Company: BEAG
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076723
Chunk: 61

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 2
Chunk 61
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4, the Over-Allotment Option was exercised in part,
resulting in the issuance and sale of 800,000 Over-Allotment Option Units.

The underwriters are entitled to a deferred fee
of $0.35 per Unit, or $9,030,000 in the aggregate. The deferred fee will become payable to the underwriters from the amounts held in the
Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.

The underwriters received an underwriting discount
of $0.15 per Unit, or $3,870,000 in the aggregate, upon the closing of the Initial Public Offering and the Over-Allotment Option. The
underwriters agreed to reimburse the Company at the closing of the Initial Public Offering for all reasonable out-of-pocket expenses and
fees (including for the avoidance of doubt, a portion of the upfront underwriting commissions payable in connection with the closing of
the Initial Public Offering) incurred by the Company in connection with the Initial Public Offering in an amount not to exceed 0.5% of
the gross proceeds of the Initial Public Offering. On October 25, 2024, as part of the closing of the Initial Public Offering, the Company
received reimbursement from the underwriters of $1,290,000. On December 9, 2024, in connection with the closing of the Over-Allotment
Option, the Company received reimbursement from the underwriters of $40,000.

Registration Rights Agreement

Pursuant to a registration rights agreement entered
into on October 23, 2024, the holders of the Founder Shares, Private Placement Shares and shares that may be issued upon conversion of
the Working Capital Loans will be entitled to registration rights and the Company is required to register a sale of any of the securities
held by them, including any other securities of the Company acquired by them prior to the consummation of a Business Combination. The
holders of these securities are entitled to make up to three demands, excluding short form demands, that the Company register such securities.
In addition, the holders have certain “piggyback” registration rights with respect to registration statements filed subsequent
to the completion of a Business Combination. The Company will bear the expenses incurred in connection with the filing of any such registration
statements.

Critical Accounting Policies and Estimates

The preparation of financial statements and related
disclosures in conformity with GAAP requires management to make estimates and assumptions