Company: BEAG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044296
Chunk: 11

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 11
---
 and officer liability insurance premiums, paying legal and other
service providers, identifying and evaluating prospective Business Combination candidates, performing due diligence on prospective
target businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring,
negotiating and consummating the Business Combination. Further, the Company is permitted to withdraw interest earned on the funds
held in the Trust Account to fund working capital requirements, subject to an annual limitation of $1,000,000, and to fund taxes
payable. As of March 31, 2025, the Company had $1,000,000 in remaining
interest earned on funds held in the Trust Account available to be withdrawn for working capital requirements in its first year
following the Initial Public Offering as the Company had not withdrawn any such amounts as of such date. On April 8, 2025, the
Company withdrew $500,000 of interest earned on funds held in the Trust Account for working capital requirements. 

7

Note 2 - Summary of Significant Accounting
Policies

Basis of Presentation

The accompanying unaudited condensed financial statements have been prepared in accordance with accounting principles generally accepted
in the United States of America (“GAAP”) for interim financial information and in accordance with the instructions to Form
10-Q and Article 8 of Regulation S-X. Certain information or footnote disclosures normally included in condensed financial statements
prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial
reporting.

Accordingly, they do not include all the information and footnotes necessary for a complete presentation of financial position, results
of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments,
consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and
cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the
Company’s Annual Report on Form 10-K as filed with the SEC on March 28, 2025. The interim results for the three months ended March
31, 2025 are not necessarily indicative of the results to be expected for the year ending December 31, 2025 or for any future periods.

Emerging Growth
Company

The Company is an “emerging growth company,”
as defined in Section 2(a) of the Securities Act, as modified by the Jump