Company: BEAG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044296
Chunk: 22

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 22
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countries, including the United States, have also provided and may continue to provide military aid or other assistance to Ukraine and
to Israel, increasing geopolitical tensions among a number of nations. The invasion of Ukraine by Russia and the escalation of the Israel-Hamas
conflict and the resulting measures that have been taken, and could be taken in the future, by NATO, the United States, the United Kingdom,
the European Union, Israel and its neighboring states and other countries have created global security concerns that could have a lasting
impact on regional and global economies. Although the length and impact of the ongoing conflicts are highly unpredictable, they could
lead to market disruptions, including significant volatility in commodity prices, credit and capital markets, as well as supply chain
interruptions and increased cyberattacks against U.S. companies. Additionally, any resulting sanctions could adversely affect the global
economy and financial markets and lead to instability and lack of liquidity in capital markets.

Any of the above mentioned factors, or any other
negative impact on the global economy, capital markets or other geopolitical conditions resulting from the Russian invasion of Ukraine,
the escalation of the Israel-Hamas conflict and subsequent sanctions or related actions, could adversely affect the Company’s search
for a Business Combination and any target business with which the Company may ultimately consummate a Business Combination.

Underwriting Agreement

As described above, the Company granted the underwriters
a 45-day option to purchase up to 3,750,000 Over-Allotment Option Units at the Initial Public Offering price, less underwriting discounts
and commissions. On December 9, 2024, the underwriters partially exercised their Over-Allotment Option to purchase an additional 800,000
Over-Allotment Option Units at a purchase price of $10.00 per Unit, generating additional gross proceeds of $8,000,000. The underwriters
forfeited their option to purchase an additional 2,950,000 Over-Allotment Option Units.

The underwriters are entitled to a deferred fee
of $0.35 per Unit, or $9,030,000 in the aggregate. The deferred fee will become payable to the underwriters from the amounts held in the
Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.

The underwriters were entitled to a cash underwriting
discount of $0.15 per Unit, or $3,870,000 in the aggregate, paid upon the closing