Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 772

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 5
Chunk 772
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 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.

Note 7—Trust  Account

A total of $258,000,000, which includes $250,000,000 of the net
proceeds from the Public Offering and $8,000,000 from the sale of the Over-Allotment Option Units and the additional Private Placement
Shares has been placed in the Trust Account. As of December 31, 2024, investment securities in the Company’s Trust Account
consisted of $260,033,862 in a money market fund that invests in U.S. government securities. As of December 31, 2023, there was no
Trust Account.

The following tables presents fair value information as of December 31,
2024 and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. Since
all of the Company’s permitted investments consist of money market funds, fair values of its investments are determined by Level 1
inputs utilizing quoted prices (unadjusted) in active markets for identical assets as follows:

    Quoted Prices
 in Active
 Markets 
  
    Money market fund as of December 31, 2024  
    $260,033,862 

Note
8—Shareholder’s Deficit

Preference Shares - The Company is authorized to issue 1,000,000 preference shares with
a par value of $0.0001. The Company’s board of directors will be authorized to fix the voting rights, if any, designations, powers,
preferences, the relative, participating, optional or other special rights and any qualifications, limitations and restrictions thereof,
applicable to the shares of each series. The board of directors will be able to, without shareholder approval, issue preference shares
with voting and other rights that could adversely affect the voting power and other rights of the holders of the ordinary shares and could
have anti-takeover effects. At December 31, 2024 and 2023, there were no preference shares issued or outstanding.

Class A Ordinary Shares - The Company
is authorized to issue 400,000,000 Class A