Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 645

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 4
Chunk 645
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 or form other special purpose acquisition companies similar to ours or may pursue other business or investment ventures
during the period in which we are seeking an initial business combination. Any such companies, businesses or investments may present additional
conflicts of interest in pursuing an initial business combination. However, because the other entities to which our officers and directors
currently owe fiduciary duties or contractual obligations are not themselves in the business of engaging in business combinations, and
because we expect that our company will generally have priority over any other special purpose acquisition companies subsequently formed
by our Sponsor, officers or directors with respect to acquisition opportunities until we complete our initial business combination or
enter into a contractual agreement that would restrict our ability to engage in material discussions regarding a potential initial business
combination, we do not believe that any such potential conflicts would materially affect our ability to complete our initial business
combination.

There may be actual or potential material conflicts
of interest between our Sponsor, its affiliates or promoters on the one hand, and our public investors on the other hand. In addition
to the above, potential investors should be aware of the following potential conflicts of interest:

●Our officers and directors are not required to, and will not, commit their full time to our affairs, which
may result in a conflict of interest in allocating their time between our operations and our search for a business combination and their
other businesses. We do not intend to have any full-time employees prior to the completion of our initial business combination. Each of
our officers is engaged in several other business endeavors for which he may be entitled to substantial compensation, and our officers
are not obligated to contribute any specific number of hours per week to our affairs.

●Our initial shareholders purchased Founder Shares prior to the Initial Public Offering and our Sponsor
purchased Private Placement Shares in transactions that closed simultaneously with the closing of the Initial Public Offering and the
closing of the Over-Allotment Option. Our Sponsor, officers and directors have entered into a letter agreement with us, pursuant to which
they have agreed to waive their redemption rights with respect to their Founder Shares, Private Placement Shares and any public shares
they may acquire in connection with the completion of our initial business combination. Additionally, our Sponsor, officers and directors
have agreed to waive their rights to liquidating distributions from the Trust Account with respect to their Founder Shares and Private
Placement Shares if we fail to complete our initial business combination within the prescribed time frame, although they will be entitled
to liquidating distributions from assets outside the Trust Account.