Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 104

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 104
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, or is likely to, generate going forward.

Cyber
incidents or attacks directed at us could result in information theft, data corruption, operational disruption and/or financial loss.

We
depend on digital technologies, including information systems, infrastructure and cloud applications and services, including those of
third parties with which we may deal. Sophisticated and deliberate attacks on, or security breaches in, our systems or infrastructure,
or the systems or infrastructure of third parties or the cloud, could lead to corruption or misappropriation of our assets, proprietary
information and sensitive or confidential data. As an early stage company without significant investments in data security protection,
we may not be sufficiently protected against such occurrences. We may not have sufficient resources to adequately protect against, or
to investigate and remediate any vulnerability to, cyber incidents. It is possible that any of these occurrences, or a combination of
them, could have adverse consequences on our business and lead to financial loss.

49

We
may be a passive foreign investment company, or “PFIC,” which could result in adverse United States federal income tax
consequences to U.S. investors.

If
we are a PFIC for any taxable year (or portion thereof) that is included in the holding period of a U.S. Holder (as defined in the
section of the Initial Public Offering registration statement captioned “Taxation — United States Federal
Income Tax Considerations — U.S. Holders”) of our Class A ordinary shares or Eagle Share Rights, the
U.S. Holder may be subject to adverse U.S. federal income tax consequences and may be subject to additional reporting requirements.
As described further in the section of the Initial Public Offering registration statement captioned “Taxation — United States
Federal Income Tax Considerations — U.S. Holders — Passive Foreign Investment Company Rules,”
we believe is it likely that we will meet the PFIC test for our current taxable year and will not qualify for the so-called “start-up
exception” to the PFIC rules described further in the prospectus. However, our actual PFIC status for any taxable year, however,
will not be determinable until after the end of any taxable year. If we determine we are a PFIC for any taxable year, upon written request,
we will endeavor to provide to a U.S. Holder such information as the Internal Revenue Service may require, including a PFIC annual