Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 237

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 237
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 if the parties to that investment choose
not to file voluntarily. In the case that CFIUS determines an investment to be a threat to national security, CFIUS has the power to
unwind or place restrictions on the investment. Whether CFIUS has jurisdiction to review an acquisition or investment transaction depends
on — among other factors — the nature and structure of the transaction, including the level of beneficial
ownership interest and the nature of any information or governance rights involved. For example, investments that result in “control”
of a U.S. business by a foreign person always are subject to CFIUS jurisdiction. CFIUS’s expanded jurisdiction under the Foreign
Investment Risk Review Modernization Act of 2018 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