Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 27

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 27
---
 delivered its certificate in connection with an election of redemption
rights and subsequently decides prior to the applicable date not to elect to exercise such rights, such holder may simply request that
the transfer agent return the certificate (physically or electronically). It is anticipated that the funds to be distributed to holders
of our public shares electing to redeem their shares will be distributed promptly after the completion of our initial business combination.

If
our initial business combination is not approved or completed for any reason, then our public shareholders who elected to exercise their
redemption rights would not be entitled to redeem their shares for the applicable pro rata share of the Trust Account. In such case,
we will promptly return any certificates delivered by public holders who elected to redeem their shares.

If
our initial proposed business combination is not completed, we may continue to try to complete a business combination with a different
target until the expiration of the completion window.

Redemption
of Public Shares and Liquidation if No Initial Business Combination

Our
amended and restated memorandum and articles of association will provide that we will have only the duration of the completion window
to complete our initial business combination. If we are unable to complete our initial business combination within such period, we will
as promptly as reasonably possible but not more than ten business days thereafter, redeem the public shares, at a per-share price, payable
in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust
Account (net of amounts released to us to fund our working capital requirements (subject to an annual limit of $1,000,000), taxes paid
or payable and up to $100,000 of interest to pay dissolution expenses), divided by the number of then issued and outstanding public shares,
which redemption will constitute full and complete payment for the public shares and completely extinguish public shareholders’
rights as shareholders (including the right to receive further liquidation or other distributions, if any), subject to our obligations
under Cayman Islands law to provide for claims of creditors and subject to the other requirements of applicable law.

Our
Sponsor, officers and directors have entered into a letter agreement with us, pursuant to which they have waived their rights to liquidating
distributions from the Trust Account with respect to any Founder Shares and Private Placement Shares held by them if we fail to complete
our initial business combination within the completion window, although they will be entitled to liquidating distributions from assets
outside the Trust Account. However, if our