aggregate of $25,000 to cover certain offering and formation costs of the Company in consideration for 57,500,000
of Founder Shares. On June 25, 2024, the Sponsor surrendered for no consideration 50