UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 OR For the transition period from to Commission file number: 001-42385 BOLD EAGLE ACQUISITION CORP. (Exact name of registrant as specified in its charter) Cayman Islands N/A (State or other ju ...

Financial Position - As of December 31, 2024, the company had an unrestricted cash balance of $183,491 and investments held in the Trust Account amounting to $260,033,862[289]. - The company had cash outside the Trust Account of $183,491 and $100,734 in accounts payable and accrued expenses as of December 31, 2024[290]. - As of December 31, 2024, the Trust Account included $9,030,000 of deferred underwriting commissions[295]. - The Company has no long-term debt, capital lease obligations, or long-term liabilities as of December 31, 2024[313]. - As of December 31, 2024, the outstanding amount under the Amended and Restated Formation and Regulatory Expenses Promissory Note was $542,975, with a borrowing limit increased to $600,000[309]. Income and Expenses - For the year ended December 31, 2024, the company reported a net income of $2,043,928, with a loss from operations of $253,368[290]. - The company expects to incur approximately $1,509,000 for legal, accounting, due diligence, and other expenses related to business combinations[298]. - The Company incurred $30,000 in administrative services expenses under the Administrative Services and Indemnification Agreement from October 25, 2024, to December 31, 2024[311]. - The underwriters received an underwriting discount of $0.15 per Unit, totaling $3,870,000 upon the closing of the Initial Public Offering and the Over-Allotment Option[317]. - The deferred fee to underwriters is $0.35 per Unit, amounting to $9,030,000, payable only if a business combination is completed[316]. Initial Public Offering - The company completed its Initial Public Offering on October 25, 2024, raising gross proceeds of $250,000,000 from the sale of 25,000,000 Units at $10.00 per Unit[292]. - The Over-Allotment Option was partially exercised on December 9, 2024, resulting in the issuance of 800,000 Over-Allotment Option Units[292]. - The Company granted the underwriters a 45-day option to purchase up to 3,750,000 Over-Allotment Option Units, with 800,000 units sold as a result of partial exercise[315]. Business Operations - The company has not engaged in any operations or generated revenues to date, with activities limited to organizational efforts and preparing for the Initial Public Offering[290]. - The company intends to use substantially all funds held in the Trust Account to complete its initial business combination, including interest earned[295]. - The company may need to obtain additional financing to complete its initial business combination if the cash portion of the purchase price exceeds available funds[300]. Internal Controls - The Company has not completed an assessment of internal controls prior to the Initial Public Offering and expects to implement necessary controls before the initial business combination[302]. - The Company may incur significant expenses related to improving internal controls to meet regulatory requirements and market expectations[303]. Shareholder Information - The Sponsor paid an aggregate of $25,000 for 57,500,000 Founder Shares, which represent 16.67% of the Company's issued shares post-IPO[307]. - The Class A ordinary shares subject to possible redemption are classified as temporary equity and measured at fair value, with changes recognized immediately[320]. - The Company adopted ASU 2023-07 for the annual period ending December 31, 2024, improving reportable segment disclosure requirements[322]. - No Working Capital Loans have been borrowed to date, but they may be convertible into Private Placement Shares at $10.00 per share[312].

Group 1 - Bold Eagle Acquisition Corp. announced that holders of its initial public offering units may separately trade Class A ordinary shares and Eagle Share Rights starting December 16, 2024 [1] - The initial public offering consisted of 25,800,000 units, including 800,000 units from the underwriters' over-allotment option [1] - The units will continue to trade on Nasdaq under the symbol "BEAGU," while Class A ordinary shares and Eagle Share Rights will trade under "BEAG" and "BEAGR," respectively [1] Group 2 - Bold Eagle Acquisition Corp. is a blank check company aiming to merge, exchange shares, or acquire assets with one or more businesses across various industries and regions [2] - The management team intends to leverage their global relationships and operating experience to identify suitable business combination targets [2] Group 3 - The company's sponsor is Eagle Equity Partners IV, LLC, with Harry Sloan and Jeff Sagansky serving as Co-Chairmen, and Eli Baker as Chief Executive Officer [3] - Ryan O'Connor serves as Chief Financial Officer, having previously held the position of Vice President of Finance at Screaming Eagle Acquisition Corp. [3]

Financial Position - As of September 30, 2024, the company had an unrestricted cash balance of $0 and a working capital deficiency of $450,279[100][106]. - The company has no long-term debt or capital lease obligations as of the reporting date[117]. - The company may need to seek additional financing to complete its initial business combination if cash requirements exceed available funds[115]. Initial Public Offering (IPO) - The company completed its Initial Public Offering on October 25, 2024, raising $250,000,000 from the sale of 25,000,000 units at $10.00 per unit[107][108]. - The proceeds from the Initial Public Offering are placed in a Trust Account, invested in money market funds or U.S. government treasury obligations[108][109]. - The Company granted underwriters a 45-day option to purchase up to 3,750,000 additional Units at the Initial Public Offering price[119]. - A cash underwriting discount of $0.15 per Unit was paid, amounting to $3,750,000, upon the closing of the Initial Public Offering[121]. - The underwriters are entitled to a deferred fee of $0.35 per Unit, totaling $8,750,000, payable only upon completion of a Business Combination[120]. - The Company received reimbursement of $1,250,000 from the underwriters for reasonable out-of-pocket expenses related to the Initial Public Offering[121]. Operational Status - The company has not engaged in any operations or generated revenues to date, focusing solely on organizational activities and preparing for the Initial Public Offering[101]. - For the three months ended September 30, 2024, the company reported a net loss of $49,328, primarily due to formation and operation costs[102]. - The company incurred $0 in administrative services expenses for the three and nine months ended September 30, 2024, under an agreement with the Sponsor[118]. Future Plans and Expectations - The company expects to incur approximately $1,509,000 for legal, accounting, due diligence, and other expenses related to business combinations[113]. - The company has a plan to use substantially all funds in the Trust Account to complete its initial business combination and may withdraw interest for permitted withdrawals[109]. - Management does not anticipate that recently issued accounting standards will materially affect the financial statements[127]. Equity and Redemption - Holders of Founder Shares and Private Placement Shares are entitled to registration rights, allowing them to demand registration of their securities up to three times[123]. - Class A ordinary shares subject to possible redemption are classified as temporary equity and measured at fair value[125]. - Changes in redemption value of Class A ordinary shares are recognized immediately and adjusted at the end of each reporting period[126].