Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 762

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 5
Chunk 762
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 date of the financial statements, which management considered in formulating its estimate, could change in the near
term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.

Cash

The Company considers all short-term investments with an original maturity
of three months or less when purchased to be cash equivalents. The Company had $183,491 in cash and $0 in cash as of December 31, 2024
and 2023, respectively. The Company did not have any cash equivalents as of December 31, 2024 and 2023.

Investments Held in Trust Account

The Company’s portfolio of investments
is comprised of cash and U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act,
with a maturity of 185 days or less, or investments in money market funds that invest in U.S. government securities and generally have
a readily determinable fair value, or a combination thereof. When the Company’s investments held in the Trust Account are comprised
of U.S. government securities, the investments are classified as trading securities which are presented at fair value. Gains and losses
resulting from the change in fair value of these securities are included in income from investments held in the Trust Account in the
accompanying statements of operations. The estimated fair values of investments held in the Trust Account are determined using available
market information. 

As of December 31, 2024, the Company held $260,033,862
in the Trust Account, all of which was held in a money market fund. There was no Trust Account as of December 31, 2023.

Concentration of Credit Risk 

Financial instruments that potentially subject
the Company to concentrations of credit risk consist of a cash account in a financial institution, which, at times may exceed the Federal
Deposit Insurance Corporation coverage limit of $250,000. Any loss incurred or a lack of access to such funds could have a significant
adverse impact on the Company’s financial condition, results of operations, and cash flows.

Fair Value of Financial Instruments

The fair value of the Company’s assets and
liabilities, which qualify as financial instruments under ASC Topic 820, “Fair Value Measurements and Disclosures,” approximates
the carrying amounts represented in the accompanying balance sheets, primarily due to their short-term nature.

 Derivative Financial Instruments

The Company evaluates its equity-linked financial
instruments to determine if such instruments