Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 1607

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 15
Chunk 1607
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 ordinary share and one Eagle Share Right.

Note
4—Private Placement

Simultaneously with the closing of the Initial
Public Offering on October 25, 2024, the Sponsor purchased 350,000 Private Placement Shares at a price of $10.00 per Private Placement
Share, for an aggregate purchase price of $3,500,000, from the Company. In connection with the closing of the Over-Allotment Option, the
Sponsor purchased an additional 8,000 Private Placement Shares at a price of $10.00 per Private Placement Share, for an aggregate purchase
price of $80,000, from the Company. The proceeds from the sale of the Private Placement Shares were added to the net proceeds from the
Initial Public Offering held in the Trust Account. If the Company does not complete a business combination within the completion window,
the proceeds from the sale of the Private Placement Shares held in the Trust Account will be used to fund the redemption of the public
shares (subject to the requirements of applicable law).

Note
5—Related Party Transactions

Founder Shares 

On March 23, 2021, the Sponsor paid an aggregate of $25,000 to cover
certain offering and formation costs of the Company in consideration for 57,500,000 of the Company’s Class B ordinary shares (the
“Class B ordinary shares” or “Founder Shares”). On June 25, 2024, the Sponsor surrendered for no consideration
50,312,500 Founder Shares, resulting in the Sponsor holding an aggregate of 7,187,500 Founder Shares. The Founder Shares include an aggregate
of up to 937,500 shares subject to forfeiture by the Sponsor to the extent that the Over-Allotment Option was not exercised in full or
in part, so that the number of Founder Shares will collectively represent 16.67% of the Company’s issued and outstanding shares
upon the completion of the Initial Public Offering (excluding the Private Placement Shares and after taking into account the Sponsor’s
forfeiture of Founder Shares in respect of the Eagle Share Rights). On December 9, 2024, in connection with the partial exercise of the
Over-Allotment Option, the Sponsor forfeited 2,027,500 Founder Shares, resulting in the Sponsor holding an aggregate of 5,160,000 Founder
Shares.

The Sponsor and the Company’s executive
officers and directors have agreed, subject to limited exceptions, not to transfer, assign or sell