Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 233

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1A
Chunk 233
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 person or by proxy and are voted at a general meeting of
the company. In addition, our amended and restated memorandum and articles of association requires us to provide our public shareholders
with the opportunity to redeem their public shares for cash if we propose an amendment to our amended and restated memorandum and articles
of association (A) to modify the substance or timing of our obligation to allow redemption in connection with our initial business
combination or to redeem 100% of our public shares if we do not complete an initial business combination within the completion window
or (B) with respect to any other material provisions relating to shareholders’ rights or pre-initial business combination
activity. To the extent any of such amendments would be deemed to fundamentally change the nature of the securities offered through the
Initial Public Offering registration statement, we would register, or seek an exemption from registration for, the affected securities.
We cannot assure you that we will not seek to amend our charter or governing instruments or extend the time to consummate an initial
business combination in order to effectuate our initial business combination.

The
provisions of our amended and restated memorandum and articles of association that relate to our pre-business combination activity (and
corresponding provisions of the agreement governing the release of funds from our Trust Account) may be amended with the approval of
holders of not less than two-thirds of our ordinary shares which are represented in person or by proxy and are voted at a general meeting
of the company, which is a lower amendment threshold than that of some other special purpose acquisition companies. It may be easier
for us, therefore, to amend our amended and restated memorandum and articles of association to facilitate the completion of an initial
business combination that some of our shareholders may not support.

Our
amended and restated memorandum and articles of association provide that any of its provisions related to pre-business combination activity
(including the requirement to deposit proceeds of the Initial Public Offering and the private placement of shares into the Trust Account
and not release such amounts except in specified circumstances, and to provide redemption rights to public shareholders as described
herein) and corresponding provisions of the trust agreement governing the release of funds from our Trust Account may be amended if approved
by special resolution, under Cayman Islands law which requires the affirmative vote of at least two-thirds of our ordinary shares which
are represented in person or by proxy and are voted at a general meeting of the company. Our Sponsor, who owns an aggregate of 5,518,000
ordinary shares