Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 0

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 0
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Item
1. 	Business.

Introduction

We
are a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset
acquisition, share purchase, reorganization or similar business combination with one or more businesses (the “business combination”).
We have neither engaged in any operations nor generated any revenue to date. Based on our business activities, the Company is a “shell
company” as defined under the Exchange Act of 1934 (the “Exchange Act”) because we have no operations and nominal assets
consisting almost entirely of cash.

Our
efforts to identify a prospective initial business combination target will not be limited to a particular industry, sector or geographic
region. While we may pursue an initial business combination opportunity in any industry or sector, we intend to capitalize on the ability
of our management team to identify and combine with a business or businesses that can benefit from our management team’s established
global relationships and operating experience. We believe the potential best use cases for SPACs are “special situations”
involving target companies, including consolidations, corporate carve-outs (from public or private businesses), and global companies
based internationally that are seeking sponsorship to access the U.S. equity capital markets. We intend to target a combined company
that has a pro forma equity value of $3 billion or greater. In connection with a business combination with a combined company that has
a pro forma equity value of $3 billion or greater, Eagle Equity Partners IV, LLC (the “Sponsor”) has agreed, pursuant to
a letter agreement, to restructure the Company’s Class B ordinary shares, par value $0.001 per share (the “Class B ordinary
shares” or “Founder Shares”), and any shares issuable pursuant to the anti-dilution provisions in the Founder Shares,
such that the fully vested shares in the surviving company in such business combination held by our Sponsor immediately upon the consummation
of such business combination will represent approximately 1% of such pro forma equity value of the pro forma combined company (not including
any earnout or unvested shares which may be issued, granted, held, converted or otherwise provided in connection with the consummation
of the business combination) to limit the Founder Shares’ dilutive impact. The foregoing represents the extent of the Sponsor’s
commitment to restructure such shares and because this agreement to restructure the Founder Shares is in a letter agreement, as opposed
to