Company: BEAG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044296
Chunk: 8

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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may elect to redeem its Public Shares, without voting, and if they do vote, irrespective of whether they vote for or against a proposed
Business Combination.

Notwithstanding the foregoing, if the Company
seeks shareholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the Company’s
Amended and Restated Memorandum and Articles of Association provides that a public shareholder, together with any affiliate of such shareholder
or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from redeeming its shares with respect to more
than an aggregate of 15% of the Public Shares without the Company’s prior written consent.

The Sponsor and the Company’s executive
officers and directors have agreed (a) to waive their redemption rights with respect to any Founder Shares, Private Placement Shares and
Public Shares held by them in connection with the completion of a Business Combination and (b) not to propose an amendment to the Amended
and Restated Memorandum and Articles of Association (i) to modify the substance or timing of the Company’s obligation to redeem
100% of the Public Shares if the Company does not complete a Business Combination within the Completion Window (as defined below) or (ii)
with respect to any other material provision relating to shareholders’ rights or pre-initial Business Combination activity, unless
the Company provides the public shareholders with the opportunity to redeem their Public Shares in conjunction with any such amendment
and (iii) to waive their rights to liquidating distributions from the Trust Account with respect to the Founder Shares and Private Placement
Shares if the Company fails to complete a Business Combination.

6

The Company will have within 24 months from the
closing of the Initial Public Offering (or such longer period of time as may be provided in an amendment to the Amended and Restated Memorandum
and Articles of Association approved by a vote of the public shareholders) (the “Completion Window”) to complete a Business
Combination. If the Company is unable to complete a Business Combination within the Completion Window, the Company will as promptly as
reasonably possible but no more than 10 business days thereafter, redeem 100% of the outstanding Public Shares, at a per-share price,
payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned (less taxes paid or