Company: BEAG
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076723
Chunk: 19

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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 diluted weighted average shares outstanding 
     25,800,000  
     5,518,000  
     -  
     6,250,000 
  
    Basic and diluted net income per ordinary share 
    $0.16  
    $0.16  
    $-  
    $0.00 

Recently Issued Accounting Standards

In November 2023, the FASB issued ASU 2023-07,
“Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures.” The amendments in this ASU require disclosures,
on an annual and interim basis, of significant segment expenses that are regularly provided to the chief operating officer decision maker
(“CODM”), as well as the aggregate amount of other segment items included in the reported measure of segment profit or loss.
The ASU requires that a public entity disclose the title and position of the CODM and an explanation of how the CODM uses the reported
measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. Public entities will be
required to provide all annual disclosures currently required by Topic 280 in interim periods, and entities with a single reportable segment
are required to provide all the disclosures required by the amendments in this ASU and existing segment disclosures in Topic 280. This
ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December
15, 2024, with early adoption permitted. The Company adopted ASU 2023-07 as required for the year ended December 31, 2024. The adoption
requires the Company to provide additional disclosures, but otherwise it does not materially impact the financial statements (see Note
9).

11

Note 3 - Initial Public Offering

Pursuant to the Initial Public Offering, the Company
sold 25,800,000 Units (comprised of 25,000,000 Units sold in connection with the Initial Public Offering and 800,000 Units sold in connection
with the partial exercise by the underwriters of the Over-Allotment Option), at a purchase price of $10.00 per Unit. Each Unit consists
of one Class A ordinary share and one Eagle Share Right.

Note 4 - Private Placement

Simultaneously with the closing of the Initial
Public Offering on October 25, 2024, the Sponsor purchased 350,000 Private Placement Shares at a