Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 540

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 3
Chunk 540
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 to repay the Working
Capital Loans. There have been no borrowings under this arrangement to date. Such Working Capital Loans may be convertible into Private
Placement Shares of the post-business combination entity at a price of $10.00 per share at the option of the lender. Except for the foregoing,
the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such Working
Capital Loans.

Commitments and Contractual Obligations

As of December 31, 2024, we did not have any long-term
debt, capital lease obligations, operating lease obligations or long-term liabilities. No unaudited quarterly operating data is included
in this Form 10-K as we have not conducted any operations to date.

Administrative Services and Indemnification
Agreement

On October 23, 2024, the Company entered into
an Administrative Services and Indemnification Agreement. We agreed to pay an affiliate of the Sponsor $15,000 per month for office space
and administrative services and to provide indemnification to the Sponsor from any claims arising out of or relating to the Initial Public
Offering or the Company’s operations or conduct of the Company’s business or any claim against the Sponsor alleging any expressed
or implied management or endorsement by the Sponsor of any of the Company’s activities or any express or implied association between
the Sponsor and the Company or any of its affiliates, which agreement provides that the indemnified parties cannot access the funds held
in the Trust Account. As of December 31, 2024, the Company incurred $30,000 in amounts due under the Administrative Services and
Indemnification Agreement.

Underwriting Agreement

On October 23, 2024, the Company entered into
an underwriting agreement.

The Company granted the underwriters a 45-day
option to purchase up to 3,750,000 Over-Allotment Option Units. On December 9, 2024, the Over-Allotment Option was exercised in part,
resulting in the issuance and sale of 800,000 Over-Allotment Option Units.

The underwriters are entitled to a deferred fee
of $0.35 per Unit, or $9,030,000 in the aggregate. The deferred fee will become payable to the underwriters from the amounts held in the
Trust Account solely in the event that the Company completes a business combination, subject to the terms of the underwriting agreement.

The underwriters