Company: BEAG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044296
Chunk: 23

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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 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.

13

Note 7 - Shareholders’ 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 March 31,
2025 and December 31, 2024, there were no preference shares issued or outstanding.

Class A Ordinary Shares - The Company
is authorized to issue 400,000,000 Class A ordinary shares, with a par value of $0.0001 per share. Holders of Class A ordinary shares
are entitled to one vote for each share. At March 31, 2025 and December 31, 2024, there were 358,000 Class A ordinary shares issued and
outstanding, which are comprised of the Private Placement Shares, excluding 25,800,000 Class A ordinary shares subject to possible redemption,
which are comprised of the Public Shares and include the Public Shares included in the Over-Allotment Option Units.

Class B Ordinary Shares - The Company
is authorized to issue 80,000,000 Class B ordinary shares, with a par value of $