Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 199

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 199
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 approval of an initial business combination, such initial business combination will be approved if we receive an
ordinary resolution under Cayman Islands law, which requires the affirmative vote of a majority of our ordinary shares which are represented
in person or by proxy and are voted at a general meeting of the company, including the Founder Shares. As a result, in addition to our
initial shareholders’ Founder Shares and Private Placement Shares, we would need 10,141,001, or 39.31%, of the 25,800,000 public
shares included in the Units sold in the Initial Public Offering to be voted in favor of an initial business combination in order to have
our initial business combination approved. Assuming that only one-third of our issued and outstanding ordinary shares, representing a
quorum under our amended and restated memorandum and articles of association, are voted, we will not need any public shares in addition
to our Founder Shares and Private Placement Shares to be voted in favor of an initial business combination in order to have an initial
business combination approved. However, if our initial business combination is structured as a statutory merger or consolidation with
another company under Cayman Islands law, the approval of our initial business combination will require a special resolution passed by
the affirmative vote of at least two-thirds of our ordinary shares which are represented in person or by proxy and are voted at a general
meeting of the company. Accordingly, if we seek shareholder approval of our initial business combination, the agreement by our initial
shareholders and management team to vote in favor of our initial business combination will increase the likelihood that we will receive
an ordinary resolution, being the requisite shareholder approval for such initial business combination.

Your
only opportunity to effect your investment decision regarding a potential business combination may be limited to the exercise of your
right to redeem your shares from us for cash.

At
the time of your investment in us, you will not be provided with an opportunity to evaluate the specific merits or risks of our initial
business combination. Since our board of directors may complete a business combination without seeking shareholder approval, public shareholders
may not have the right or opportunity to vote on the business combination, unless we seek such shareholder vote. Accordingly, your only
opportunity to effect your investment decision regarding our initial business combination may be limited to exercising your redemption
rights within the period of time (which will be at least 20 business days) set forth in our tender offer documents mailed to our
public shareholders in which we describe our initial business combination.

The