Bold Eagle Acquisition Corp. Reports $9.76 Million Net Income in 10-K Filing

**Bold Eagle Acquisition Corp. Reports Financial Results in Form 10-K Filing**

Bold Eagle Acquisition Corp., a blank check company, filed its annual report on Form 10-K, detailing its financial performance and operational activities. As a special purpose acquisition company (SPAC), Bold Eagle Acquisition Corp. has not engaged in any operations nor generated any revenue to date. The company's primary focus remains on identifying and completing a business combination within the stipulated timeframe.

The company reported a net income of $9.76 million for the year ended December 31, 2025, compared to a net income of $2.04 million for the year ended December 31, 2024. The loss from operations was $1.04 million, consisting of general and administrative expenses, while non-operating income totaled $10.80 million, primarily from interest earned on investments held in the Trust Account. This compares to a loss from operations of $253,368 for the year ended December 31, 2024, and non-operating income of $2.30 million, comprised primarily of a gain on change in fair value of Over-Allotment Option Liability of $236,900, of cancellation of indebtedness of $26,534 and interest earned in the Trust Account of $2,033,862.

Key operational developments included the consummation of the company's Initial Public Offering (IPO) on October 25, 2024, raising gross proceeds of $250 million through the sale of 25 million units at $10.00 each. Subsequently, on December 9, 2024, the underwriters partially exercised their over-allotment option, resulting in additional gross proceeds of $8 million from the sale of 800,000 units. Simultaneously with the IPO, the Sponsor purchased 350,000 Private Placement Shares for $3.5 million, and an additional 8,000 Private Placement Shares for $80,000 in connection with the Over-Allotment Option. A total of $258 million was placed in a Trust Account, invested primarily in U.S. government treasury obligations and money market funds.

The company's amended and restated memorandum and articles of association stipulate a 24-month period from the IPO closing to complete an initial business combination, setting a deadline of October 25, 2026. Failure to meet this deadline will result in the redemption of public shares at a per-share price equal to the aggregate amount in the Trust Account, including interest earned, divided by the number of outstanding public shares. The company's management team is actively engaged in identifying and evaluating potential business combination targets, leveraging their established global relationships and operating experience.