Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 534

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 3
Chunk 534
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 initial business
combination, we will have available to us the approximately $250,000 of proceeds held outside the Trust Account plus permitted withdrawals.
We will use these funds to primarily identify and evaluate target businesses, perform business due diligence on prospective target businesses,
travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review
corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a business combination.

We do not believe we will need to raise additional
funds in order to meet the expenditures required for operating our business prior to our initial business combination. However, if our
estimates of the costs of identifying a target business, undertaking in-depth due diligence and negotiating an initial business combination
are less than the actual amount necessary to do so, we may have insufficient funds available to operate our business prior to our initial
business combination. In order to fund working capital deficiencies or finance transaction costs in connection with an intended initial
business combination, the Sponsor or an affiliate of the Sponsor or certain of our officers and directors may, but are not obligated to,
loan us funds as may be required. If we complete our initial business combination, we would repay such loaned amounts. In the event that
our initial business combination does not close, we may use a portion of the working capital held outside the Trust Account to repay such
loaned amounts but no proceeds from our Trust Account would be used for such repayment. Such 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. The terms of such loans, if
any, have not been determined and no written agreements exist with respect to such loans. Prior to the completion of our initial business
combination, we do not expect to seek loans from parties other than the Sponsor or an affiliate of the Sponsor as we do not believe third
parties will be willing to loan such funds and provide a waiver against any and all rights to seek access to funds in our Trust Account.

We expect our primary liquidity requirements during
that period to include approximately $1,509,000 for legal, accounting, due diligence, travel and other expenses associated with structuring,
negotiating and documenting successful business combinations, and approximately $81,000 for Nasdaq and approximately $300,000 for director
and officer liability insurance premiums. We will also pay an affiliate of the Sponsor for office space and administrative services provided
to members of our management