Bold Eagle Acquisition Corp.

Previous wording

As indicated in the accompanying financial statements, at June 30, 2025, we had an unrestricted cash balance of $131,948 as well as investments held in the Trust Account of $264,991,449. Further, we expect to incur significant costs in the pursuit of our initial Business Combination. We cannot assure you that our plans to raise capital or to complete our initial Business Combination will be successful.

Current wording

As indicated in the accompanying financial statements, at September 30, 2025, we had an unrestricted cash balance of $405,611 as well as investments held in the Trust Account of $267,257,648. Further, we expect to incur significant costs in the pursuit of our initial Business Combination. We cannot assure you that our plans to raise capital or to complete our initial Business Combination will be successful.

Previous wording

For the three and six months ended June 30, 2025, we had a net income of $2,548,592 and $5,003,449, respectively, a loss from operations of $186,011 and $454,138, respectively, comprised of general and administrative expenses, and non-operating income of $2,734,603 and $5,457,587, respectively, comprised of interest earned on the Trust Account.

Current wording

For the three and nine months ended September 30, 2025, we had a net income of $2,514,794 and $7,518,244, respectively, a loss from operations of $251,405 and $705,542, respectively, comprised of general and administrative expenses, and non-operating income of $2,766,199 and $8,223,786, respectively, comprised of interest earned on the Trust Account.

Previous wording

For the three and six months ended June 30, 2024, we had a net loss of $6,412 and $1,497, respectively, a loss from operations of $27,630 and $28,031, respectively, comprised of general administrative expenses, and non-operating income of $21,218 and $26,534, respectively, comprised of cancellation of indebtedness.

Current wording

For the three and nine months ended September 30, 2024, we had a net loss of $49,328 and $50,825, respectively, a loss from operations of $49,328 and $77,359, respectively, comprised of general administrative expenses, and non-operating income of $0 and $26,534, respectively, comprised of cancellation of indebtedness.

Previous wording

Through June 30, 2025, our efforts have been limited to organizational activities, activities relating to the Initial Public Offering, activities relating to identifying and evaluating prospective acquisition candidates and activities in connection with the initial Business Combination. As of June 30, 2025, $264,991,449 was held in the Trust Account (including $9,030,000 of deferred underwriting commissions). We had cash held outside of the Trust Account of $131,948 and $101,885 in accounts payable and accrued expenses.

Current wording

Through September 30, 2025, our efforts have been limited to organizational activities, activities relating to the Initial Public Offering, activities relating to identifying and evaluating prospective acquisition candidates and activities in connection with the initial Business Combination. As of September 30, 2025, $267,257,648 was held in the Trust Account (including up to $9,030,000 of deferred underwriting commissions). We had cash held outside of the Trust Account of $405,611 and $157,873 in accounts payable and accrued expenses.

Previous wording

As of June 30, 2025, $264,991,449 was held in the Trust Account (including $9,030,000 of deferred underwriting commissions). We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (excluding deferred underwriting commissions) to complete our initial Business Combination. We may withdraw interest for permitted withdrawals. Our annual income tax obligations will depend on the amount of interest and other income earned on the amounts held in the Trust Account. We expect the interest earned on the amount in the Trust Account, plus permitted withdrawals, will be sufficient to pay our income taxes, if any, and our working capital requirements. To the extent that our equity or debt is used, in whole or in part, as consideration to complete our initial Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

Current wording

As of September 30, 2025, $267,257,648 was held in the Trust Account (including up to $9,030,000 of deferred underwriting commissions). We intend to use substantially all of the funds held in the Trust Account, including any amounts representing interest earned on the Trust Account (excluding deferred underwriting commissions) to complete our initial Business Combination. We may withdraw interest for permitted withdrawals. Our annual income tax obligations will depend on the amount of interest and other income earned on the amounts held in the Trust Account. We expect the interest earned on the amount in the Trust Account, plus permitted withdrawals, will be sufficient to pay our income taxes, if any, and our working capital requirements. To the extent that our equity or debt is used, in whole or in part, as consideration to complete our initial Business Combination, the remaining proceeds held in the Trust Account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

Previous wording

Prior to the completion of our initial Business Combination, we will have available to us the approximately $250,000 of proceeds held outside the Trust Account plus permitted withdrawals. We will use these funds to primarily identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination.

Current wording

Prior to the completion of our initial Business Combination, we will have available to us the approximately $250,000 of proceeds initially held outside the Trust Account plus permitted withdrawals. We will use these funds to primarily identify and evaluate target businesses, perform business due diligence on prospective target businesses, travel to and from the offices, plants or similar locations of prospective target businesses or their representatives or owners, review corporate documents and material agreements of prospective target businesses, and structure, negotiate and complete a Business Combination.

Previous wording

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 or relating to the Initial Public Offering or the Company’s operations or conduct of the Company’s business or any claim against the Sponsor alleging any expressed or implied management or endorsement by the Sponsor of any of 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 months and six months ended June 30, 2025, the Company incurred $45,000 and $90,000, respectively, 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 six month ended June 30, 2024. As of June 30, 2025 and December 31, 2024, $15,000 and $30,000, is included in accounts payable and accrued expenses in the accompanying balance sheets.

Current wording

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 or relating to the Initial Public Offering or the Company’s operations or conduct of the Company’s business or any claim against the Sponsor alleging any expressed or implied management or endorsement by the Sponsor of any of 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.

Previous wording

The underwriters are entitled to a deferred fee of $0.35 per Unit, or $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.

Current wording

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.