Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 64

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 64
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 prior to,
concurrently with or immediately following the consummation of our initial business combination or earlier at the option of the holder,
initially at a one-for-one ratio but subject to adjustment as set forth herein and in our amended and restated memorandum and articles
of association, including in certain circumstances in which we issue Class A ordinary shares or equity-linked securities related
to our initial business combination. There are no preference shares issued and outstanding.

30

We
may issue a substantial number of additional Class A ordinary shares or preference shares to complete our initial business combination
or under an employee incentive plan after completion of our initial business combination. We may also issue Class A ordinary shares
upon conversion of the Class B ordinary shares at a ratio greater than one-to-one at the time of our initial business combination
as a result of the anti-dilution provisions as set forth therein. However, our amended and restated memorandum and articles of association
provide, among other things, that prior to our initial business combination, we may not issue additional shares that would entitle the
holders thereof to (i) receive funds from the Trust Account or (ii) vote on any initial business combination. These provisions
of our amended and restated memorandum and articles of association, like all provisions of our amended and restated memorandum and articles
of association, may be amended with a shareholder vote. The issuance of additional ordinary or preference shares:

●may
                                            significantly dilute the equity interest of our public shareholders, which dilution would
                                            increase if the anti-dilution provisions in the Class B ordinary shares resulted in
                                            the issuance of Class A ordinary shares on a greater than one-to-one basis upon conversion
                                            of the Class B ordinary shares;

●may
                                            subordinate the rights of holders of Class A ordinary shares if preference shares are
                                            issued with rights senior to those afforded our Class A ordinary shares;

●could
                                            cause a change in control if a substantial number of Class A ordinary shares are issued,
                                            which may affect, among other things, our ability to use our net operating loss carry forwards,
                                            if any, and could result in the resignation or removal of our present officers and directors;

●may
                                            have the effect of delaying or preventing a change of control of us by diluting the share
                                            ownership or voting rights of a person seeking to obtain control of us; and

●may
                                            adversely affect prevailing market prices for our Units, Class