Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 123

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 123
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 connection
with a business combination, the Sponsor or an affiliate of the Sponsor, or certain of the Company’s officers and directors may,
but are not obligated to, loan the Company funds as may be required (“Working Capital Loans”). Such Working Capital Loans
would be evidenced by promissory notes. If the Company completes a business combination, the Company would repay the Working Capital Loans
out of the proceeds of the Trust Account released to the Company. Otherwise, the Working Capital Loans would be repaid only out of funds
held outside the Trust Account. In the event that a business combination does not close, the Company may use a portion of proceeds held
outside the Trust Account to repay the Working Capital Loans but no proceeds held in the Trust Account would be used to repay the Working
Capital Loans. There have been no borrowings under this arrangement to date. Such Working Capital Loans may be convertible into Private
Placement Shares of the post-business combination entity at a price of $10.00 per share at the option of the lender. Except for the foregoing,
the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such Working
Capital Loans.

Commitments and Contractual Obligations

As of December 31, 2024, we did 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 Form 10-K 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. As of December 31, 2024, the Company incurred $30,000 in amounts due under the Administrative Services and
Indemnification Agreement.

Underwriting Agreement

On October 23, 2024, the