Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 224

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 224
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;

●may
                                            subordinate the rights of holders of Class A ordinary shares if preference shares are
                                            issued with rights senior to those afforded our Class A ordinary shares;

●could
                                            cause a change in control if a substantial number of Class A ordinary shares are issued,
                                            which may affect, among other things, our ability to use our net operating loss carry forwards,
                                            if any, and could result in the resignation or removal of our present officers and directors;

●may
                                            have the effect of delaying or preventing a change of control of us by diluting the share
                                            ownership or voting rights of a person seeking to obtain control of us; and

●may
                                            adversely affect prevailing market prices for our Units, Class A ordinary shares and/or
                                            Eagle Share Rights.

Such
potential dilutive issuances of securities are likely to increase as the pro forma equity value of a prospective combined company increases,
and we intend to target a combined company that has a pro forma equity value of $3 billion or greater.

Because
each Unit contains one right to receive one twentieth (1/20) of one Class A ordinary share upon the consummation of our initial business
combination, and only whole shares will be issued in exchange for Eagle Share Rights, the Units may be worth less than Units of other
special purpose acquisition companies.

Except
in cases where we are not the surviving company in a business combination, each holder of an Eagle Share Right will automatically receive
one twentieth (1/20) of one Class A ordinary share upon consummation of our initial business combination. In the event we will not be
the surviving company upon completion of our initial business combination, each holder of an Eagle Share Right will be required to affirmatively
convert its Eagle Share Rights in order to receive the one twentieth (1/20) of one Class A ordinary share underlying each Eagle Share
Right upon consummation of the business combination. We will not issue fractional shares in connection with an exchange of Eagle Share
Rights.

As
a result, you must hold Eagle Share Rights in multiples of 20 in order to receive Class A ordinary shares for all of your Eagle Share
Rights upon closing of a business combination. If we are unable to complete an initial business combination within the required time
period and we redeem the public shares for the funds held in the Trust Account, holders of Eagle Share Rights will not receive any of
such funds for their Eagle Share Rights and the Eagle Share Rights will expire worthless.

The