Company: BEAG
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076723
Chunk: 27

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 any of such funds for their Eagle
Share Rights and the Eagle Share Rights will expire worthless. As of June 30, 2025 and December 31, 2024, there were 25,800,000 Eagle
Share Rights issued and outstanding.

Note 8 - Trust Account and Fair Value Measurements

A total of $258,000,000, which includes $250,000,000
of the net proceeds from the Initial Public Offering and $8,000,000 from the sale of the Over-Allotment Option Units and the additional
Private Placement Shares has been placed in the Trust Account. As of June 30, 2025 and December 31, 2024, investment securities in the
Company’s Trust Account consisted of $264,991,449 and $260,033,862, respectively, in a money market fund that invests in U.S. government
securities.

The following table presents fair value
information as of June 30, 2025 and December 31, 2024 and indicates the fair value hierarchy of the valuation techniques the Company
utilized to determine such fair value. Since all of the Company’s permitted investments consist of money market funds, fair
values of its investments are determined by Level 1 inputs utilizing quoted prices (unadjusted) in active markets for identical
assets as follows:

    Quoted Prices 
in Active
Markets

    Money market fund as of June 30, 2025
     
    $
    264,991,449

    Money market fund as of December 31, 2024
     
    $
    260,033,862

The fair value of the Company’s financial
assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale
of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the
measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of
observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions
about how market participants would price assets and liabilities). The following fair value hierarchy is used to classify assets and liabilities
based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:

Level 1: Quoted prices in
active markets for identical assets or liabilities. An active market for an asset or liability is a market