Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 3

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 3
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 the Sponsor holding an aggregate of 5,160,000 Founder Shares.

A
total of $258,000,000, comprised of $250,000,000 of the proceeds from the Initial Public Offering and $8,000,000 of the proceeds of the
sale of the Over-Allotment Option Units and the additional Private Placement Shares, was placed in a U.S.-based trust account (the “Trust
Account”) at J.P. Morgan Chase Bank, N.A., maintained by Continental Stock Transfer & Trust Company, acting as trustee.

The
funds held in the Trust Account will initially be invested only in U.S. government treasury obligations with a maturity of 185 days
or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended
(the “Investment Company Act”), which invest only in direct U.S. government treasury obligations; the holding of these
assets in this form is intended to be temporary and for the sole purpose of facilitating the intended business combination and may at
any time be held as cash or cash items, including in demand deposit accounts at a bank. We will disclose in each quarterly and annual
report filed with the U.S. Securities and Exchange Commission (“SEC”) prior to our initial business combination whether the
proceeds deposited in the Trust Account are invested in U.S. government treasury obligations or money market funds or a combination
thereof or as cash or cash items, including in demand deposit accounts.

Our
amended and restated memorandum and articles of association provide that we have only 24 months from the closing of the Initial Public
Offering to complete an initial business combination, or by October 25, 2026, (the “completion window”).

The
Company is a Cayman Islands exempted company and is presently not subject to income taxes or income tax filing requirements in the Cayman
Islands or the United States.

We
intend to effectuate our initial business combination using cash from the proceeds of the Initial Public Offering, the sale of the Private
Placement Shares, our equity, debt or a combination of these as the consideration to be paid in our initial business combination, and
including pursuant to forward purchase agreements or backstop agreements we may enter into. We may also issue shares in private placement
transactions (so-called PIPE transactions) in connection with our initial business combination, for instance in order to provide sufficient
liquidity and capital to