Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 172

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 172
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mation
of a business combination or one year from this filing. Over this time period, the Company will be using the funds held outside of the
Trust Account for paying existing accounts payable, paying stock exchange listing fees, paying amounts due under the Administrative Services
and Indemnification Agreement (as defined in Note 5), paying director and officer liability insurance premiums, paying legal and other
service providers, identifying and evaluating prospective business combination candidates, performing due diligence on prospective target
businesses, paying for travel expenditures, selecting the target business to merge with or acquire, and structuring, negotiating and consummating
the business combination. Further, the Company is permitted to withdraw interest earned on the funds held in the Trust Account to fund
working capital requirements, subject to an annual limitation of $1,000,000, and to fund taxes payable.

Note
2—Summary of Significant Accounting Policies

Basis
of Presentation 

The accompanying financial statements are
presented in U.S. dollars and have been prepared in accordance with accounting principles generally accepted in the United States of
America (“GAAP”) and pursuant to the accounting and disclosure rules and regulations of the SEC.

 Emerging Growth Company

The Company is an “emerging growth company,”
as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”),
and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that
are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements
of Section 404 of the Sarbanes-Oxley Act of 2002, reduced disclosure obligations regarding executive compensation in its periodic reports
and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder
approval of any golden parachute payments not previously approved.

F-9

Further, Section 102(b)(1) of the JOBS Act exempts
emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that
is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered
under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company
can elect to opt out of the extended transition period and comply with the requirements that apply to non