Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 58

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 58
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 the Trust
Account and thereafter to hold all funds in the Trust Account in cash until the earlier of consummation of our initial business combination
or liquidation of the company. Following such liquidation, the rate of interest we receive on the funds held in the Trust Account may
be materially decreased. However, interest previously earned on the funds held in the Trust Account still may be released to us for permitted
withdrawals and certain other expenses as permitted. As a result, any decision to liquidate the securities held in the Trust Account
and thereafter to hold all funds in the Trust Account in cash would reduce the dollar amount our public shareholders would receive upon
any redemption or liquidation of the company.

Changes
in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability
to negotiate and complete our initial business combination, and results of operations.

We
are subject to laws and regulations enacted by national, regional and local governments. In particular, we will be required to comply
with certain SEC and other legal requirements. Compliance with, and monitoring of, applicable laws and regulations may be difficult,
time consuming and costly. Those laws and regulations and their interpretation and application may also change from time to time and
those changes could have a material adverse effect on our business, investments and results of operations. In addition, a failure to
comply with applicable laws or regulations, as interpreted and applied, could have a material adverse effect on our business, including
our ability to negotiate and complete our initial business combination, and results of operations.

On
January 24, 2024, the SEC issued final rules (the “2024 SPAC Rules”), effective as of July 1, 2024, that formally
adopted some of the SEC’s proposed rules for SPACs that were released on March 30, 2022. The 2024 SPAC Rules, among other
items, impose additional disclosure requirements in initial public offerings by SPACs and business combination transactions involving
SPACs and private operating companies; amend the financial statement requirements applicable to business combination transactions involving
such companies; update and expand guidance regarding the general use of projections in SEC filings, as well as when projections are disclosed
in connection with proposed business combination transactions; increase the potential liability of certain participants in proposed business
combination transactions; and could impact the extent to which SPACs could become subject to regulation under the Investment Company
Act of 1940. The