Company: BEAG
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076723
Chunk: 20

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 price of $10.00 per Private Placement
Share, for an aggregate purchase price of $3,500,000, from the Company. In connection with the closing of the Over-Allotment Option,
the Sponsor purchased an additional 8,000 Private Placement Shares at a price of $10.00 per Private Placement Share, for an aggregate
purchase price of $80,000, from the Company. The proceeds from the sale of the Private Placement Shares were added to the net proceeds
from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Completion
Window, the proceeds from the sale of the Private Placement Shares held in the Trust Account will be used to fund the redemption of the
Public Shares (subject to the requirements of applicable law).

Note 5 - Related Party Transactions

Founder Shares

On March 23, 2021, the Sponsor paid an aggregate
of $25,000 to cover certain offering and formation costs of the Company in consideration for 57,500,000 of the Company’s Class B
ordinary shares (the “Class B ordinary shares” or “Founder Shares”). On June 25, 2024, the Sponsor surrendered
for no consideration 50,312,500 Founder Shares, resulting in the Sponsor holding an aggregate of 7,187,500 Founder Shares. The Founder
Shares include an aggregate of up to 937,500 shares subject to forfeiture by the Sponsor to the extent that the Over-Allotment Option
was not exercised in full or in part, so that the number of Founder Shares will collectively represent 16.67% of the Company’s issued
and outstanding shares upon the completion of the Initial Public Offering (excluding the Private Placement Shares and after taking into
account the Sponsor’s forfeiture of Founder Shares in respect of the Eagle Share Rights). On December 9, 2024, in connection with
the partial exercise of the Over-Allotment Option, the Sponsor forfeited 2,027,500 Founder Shares, resulting in the Sponsor holding an
aggregate of 5,160,000 Founder Shares.

The Sponsor and the Company’s executive
officers and directors have agreed, subject to limited exceptions, not to transfer, assign or sell any of their Founder Shares until the
earlier to occur of (A) one year after the completion of a Business Combination; and (B) subsequent to a Business Combination, (x) if
the closing price of the Class A ordinary shares equals