Company: BEAG
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076723
Chunk: 37

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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 for and completion
of our initial Business Combination. There is no limitation on our ability to raise funds through the issuance of equity or equity-linked
securities or through loans, advances or other indebtedness in connection with our initial Business Combination, including pursuant to
forward purchase agreements or backstop agreements we may enter into following consummation of the Initial Public Offering. Subject to
compliance with applicable securities laws, we would only complete such financing simultaneously with the completion of our initial Business
Combination. If we are unable to complete our initial Business Combination because we do not have sufficient funds available to us, we
will be forced to liquidate the Trust Account. In addition, following our initial Business Combination, if cash on hand is insufficient,
we may need to obtain additional financing in order to meet our obligations.

Commitments and Contractual Obligations; Quarterly
Results

We do not have any long-term debt, capital lease
obligations, operating lease obligations or long-term liabilities. No unaudited quarterly operating data is included in this Quarterly
Report as we have not conducted any operations to date.

Administrative Services and Indemnification
Agreement

On October 23, 2024, the Company entered into
an Administrative Services and Indemnification Agreement. We agreed to pay an affiliate of the Sponsor $15,000 per month for office space
and administrative services and to provide indemnification to the Sponsor from any claims arising out of or relating to the Initial Public
Offering or the Company’s operations or conduct of the Company’s business or any claim against the Sponsor alleging any expressed
or implied management or endorsement by the Sponsor of any of the Company’s activities or any express or implied association between
the Sponsor and the Company or any of its affiliates, which agreement provides that the indemnified parties cannot access the funds held
in the Trust Account. For the three months and six months ended June 30, 2025, the Company incurred $45,000 and $90,000, respectively,
respectively for services under this agreement, which were included in the general and administrative expenses on the accompanying statements
of operations. There were no administrative service fees for the three and six month ended June 30, 2024. As of June 30, 2025 and December
31, 2024, $15,000 and $30,000, is included in accounts payable and accrued expenses in the accompanying balance sheets.

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Underwriting Agreement

On October 23,