Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 114

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 114
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 adversely affect prevailing market prices for our Units, Class A ordinary shares and/or Eagle Share
Rights.

Similarly, if we issue debt securities or otherwise
incur significant debt to bank or other lenders or the owners of a target, it could result in:

●default and foreclosure on our assets if our operating revenues after an initial business combination
are insufficient to repay our debt obligations;

●acceleration of our obligations to repay the indebtedness even if we make all principal and interest payments
when due if we breach certain covenants that require the maintenance of certain financial ratios or reserves without a waiver or renegotiation
of that covenant;

●our immediate payment of all principal and accrued interest, if any, if the debt security is payable on
demand;

●our
                                            inability to obtain necessary additional financing if the debt security contains covenants
                                            restricting our ability to obtain such financing while the debt security is outstanding;

54

●using a substantial portion of our cash flow to pay principal and interest on our debt, which will reduce
the funds available for expenses, capital expenditures, acquisitions and other general corporate purposes;

●limitations on our flexibility in planning for and reacting to changes in our business and in the industry
in which we operate;

●increased vulnerability to adverse changes in general economic, industry and competitive conditions and
adverse changes in government regulation; and

●limitations on our ability to borrow additional amounts for expenses, capital expenditures, acquisitions,
debt service requirements, execution of our strategy and other purposes and other disadvantages compared to our competitors who have less
debt.

As indicated in the accompanying financial statements, at December
31, 2024, we had an unrestricted cash balance of $183,491 as well as investments held in the Trust Account of $260,033,862. Further, we
expect to incur significant costs in the pursuit of our initial business combination. We cannot assure you that our plans to raise capital
or to complete our initial business combination will be successful.

Results of Operations

We have neither engaged in any operations nor
generated any revenues to date. Our only activities since inception have been organizational activities and those necessary to prepare
for the Initial Public Offering. We will not generate any operating revenues until after completion of our initial business combination.
We have generated non-operating income in the form of interest income on cash and cash equivalents after the Initial Public Offering.
There has been no significant change in our financial or trading position and no material adverse change has occurred since the date of
our audited financial