Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 8

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1
Chunk 8
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 contacts from serving on the boards of directors
of prominent digital media companies and gaming companies.

4

This
network has provided our management team with a flow of referrals that has resulted in numerous transactions which were proprietary or
where a limited group of investors were invited to participate in the sale process. We believe that the network of contacts and relationships
of our management team will provide us important sources of investment opportunities. In addition, we anticipate that target business
combination candidates will be brought to our attention from various unaffiliated sources, including investment market participants,
private equity funds and large business enterprises seeking to divest non-core assets or divisions.

We
are not prohibited from pursuing an initial business combination with a company that is affiliated with our Sponsor, executive officers
or directors, or completing the business combination through a joint venture or other form of shared ownership with our Sponsor, executive
officers or directors. In the event we seek to complete an initial business combination with a target that is affiliated (as defined
in our amended and restated memorandum and articles of association) with our Sponsor, executive officers or directors, we, or a committee
of independent directors, would obtain an opinion from an independent investment banking firm that is a member of FINRA or another independent
entity that commonly renders valuation opinions stating that the consideration to be paid by us in such an initial business combination
is fair to our company from a financial point of view.

Members
of our management team directly or indirectly own Founder Shares and/or Private Placement Shares and, accordingly, may have a conflict
of interest in determining whether a particular target business is an appropriate business with which to effectuate our initial business
combination and in negotiating or accepting the terms of the transaction because of their financial interest in completing an initial
business combination within the completion window. The low price that our Sponsor, executive officers and directors (directly or indirectly)
paid for the Founder Shares creates an incentive whereby our officers and directors could potentially make a substantial profit even
if we select an acquisition target that subsequently declines in value and is unprofitable for public shareholders. If we are unable
to complete our initial business combination within the completion window, the Founder Shares may expire worthless, except to the extent
they receive liquidating distributions from assets outside the Trust Account, which could create an incentive for our Sponsor, executive
officers and directors to complete a transaction even if we select an acquisition target that subsequently declines in value and is unprofitable
for public shareholders. Further, each of our officers and directors may