Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 433

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1B
Chunk 433
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At the Initial Public Offering, the fair value of Eagle Share
Rights was determined using a discounted cash flow analysis that incorporates the probability-weighted payoff of the share right, discounted
over the expected term to business combination. The Eagle Share Rights have been classified within shareholders’ deficit and will
not require remeasurement after issuance. The following table presents the quantitative information regarding market assumptions used
in the valuation of the Eagle Share Rights: 

    October 25, 2024 
  
    Traded price of unit 
    $10.00 
  
    Probability of initial business combination(1) 
     60%
  
    Expected term to initial business combination (years) 
     2.0 
  
    Risk-free rate(2)  
     4.1%

(1)Based on rounded average of market data per SPACInsider.com
and Eagle Equity Partners’ track record of 100% initial business combination completion.

(2)Interpolated rate based on the U.S. Constant Maturity
Treasury Yield curve.

F-17

Note 10—Operating Segments

ASC Topic 280, Segment
Reporting, establishes standards for companies to report, in their financial statements, information about operating segments, products,
services, geographic areas, and major customers. Operating segments are defined as components of an enterprise that engage in business
activities from which it may recognize revenues and incur expenses, and for which separate financial information is available that is
regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess
performance.

The Company’s CODM
has been identified as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics for the Company as
a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that
there is only one reportable segment.

The CODM assesses performance
for the single segment and decides how to allocate resources based on net income that also is reported on the statements of operations
as net income. The measure of segment assets is reported on the balance sheets as total assets. When evaluating the Company’s performance
and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income and total assets,
which include the following:

     December 31,  2024   December 31,  2023   Trust Account  $260,033,862   $              -