Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 76

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 76
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 or expansion of operations of the post-transaction businesses, the payment of principal or interest due on indebtedness incurred
in completing our initial business combination, or to fund the purchase of other companies. If we are unable to complete our initial
business combination, our public shareholders may only receive their pro rata portion of the funds in the Trust Account that are available
for distribution to public shareholders. In addition, even if we do not need additional financing to complete our initial business combination,
we may require such financing to fund the operations or growth of the target business. The failure to secure additional financing could
have a material adverse effect on the continued development or growth of the target business. None of our officers, directors or shareholders
is required to provide any financing to us in connection with or after our initial business combination.

Our
initial shareholders control a substantial interest in us and thus may exert a substantial influence on actions requiring a shareholder
vote, potentially in a manner that you do not support.

Our
initial shareholders own an aggregate of 5,518,000 ordinary shares, or 17.62% of our issued and outstanding ordinary shares. Accordingly,
they may exert a substantial influence on actions requiring a shareholder vote, potentially in a manner that you do not support, including
amendments to our amended and restated memorandum and articles of association. In addition, prior to the closing of our initial business
combination, only holders of our Founder Shares will have the right to vote to continue the Company in a jurisdiction outside the Cayman
Islands (including any special resolution required to amend the constitutional documents of the Company or to adopt new constitutional
documents of the Company, in each case, as a result of the Company approving a transfer by way of continuation in a jurisdiction outside
the Cayman Islands). This provision of our amended and restated memorandum and articles of association may only be amended by a special
resolution passed by not less than 90% of our ordinary shares which are represented in person or by proxy and are voted at our general
meeting. As a result, you will not have any influence over our continuation in a jurisdiction outside the Cayman Islands prior to our
initial business combination.

If
our initial shareholders purchase any additional Class A ordinary shares in the aftermarket or in privately negotiated transactions,
this would increase their control. Neither our initial shareholders nor, to our knowledge, any of our officers or directors, have any
current intention to purchase additional securities, other than as disclosed in this Form 10-K. Factors that