Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 1696

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 8
Chunk 1696
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500 Founder Shares, resulting
in the Sponsor holding an aggregate of 5,160,000 Founder Shares.

Private Placement Shares

Our Sponsor purchased an aggregate of 350,000
Private Placement Shares, at a price of $10.00 per share, or $3,500,000 in the aggregate, in a private placement that closed simultaneously
with the closing of the Initial Public Offering. On December 9, 2024, in connection with the partial exercise of the Over-Allotment Option,
the Company completed the private sale of an additional 8,000 Private Placement Shares to the Sponsor at a price of $10.00 per share,
generating gross proceeds to the Company of $80,000.

Related Party Loans

On March 12, 2021, the Company issued a promissory
note to the Sponsor, pursuant to which the Company could borrow up to an aggregate principal amount of $300,000. On June 26, 2024, the
Company and the Sponsor amended and restated such promissory note (the “Amended and Restated Formation and Regulatory Expenses Promissory
Note”), increasing the amount that the Company may borrow thereunder to $600,000. The Amended and Restated Formation and Regulatory
Expenses Promissory Note is non-interest bearing and payable on the earlier of the completion of the business combination or the Company’s
liquidation. As of December 31, 2024, there was $542,975 outstanding under the Amended and Restated Formation and Regulatory Expenses
Promissory Note.

On June 26, 2024, the Company issued the Initial
Public Offering Promissory Note to the Sponsor, pursuant to which the Company may borrow up to an aggregate principal amount of $400,000.
The Initial Public Offering Promissory Note was non-interest bearing and payable on the earlier of (i) December 31, 2024 or (ii) the completion
of the Initial Public Offering. On October 25, 2024, the Initial Public Offering Promissory Note then outstanding of $80,500 was repaid
in full.

Administrative Services and Indemnification
Agreement

On October 23, 2024, the Company entered into an Administrative Services
and Indemnification Agreement. We agreed to pay an affiliate of the Sponsor $15,000 per month for office space and administrative services
and to provide indemnification to the Sponsor from any claims arising out of