Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 341

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 341
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, could adversely affect the Company’s search
for a business combination and any target business with which the Company may ultimately consummate a business combination.

Underwriting Agreement

As described above, the Company granted the underwriters a 45-day option
to purchase up to 3,750,000 Over-Allotment Option Units at the Initial Public Offering price, less underwriting discounts and commissions.
On December 9, 2024, the underwriters partially exercised their Over-Allotment Option to purchase an additional 800,000 Over-Allotment
Option Units at a purchase price of $10.00 per Unit, generating additional gross proceeds of $8,000,000. The underwriters forfeited their
option to purchase an additional 2,950,000 Over-Allotment Option Units.

The underwriters are entitled to a deferred fee
of $0.35 per Unit, or $9,030,000 in the aggregate. The deferred fee will become payable to the underwriters from the amounts held in the
Trust Account solely in the event that the Company completes a business combination, subject to the terms of the underwriting agreement.

The underwriters were entitled to a cash underwriting
discount of $0.15 per Unit, or $3,870,000 in the aggregate, paid upon the closing of the Initial Public Offering and the Over-Allotment
Option. The underwriters agreed to reimburse the Company at the closing of the Initial Public Offering for all reasonable out-of-pocket
expenses and fees (including for the avoidance of doubt, a portion of the upfront underwriting commissions payable in connection with
the closing of the Initial Public Offering) incurred by the Company in connection with the Initial Public Offering in an amount not to
exceed 0.5% of the gross proceeds of the Initial Public Offering. On October 25, 2024, as part of the closing of the Initial Public Offering,
the Company received reimbursement from the underwriters of $1,290,000. On December 9, 2024, in connection with the closing of the Over-Allotment
Option, the Company received reimbursement from the underwriters of $40,000.

Note 7—Trust  Account

A total of $258,000,000, which includes $250,000,000 of the net
proceeds from the Public Offering and $8,000,000 from the sale of the Over-Allotment Option Units and the additional