Company: BEAG
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-110067
Chunk: 63

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 2
Chunk 63
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 the Company’s activities or any express or implied association between
the Sponsor and the Company or any of its affiliates, which agreement provides that the indemnified parties cannot access the funds held
in the Trust Account. For the three and nine months ended September 30, 2025, the Company incurred $45,000 and $135,000, respectively,
for services under this agreement, which were included in the general and administrative expenses on the accompanying statements of operations.
There were no administrative service fees for the three and nine months ended September 30, 2024. As of September 30, 2025 and December
31, 2024, $14,135 and $30,000, respectively, is included in accounts payable and accrued expenses in the accompanying balance sheets.

20

Underwriting Agreement

On October 23, 2024, the Company entered into
an Underwriting Agreement.

The Company granted the underwriters a 45-day
option to purchase up to 3,750,000 Over-Allotment Option Units. On December 9, 2024, the Over-Allotment Option was exercised in part,
resulting in the issuance and sale of 800,000 Over-Allotment Option Units.

The underwriters are entitled to a deferred fee
of $0.35 per Unit, or up to $9,030,000 in the aggregate. The deferred fee will become payable to the underwriters from the amounts held
in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.

The underwriters received an underwriting discount
of $0.15 per Unit, or $3,870,000 in the aggregate, upon the closing of the Initial Public Offering and the Over-Allotment Option. The
underwriters agreed to reimburse the Company at the closing of the Initial Public Offering for all reasonable out-of-pocket expenses and
fees (including for the avoidance of doubt, a portion of the upfront underwriting commissions payable in connection with the closing of
the Initial Public Offering) incurred by the Company in connection with the Initial Public Offering in an amount not to exceed 0.5% of
the gross proceeds of the Initial Public Offering. On October 25, 2024, as part of the closing of the Initial Public Offering, the Company
received reimbursement from the underwriters of $1,290,000. On December 9, 2024, in connection with the