Company: BEAG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044296
Chunk: 30

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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 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;

●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 March 31, 2025, we had an unrestricted cash balance of $15,354 as well as investments held in the Trust Account of $262,756,845. 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 investments held in the Trust Account 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 statements. We expect to incur increased expenses as a result of being a public company (for legal, financial reporting,
accounting and auditing compliance), as well as for due diligence expenses.

For the three months ended March 31, 2025, we
had a net income of $2,454,858, a loss from operations of $268,126, comprised of general and administrative expenses, and
non-operating income of $2,722,984, comprised of interest earned on the Trust Account.

For the three months ended March 31, 2024,