Company: BEAG
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110067
Chunk: 62

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 2
Chunk 62
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 with our initial Business Combination, including pursuant to
forward purchase agreements or backstop agreements we may enter into following consummation of the Initial Public Offering. Subject to
compliance with applicable securities laws, we would only complete such financing simultaneously with the completion of our initial Business
Combination. If we are unable to complete our initial Business Combination because we do not have sufficient funds available to us, we
will be forced to liquidate the Trust Account. In addition, following our initial Business Combination, if cash on hand is insufficient,
we may need to obtain additional financing in order to meet our obligations.

Going Concern

The Company is a special purpose acquisition company and must complete
its initial Business Combination by October 25, 2026. Although the Company plans to complete its initial Business Combination before
such date, there can be no assurance that the Company will be able to do so by such date. In connection with the Company’s assessment
of going concern considerations in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Update
(“ASU”) 2014-15, “Disclosures of Uncertainties about an Entity’s Ability to Continue as a Going Concern,” management
has determined that because such mandatory liquidation date is less than 12 months away, there is substantial doubt that the Company
will operate as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be
required to liquidate after October 25, 2026. Management plans to consummate a Business Combination prior to October 25, 2026; however,
there can be no assurance that one will be completed.

Commitments and Contractual Obligations; Quarterly
Results

We do not have any long-term debt, capital lease
obligations, operating lease obligations or long-term liabilities. No unaudited quarterly operating data is included in this Quarterly
Report as we have not conducted any operations to date.

Administrative Services and Indemnification
Agreement

On October 23, 2024, the Company entered into
an Administrative Services and Indemnification Agreement. We agreed to pay an affiliate of the Sponsor $15,000 per month for office space
and administrative services and to provide indemnification to the Sponsor from any claims arising out of or relating to the Initial Public
Offering or the Company’s operations or conduct of the Company’s business or any claim against the Sponsor alleging any expressed
or implied management or endorsement by the Sponsor of any of