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

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 28
---
 Sponsor or management team acquire public shares, they will be entitled to liquidating distributions
from the Trust Account with respect to such public shares if we fail to complete our initial business combination within the completion
window.

Our
Sponsor, officers and directors have agreed, pursuant to a written agreement with us, that they will not propose any amendment to our
amended and restated memorandum and articles of association (A) to modify the substance or timing of our obligation to allow redemption
in connection with our initial business combination or to redeem 100% of our public shares if we do not complete our initial business
combination within the completion window or (B) with respect to any other material provisions relating to shareholders’ rights
or pre-initial business combination activity, unless we provide our public shareholders with the opportunity to redeem their public shares
upon approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust
Account, including interest earned on the funds held in the Trust Account (net of amounts released to us to fund our working capital
requirements (subject to an annual limit of $1,000,000) and taxes paid or payable), divided by the number of then issued and outstanding
public shares.

We
expect that all costs and expenses associated with implementing our plan of dissolution, as well as payments to any creditors, will be
funded from amounts remaining out of the approximately $250,000 of proceeds held outside the Trust Account and the amounts eligible to
be released to us from interest earned on the funds held in the Trust Account to fund our working capital requirements, subject to an
annual limit of $1,000,000, and to fund our taxes payable (“permitted withdrawals”), although we cannot assure you that there
will be sufficient funds for such purpose. However, if those funds are not sufficient to cover the costs and expenses associated with
implementing our plan of dissolution, to the extent that there is any interest accrued in the Trust Account not required to pay income
taxes on interest income earned on the Trust Account balance, we may request the trustee to release to us an additional amount of up
to $100,000 of such accrued interest to pay those costs and expenses.

14

If
we were to expend all of the net proceeds of the Initial Public Offering and the sale of the Private Placement Shares, other than the
proceeds deposited in the Trust Account, and without taking into account interest, if any, earned on the Trust Account