Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 102

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 102
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 located). We do not intend to make any cash distributions to shareholders to pay taxes in
connection with our business combination or thereafter. Accordingly, a shareholder may need to satisfy any liability resulting from our
initial business combination with cash from its own funds or by selling all or a portion of the shares received. In addition, shareholders
may also be subject to additional income, withholding or other taxes with respect to their ownership of us after our initial business
combination.

48

In
addition, we may effect a business combination with a target company that has business operations outside of the United States,
and possibly, business operations in multiple jurisdictions. If we effect such a business combination, we could be subject to significant
income, withholding and other tax obligations in a number of jurisdictions with respect to income, operations and subsidiaries related
to those jurisdictions. Due to the complexity of tax obligations and filings in other jurisdictions, we may have a heightened risk related
to audits or examinations by United States federal, state, local and non-United States taxing authorities. This additional
complexity and risk could have an adverse effect on our after-tax profitability and financial condition.

The
grant of registration rights to our initial shareholders and holders of our Private Placement Shares may make it more difficult to complete
our initial business combination, and the future exercise of such rights may adversely affect the market price of our Class A ordinary
shares.

Pursuant
to an agreement to be entered into concurrently with the issuance and sale of the securities in the Initial Public Offering, our initial
shareholders, the holders of our Private Placement Shares, and the holders of shares that may be issued upon conversion of working capital
loans and their permitted transferees can demand that we register the Class A ordinary shares into which Founder Shares are convertible,
and any other securities of the company acquired by them prior to the consummation of our initial business combination. We will bear
the cost of registering these securities. The registration and availability of such a significant number of securities for trading in
the public market may have an adverse effect on the market price of our Class A ordinary shares. In addition, the existence of the
registration rights may make our initial business combination more costly or difficult to conclude. This is because the shareholders
of the target business may increase the equity stake they seek in the combined entity or ask for more cash consideration to offset the
negative impact on the market price of our Class A ordinary shares that is expected when the ordinary shares owned by our