Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 93

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 93
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 do not expect our board to approve any amendment
to the letter agreement prior to our initial business combination, it may be possible that our board, in exercising its business judgment
and subject to its fiduciary duties, chooses to approve one or more amendments to the letter agreement. Any such amendments to the letter
agreement would not require approval from our shareholders and may have an adverse effect on the value of an investment in our securities.

We
may approve an amendment or waiver of the letter agreement that would allow our Sponsor to directly, or members of our Sponsor to indirectly,
transfer Founder Shares and Private Placement Shares or membership interests in our Sponsor in a transaction in which the Sponsor removes
itself as our Sponsor before identifying a business combination, which may deprive us of key personnel.

While
there is no current intention to do so, and the members of our management team and Sponsor have not done so with any previously formed
special purpose acquisition companies, we may approve an amendment or waiver of the letter agreement that would allow the Sponsor to
directly, or members of our Sponsor to indirectly, transfer Founder Shares and Private Placement Shares or membership interests in our
Sponsor in a transaction in which the Sponsor removes itself as our Sponsor before identifying a business combination. As a result, there
is a risk that our Sponsor and our officers and directors may divest their ownership or economic interests in us or in our Sponsor, which
would likely result in our loss of certain key personnel, including Harry E. Sloan, Eli Baker, Jeff Sagansky and Ryan O’Connor.
There can be no assurance that any replacement Sponsor or key personnel will successfully identify a business combination target for
us, or, even if one is so identified, successfully complete such business combination.

44

Risks
Relating to Our Securities

You
will not have any rights or interests in funds from the Trust Account, except under certain limited circumstances. Therefore, to liquidate
your investment, you may be forced to sell your public shares or Eagle Share Rights, potentially at a loss.

Our
public shareholders will be entitled to receive funds from the Trust Account only upon the earliest to occur of: (i) our completion
of an initial business combination, and then only in connection with those Class A ordinary shares that such shareholder properly
elected to redeem, subject to the limitations and on the conditions described herein, (ii) the redemption of any public shares properly
submitted in connection with a shareholder vote to amend our amended and restated memorandum