Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 78

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 78
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8 and implementing regulations that became effective on February 13, 2020
further includes investments that do not result in control of a U.S. business by a foreign person but afford certain foreign investors
certain information or governance rights in a U.S. business that has a nexus to “critical technologies,” “critical
infrastructure” and/or “sensitive personal data.”

Our
Sponsor owns an aggregate of 5,518,000 ordinary shares, or 17.62% of our issued and outstanding ordinary shares. Our Sponsor is exclusively
“controlled” for CFIUS purposes by Eli Baker, Harry E. Sloan and Jeff Sagansky, who are US citizens, and thus we do
not believe that our Sponsor is a “foreign person” as defined in the CFIUS regulations. However, it is possible that non-U.S. persons
could be involved in our initial business combination (e.g., as existing shareholders of a target company or as PIPE investors), which
may increase the risk that our initial business combination becomes subject to regulatory review, including review by CFIUS. As
such, an initial business combination with a U.S. business or foreign business with U.S. subsidiaries that we may wish to pursue
may be subject to CFIUS review. If a particular proposed initial business combination with a U.S. business falls within CFIUS’s
jurisdiction, we may determine that we are required to make a mandatory filing or that we will submit to CFIUS review on a voluntary
basis, or to proceed with the transaction without submitting to CFIUS and risk CFIUS intervention, before or after closing the transaction.
CFIUS may decide to block or delay our proposed initial business combination, impose conditions with respect to such initial business
combination or request the President of the United States to order us to divest all or a portion of the U.S. target business
of our initial business combination that we acquired without first obtaining CFIUS approval, which may limit the attractiveness of, delay
or prevent us from pursuing certain target companies that we believe would otherwise be beneficial to us and our shareholders. As a result,
the pool of potential targets with which we could complete an initial business combination may be limited and we may be adversely affected
in terms of competing with other special purpose acquisition companies which do not have any foreign ownership issues. In addition, certain
federally licensed businesses may be subject to rules