Company: BEAG
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-003594
Chunk: 389

Company: Bold Eagle Acquisition Corp.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1B
Chunk 389
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 had paid the same per share price for the Founder Shares as our public shareholders
paid for their public shares. 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.

69

●In the event our Sponsor or members of our management team provide loans to us to finance transaction
costs and/or incur expenses on our behalf in connection with an initial business combination, such persons 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
as such loans may not be repaid and/or such expenses may not be reimbursed unless we consummate such business combination.

●Our officers and directors may have a conflict of interest with respect to evaluating a particular business
combination if the retention or resignation of any such officers and directors were to be included by a target business as a condition
to any agreement with respect to our initial business combination.

We are not prohibited from pursuing an initial
business combination with a business combination target that is affiliated with our Sponsor, officers or directors or completing the business
combination through a joint venture or other form of shared ownership with our Sponsor, officers or directors; accordingly, such affiliated
person(s) 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 as such affiliated person(s) would have interests different from our public shareholders and
would likely not receive any financial benefit unless we consummated such business combination. In the event we seek to complete our initial
business combination with a business combination target that is affiliated (as defined in our amended and restated memorandum and articles
of association) with our Sponsor, officers or directors, we, or a committee of independent directors, would obtain an opinion from an
independent investment banking which is a member of FINRA or another independent entity that commonly renders valuation opinions stating
that the consideration to be