Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 1612

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 15
Chunk 1612
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000,000 of the net
proceeds from the Public Offering and $8,000,000 from the sale of the Over-Allotment Option Units and the additional Private Placement
Shares has been placed in the Trust Account. As of December 31, 2024, investment securities in the Company’s Trust Account
consisted of $260,033,862 in a money market fund that invests in U.S. government securities. As of December 31, 2023, there was no
Trust Account.

The following tables presents fair value information as of December 31,
2024 and indicates the fair value hierarchy of the valuation techniques the Company utilized to determine such fair value. Since
all of the Company’s permitted investments consist of money market funds, fair values of its investments are determined by Level 1
inputs utilizing quoted prices (unadjusted) in active markets for identical assets as follows:

    Quoted Prices
 in Active
 Markets 
  
    Money market fund as of December 31, 2024  
    $260,033,862 

Note
8—Shareholder’s Deficit

Preference Shares - The Company is authorized to issue 1,000,000 preference shares with
a par value of $0.0001. The Company’s board of directors will be authorized to fix the voting rights, if any, designations, powers,
preferences, the relative, participating, optional or other special rights and any qualifications, limitations and restrictions thereof,
applicable to the shares of each series. The board of directors will be able to, without shareholder approval, issue preference shares
with voting and other rights that could adversely affect the voting power and other rights of the holders of the ordinary shares and could
have anti-takeover effects. At December 31, 2024 and 2023, there were no preference shares issued or outstanding.

Class A Ordinary Shares - The Company
is authorized to issue 400,000,000 Class A ordinary shares, with a par value of $0.0001 per share. Holders of Class A ordinary shares
are entitled to one vote for each share. At December 31, 2023, there were no Class A ordinary shares issued and outstanding. At December
31, 2024, there were 358,000 Class A ordinary shares issued and outstanding, which are comprised of the Private Placement Shares, excluding
25,800,000 Class A ordinary shares subject to possible redemption, which are comprised