Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 33

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 33
---
 articles of association, like all provisions of our amended and restated memorandum and articles
of association, may be amended with a shareholder vote.

Competition

In
identifying, evaluating and selecting a target business for our initial business combination, we may encounter competition from other
entities having a business objective similar to ours, including other special purpose acquisition companies, private equity groups and
leveraged buyout funds, public companies and operating businesses seeking strategic acquisitions. Many of these entities are well established
and have extensive experience identifying and effecting business combinations directly or through affiliates. Moreover, many of these
competitors possess similar or greater financial, technical, human and other resources than us. Our ability to acquire larger target
businesses will be limited by our available financial resources. This inherent limitation gives others an advantage in pursuing the acquisition
of a target business. Furthermore, our obligation to pay cash in connection with our public shareholders who exercise their redemption
rights may reduce the resources available to us for our initial business combination and our Eagle Share Rights, and the future dilution
they potentially represent, may not be viewed favorably by certain target businesses. Either of these factors may place us at a competitive
disadvantage in successfully negotiating an initial business combination.

Facilities

We
currently sub-lease our executive offices at 955 Fifth Avenue, New York, NY, 10075 from Eagle Equity Partners, LLC, an entity affiliated
with our Sponsor and the members of our management team. We consider our current office space adequate for our current operations.

16

Employees
and Human Capital Resources

We
currently have four executive officers: Harry E. Sloan, our Co-Chairman; Eli Baker, our Chief Executive Officer; Jeff Sagansky, our Co-Chairman;
and Ryan O’Connor, our Chief Financial Officer. These individuals are not obligated to devote any specific number of hours to our
matters but they intend to devote as much of their time as they deem necessary to our affairs until we have completed our initial business
combination. The amount of time they will devote in any time period will vary based on whether a target business has been selected for
our initial business combination and the stage of the business combination process we are in. We do not intend to have any full time
employees prior to the completion of our initial business combination.

Periodic
Reporting and Financial Information

We
are required to file Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q with the SEC on a regular basis,