Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 1553

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 14
Chunk 1553
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 combination and, may at any time be held as cash or cash items, including in demand deposit accounts
at a bank, as determined by the Company, until the earlier of (i) the completion of a business combination and (ii) the distribution of
the funds in the Trust Account to the Company’s shareholders, as described below.

The Company’s management has broad discretion
with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of the Private Placement Shares,
although substantially all of the net proceeds are intended to be applied generally toward completing a business combination. The Company
must complete one or more business combinations with having an aggregate fair market value equal to at least 80% of the net assets held
in the Trust Account (excluding the deferred underwriting commissions and taxes payable on the income earned on the Trust Account) at
the time of the agreement to enter into a business combination. The Company will only complete a business combination if the post-business
combination company owns or acquires 50% or more of the issued and outstanding voting securities of the target or otherwise acquires a
controlling interest in the target business sufficient for it not to be required to register as an investment company under the Investment
Company Act of 1940, as amended (the “Investment Company Act”). There is no assurance that the Company will be able to successfully
effect a business combination.

F-7

The Company will provide its shareholders with
the opportunity to redeem all or a portion of their public shares in connection with the completion of a business combination either (i)
in connection with a general meeting called to approve the business combination or (ii) without a shareholder vote by means of a tender
offer. The decision as to whether the Company will seek shareholder approval of a business combination or conduct a tender offer will
be made by the Company. The shareholders will be entitled to redeem their shares for a pro rata portion of the amount held in the Trust
Account (initially $10.00 per share), calculated as of two business days prior to the completion of a business combination, including
interest earned on the funds held in the Trust Account (net of amounts released to the Company to fund its working capital requirements
(subject to an annual limit of $1,000,000) and taxes paid or payable). The Class A ordinary shares will be recorded at redemption value
and classified as temporary equity upon the completion of the Initial Public Offering, in accordance with Accounting Standards Codification
(“ASC”) Topic