Company: BEAG
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110067
Chunk: 41

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 against additional paid in
capital and accumulated deficit.

21

Recent Accounting Standards

In November 2023, the FASB issued Accounting Standards
Update 2023-07 - Segment Reporting (Topic ASC 280) Improvements to Reportable Segment Disclosures. The ASU improves reportable segment
disclosure requirements, primarily through enhanced disclosure about significant segment expenses. The enhancements under this update
require disclosure of significant segment expenses that are regularly provided to the Chief Operating Decision Maker (“CODM”)
and included within each reported measure of segment profit or loss, require disclosure of other segment items by reportable segment and
a description of the composition of other segment items, require annual disclosures under ASC 280 to be provided in interim periods, clarify
use of more than one measure of segment profit or loss by the CODM, require that the title of the CODM be disclosed with an explanation
of how the CODM uses the reported measures of segment profit or loss to make decisions, and require that entities with a single reportable
segment provide all disclosures required by this update and required under ASC 280. The Company adopted ASU 2023-07 for the annual period
ending December 31, 2024 (see Note 9).

Management does not believe that any other recently
issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on our financial statements.

Item
3. Quantitative and Qualitative Disclosures about Market Risk

Not applicable.

Item
4. Controls and Procedures

Evaluation of Disclosure Controls and Procedures

Disclosure controls are procedures that are designed
with the objective of ensuring that information required to be disclosed in our reports filed under the Exchange Act, such as this Quarterly
Report, is recorded, processed, summarized, and reported within the time period specified in the SEC’s rules and forms. Disclosure
controls are also designed with the objective of ensuring that such information is accumulated and communicated to our management, including
the chief executive officer and chief financial officer, as appropriate to allow timely decisions regarding required disclosure. Our management
evaluated, with the participation of our current chief executive officer and chief financial officer (our “Certifying Officers”),
the effectiveness of our disclosure controls and procedures as of September 30, 2025, pursuant to Rule 13a-15(b) under the Exchange Act.
Based upon that evaluation, our Certifying Officers concluded that, as of September 30, 2025, our disclosure controls and procedures were
effective.

We