Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 55

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 55
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 deemed to be an investment company under the Investment Company Act, our activities may be restricted, including:

●restrictions
                                            on the nature of our investments; and

●restrictions
                                            on the issuance of securities, each of which may make it difficult for us to complete our
                                            initial business combination. In addition, we may have imposed upon us burdensome requirements,
                                            including:

●registration
                                            as an investment company;

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●adoption
                                            of a specific form of corporate structure; and

●reporting,
                                            record keeping, voting, proxy and disclosure requirements and other rules and regulations.

In
order not to be regulated as an investment company under the Investment Company Act, unless we can qualify for an exclusion, we must
ensure that we are engaged primarily in a business other than investing, reinvesting or trading of securities and that our activities
do not include investing, reinvesting, owning, holding or trading “investment securities” constituting more than 40% of our
assets (exclusive of U.S. government securities and cash items) on an unconsolidated basis. Our business will be to identify and
complete a business combination and thereafter to operate the post-transaction business or assets for the long term. We do not intend
to spend a considerable amount of time actively managing the assets in the Trust Account for the primary purpose of achieving investment
returns. We do not plan to buy businesses or assets with a view to resale or profit from their resale. We do not plan to buy unrelated
businesses or assets or to be a passive investor.

We
do not believe that our anticipated principal activities will subject us to the Investment Company Act. To this end, the proceeds held
in the Trust Account will initially only be invested in U.S. “government securities” within the meaning of Section 2(a)(16) of
the Investment Company Act having a maturity of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7
promulgated under the Investment Company Act which invest only in direct U.S. government treasury obligations; the holding of these
assets in this form is intended to be temporary and for the sole purpose of facilitating the intended business combination and may at
any time be held as cash or cash items, including in demand deposit accounts at a bank. Pursuant to the trust agreement, the trustee
is not permitted to invest in other securities or assets. By restricting the investment of the proceeds to