BEAG SEC filings, in plain English
Everything Bold Eagle has filed with the SEC that we hold — 40 filings, newest first, 39 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
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What changed: Routine compliance exhibit: Joint Filing Agreement (Exhibit A) attached to a Schedule 13G/A beneficial ownership report for Bold Eagle Acquisition Corp, executed on August 14, 2026 by Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr., Managing Member. This document discloses no adjustments to the trust value, redemption deadline, extension terms, acquisition search progress, or sponsor conduct. It solely establishes a cooperative filing mechanism under Rule 13d-1(k) for the referenced Schedule 13G/A and any future amendments. Why it matters: The agreement confirms that Harraden Circle Investments, LLC and Frederick V. Fortmiller, Jr. have coordinated to aggregate their beneficial ownership disclosures into a single submission. While this excerpt omits the underlying percentage held, acquisition price, and stated purpose located in the parent Schedule 13G/A, joint filers typically synchronize voting directives and disposition intentions, which can signal unified alignment during potential business combination votes or shareholder redemptions. Complete economic context requires review of the full 13G/A pagination, which is not included here.
What changed: Quarterly Report (Form 10-Q) for the period ended June 30, 2026. Trust account value increased from $269.8M to $274.1M due to interest; per-share redemption value rose from $10.42 to $10.60. Company withdrew $500,000 from trust for working capital in March 2026. Working capital deficit widened to $970,471. Management reaffirms substantial doubt about going concern, noting mandatory liquidation date of October 25, 2026 is less than 12 months away. No business combination announced or pending. Sponsor-related promissory note remains at $542,975. Why it matters: This filing confirms the SPAC is approaching its 24-month deadline without a deal, and management explicitly warns of potential liquidation. The trust value and redemption price are updated, critical for investors evaluating redemption economics and timing. The going concern disclosure signals high risk of dissolution if no transaction closes by October 25, 2026.
What changed vs 2026-05-15trust $271.7M → $274.1M +1%trust account, combination deadline, going-concern doubt +21 moved · 4 with no prior record of ours
- Trust account
- $271.7M$274.1M
- Combination deadline
- 2026-10-25 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $543K · unchanged
- Redeemable shares
- 25.8M · unchanged
SpacBrain reads this as $2,405,001 was added to the trust between the two filings.
The clause …“398,322 312,302 Prepaid expenses - non-current 447,113 447,113 Investments held in Trust Account 274,112,743 269,835,824 Total assets $ 274,958,178 $ 270,595,239 LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND”…
The clause “Company is a special purpose acquisition company and must complete its initial Business Combination by October 25, 2026. Although the Company plans to complete its initial Business Combination before such date, there can be no assurance”…
The clause …“Standards Codification ("ASC") 205-40, Presentation of Financial Statements—Going Concern,” management considered the Company’s mandatory liquidation date, which is less than 12 months from the date these financial statements are”…
The clause “Offering Promissory Note (as defined in Note 5). As of June 30, 2026, there was $ 542,975 outstanding under the Amended and Restated Formation and Regulatory Expenses Promissory Note. On October 25, 2024, the Initial Public Offering”…
The clause “400,000,000 shares authorized; 358,000 shares issued and outstanding (excluding 25,800,000 shares subject to possible redemption) as of June 30, 2026 and December 31, 2025 36 36 Class B ordinary shares, $ 0.0001 par value; 80,000,000”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Schedule 13G/A filing containing attached Powers of Attorney executed by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC, designating named employees as attorneys-in-fact to submit SEC filings under Rule 13f-1 or Regulation 13D-G for securities deemed beneficially owned by Goldman Sachs, effective as of July 8, 2026 and July 2, 2026 respectively. According to the Powers of Attorney attached to the filing, The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC state that they have renewed and expanded internal signing authority for regulatory submissions, explicitly superseding a prior authorization granted on July 16, 2025. The revised documents appoint seventeen individuals—including Sadhiya Raffique, Santosh Vinayagamoorthy, D Guru Prasad, Tobi Amusan, Akash Keshari, Papa Lette, Andrzej Szyszka, Rahail Patel, Taiki Misu, Regina Chan, Abhilasha Bareja, Veronica Mupazviriwo, Sam Prashanth, Ameen Soetan, Abhishek Vishwanathan, Elizabeth Novak, and Matthew Pomfret—to act on their behalf. Scott Kilpatrick and Carey Ziegler executed the instruments on July 8, 2026 and July 2, 2026. The provided excerpt contains no amendment tables, percentage disclosures, or transaction records; consequently, the filing discloses no change in share count, acquisition price, or voting disposition for BEAG. Why it matters: For investors tracking the SPAC, this disclosure does not shift the stated redemption deadline of 2026-10-25, the $10.6 trust per share amount, any extension framework, business combination timeline, or sponsor conduct. As stated in the filing, the instrument merely ensures uninterrupted compliance capacity and expressly grants The Company the unrestricted right to revoke the authority unilaterally. The absence of an amended ownership schedule implies either that Goldman Sachs holds a static position below subsequent reporting triggers, that the substantive page was omitted from the transcript, or that the entity operates through separate advisory channels not captured here. The document is routine administrative housekeeping and bears no direct mechanical weight on the capital stack, though the explicit retention of portfolio management personnel signals ongoing operational readiness rather than disengagement.
What changed: Quarterly report on Form 10-Q for Bold Eagle Acquisition Corp. for the quarter ended March 31, 2026. Trust value per share increased from $10.42 at year-end 2025 to $10.51 at March 31, 2026, driven by $2.37 million in interest earned. The company withdrew $500,000 from the Trust in Q1 2026 for working capital (the same amount was withdrawn in each of two prior quarters). Cash outside Trust rose to $521,352 from $192,592. Net income was $2.17 million vs. $2.45 million in the prior-year period, a decrease due to lower interest rates on Trust investments. Going concern disclosure is now explicit: management states the mandatory liquidation date of October 25, 2026 is less than 12 months from issuance, creating substantial doubt. Why it matters: The trust value per public share rose by ~$0.09 in the quarter, a normal accretion of interest. The company has withdrawn $500,000 from the Trust for working capital each of the last two quarters, showing continued operational burn. The explicit going concern warning and the <12-month deadline mean the company must either announce a deal or face liquidation before the end of 2026. No merger target, letter of intent or definitive agreement has been disclosed. The sponsor has not made any change to the trust or its commitments. The company is still in the searching stage.
What changed vs 2025-11-13trust $267.3M → $271.7M +2%trust account, combination deadline, going-concern doubt +21 moved · 4 with no prior record of ours
- Trust account
- $267.3M$271.7M
- Combination deadline
- 2026-10-25 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $543K · unchanged
- Redeemable shares
- 25.8M · unchanged
SpacBrain reads this as $4,450,094 was added to the trust between the two filings.
The clause …“665,298 312,302 Prepaid expenses - non-current 447,113 447,113 Investments held in Trust Account 271,707,742 269,835,824 Total assets $ 272,820,153 $ 270,595,239 LIABILITIES, CLASS A ORDINARY SHARES SUBJECT TO POSSIBLE REDEMPTION AND”…
The clause …“to liquidate after October 25, 2026. Management plans to consummate a Business Combination prior to October 25, 2026; however, there can be no assurance that one will be completed. Commitments and Contractual Obligations;”…
The clause “014-15, Disclosures of Uncertainties about an Entity s Ability to Continue as a Going Concern, management has determined that because such mandatory liquidation date is less than 12 months away from the date of issuance of the financial”…
The clause …“Promissory Note (as defined in Note 5). As of March 31, 2026, there was $ 542,975 outstanding under the Amended and Restated Formation and Regulatory Expenses Promissory Note. On October 25, 2024, the Initial Public Offering”…
The clause “400,000,000 shares authorized; 358,000 shares issued and outstanding (excluding 25,800,000 shares subject to possible redemption) as of March 31, 2026 and December 31, 2025 36 36 Class B ordinary shares, $ 0.0001 par value; 80,000,000”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: This filing is a Schedule 13G exhibit containing two Power of Attorney instruments executed by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. The documents appoint named personnel—including Sadhiya Raffique, Santosh Vinayagamoorthy, D Guru Prasad, Tobi Amusan, Akash Keshari, Papa Lette, Andrzej Szyszka, Rahail Patel, Taiki Misu, Regina Chan, Mariana Audeves Martinez, Asheesh Bajaj, Abhilasha Bareja, Veronica Mupazviriwo, Sam Prashanth, Ameen Soetan, Abhishek Vishwanathan, Elizabeth Novak, and Matthew Pomfret—as attorneys-in-fact to submit regulatory disclosures under Rule 13f-1 or Regulation 13D-G for securities deemed beneficially owned. The instruments are governed by New York law, bear the signature of Managing Director Carey Ziegler, are dated July 16, 2025, and automatically expire July 16, 2026 unless revoked or terminated due to an attorney’s employment separation. The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC state that their underlying equity positioning and beneficial ownership percentages remain unchanged. The filing notes the first power supersedes a prior authorization dated July 29, 2024, and the second supersedes one dated October 1, 2024. The instruments contain no assertions regarding redemption deadlines, trust distribution mechanics, extension voting schedules, target combination timelines, or sponsor governance protocols. The document also discloses no information concerning customer concentrations, revenue trajectories, addressable market sizing, proprietary technology roadmaps, commercial partnerships, pending litigation, or executive succession plans beyond the appointed attorneys. Why it matters: For investors tracking SPAC operational mechanics, this administrative update confirms Goldman Sachs maintains standardized internal delegation for statutory reporting obligations without triggering threshold-based disclosure triggers or altering existing corporate timelines. Because the filing is strictly procedural, it provides no indication of upcoming extension votes, liquidity events, or deal-progression milestones. Investors monitoring sponsor conduct should view this as a routine compliance maintenance exercise rather than a signal of capital deployment, trust accounting shifts, or strategic realignment.
What changed: Annual Report on Form 10-K for fiscal year ended December 31, 2025. No material changes from prior filings. Trust account increased to approximately $269.8 million (from $260.0 million) due to interest income. The company remains in search stage with no business combination agreement announced. The filing reiterates the mandatory liquidation deadline of October 25, 2026. The going concern qualification is reaffirmed as the deadline is less than 12 months away. Interest withdrawals from trust account for working capital continued ($1.5 million total withdrawn post-IPO). Why it matters: The 10-K confirms the SPAC's status as still searching with limited time remaining (deadline October 25, 2026). Trust per-share value has increased to $10.35 due to interest, providing a modest premium over the IPO price for redeeming shareholders. The going concern warning is significant for investors tracking risk of liquidation. No deal progress or extension indicates increasing time pressure.
What changed vs 2025-03-28trust $260.0M → $269.8M +4%going concern APPEAREDtrust account, going-concern doubt, redeemable shares +32 moved · 4 with no prior record of ours
- Trust account
- $260.0M$269.8M
- Going-concern doubt
- not statedstated
- Redeemable shares
- not previously extracted25.8M
- Combination deadline
- 2026-10-25 · unchanged
- Sponsor loans outstanding
- $543K · unchanged
- Mandate language
- We intend to target a combined company that has a pro forma … · unchanged
SpacBrain reads this as $9,801,962 was added to the trust between the two filings.
The clause “1, 2025, we had an unrestricted cash balance of $192,592 as well as investments held in the Trust Account of $269,835,824. Further, we expect to incur significant costs in the pursuit of our initial business combination. We cannot assure”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“to find a target or to consummate an initial business combination. There is a substantial doubt about our ability to continue as a going concern. Risks Relating to Our Search for, and Consummation of or Inability to Consummate, A”…
The clause “400,000,000 shares authorized; 358,000 shares issued and outstanding (excluding 25,800,000 shares subject to possible redemption) as of December 31, 2025 and December 31, 2024 36 36 Class B ordinary shares, $ 0.0001 par value; 80,000,000”…
The clause …“to liquidate after October 25, 2026. Management plans to consummate a Business Combination prior to October 25, 2026; however, there can be no assurance that one will be completed. Note 2 Summary of Significant Accounting”…
The clause …“or the Company s liquidation. As of December 31, 2025 and 2024, there was $542,975 outstanding under the Amended and Restated Formation and Regulatory Expenses Promissory Note. On June 26, 2024, the Company the Initial Public”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: A Joint Filing Agreement (Exhibit A) attached to an amended Schedule 13G, executed on February 13, 2026. The filing does not adjust beneficial ownership percentages, trust value per share, redemption deadlines, extension procedures, de-spacification milestones, or sponsor governance. It solely establishes that Harraden Circle Investments, LLC; Harraden Circle Investors GP, LP; Harraden Circle Investors GP, LLC; Harraden Circle Investors, LP; Harraden Circle Special Opportunities, LP; Harraden Circle Strategic Investments, LP; Harraden Circle Concentrated, LP; and Frederick V. Fortmiller, Jr. will file a single Schedule 13G statement on behalf of all listed parties pursuant to Rule 13d-1(k), with Mr. Fortmiller signing in his capacity as Managing Member for the relevant LLCs and general partners. Why it matters: For investors tracking redemption windows, trust account composition, business combination timelines, or management conduct, this document offers no operational, financial, or strategic updates. As a routine administrative exhibit, it merely consolidates future SEC disclosure obligations for the Harraden Circle affiliates and reduces individual filing duplication without altering any securities economics, shifting any deadline, or commenting on target acquisition activity. The agreement contains no claims regarding customer relationships, revenue streams, addressable market size, proprietary technology, commercial partnerships, litigation posture, or executive personnel changes. No external statements, performance metrics, or strategic direction are attributable to company leadership, advisors, or the reporting group.
What changed: A routine compliance exhibit: a Schedule 13G/A, specifically a beneficial ownership amendment report. The filing identifies Centiva Capital, LP and Centiva Capital GP, LLC as the reporting holders. Regarding redemption deadlines, trust value per share, extension votes, business combination progress, and sponsor conduct, the document discloses zero updates, zero numerical figures, and zero attributed statements from executives, directors, or sponsors. It contains no claims regarding customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel. The only procedural action recorded is the electronic submission of an amended ownership statement for regulatory record-keeping. Why it matters: For investors tracking Bold Eagle’s redemption timeline, trust account mechanics, or search-phase development, this submission provides no new data on cash positioning, shareholder liquidity triggers, or transaction momentum. The standard format of an amended 13G/A without accompanying explanatory exhibits indicates routine institutional portfolio reporting rather than a strategic shift in capital commitment, sponsorship behavior, or acquisition targeting. Consequently, the SPAC’s existing operational parameters and investor protection framework remain unaltered by this filing alone.
What changed: A Schedule 13G beneficial ownership report filed on 2025-11-14 identifying Meteora Capital, LLC as the reporting holder. The filing attributes beneficial ownership of Bold Eagle (BEAG) securities to Meteora Capital, LLC. The provided text contains no share counts, percentage thresholds, acquisition dates, or statements of purpose. Consequently, it reports no change affecting the $10.6 trust per share, the 2026-10-25 redemption deadline, extension mechanics, merger development, or sponsor conduct. Why it matters: Because the excerpt omits all quantitative and procedural disclosures, investors cannot determine whether Meteora Capital, LLC’s position shifts voting power, signals conviction during the search period, exerts redemption pressure, or reflects sponsor alignment. Without these data points, the document offers no actionable insight into capital base dynamics or timeline risk.
What changed: Schedule 13G/A, an amendment to a beneficial ownership report filed to update the SEC on changes in equity holdings exceeding the 5% disclosure threshold. The provided excerpt lists five reporting holders—Lighthouse Investment Partners, LLC; MAP 214 Segregated Portfolio; Shaolin Capital Partners SP; MAP 204 Segregated Portfolio; and Eagle Harbor Multi-Strategy Master Fund Limited—without accompanying share quantities, ownership percentages, purchase dates, or acquisition methods. The filing therefore discloses no adjustments to BEAG’s redemption window, the stated trust value of $10.6 per share, the October 25, 2026 deadline, or its active SEARCHING status. No extension filings, sponsor governance updates, or target-search milestones are reported. Why it matters: Beneficial ownership amendments serve as the primary regulatory signal for institutional positioning ahead of a SPAC’s initial business combination vote. Although this excerpt contains zero claims regarding customer contracts, revenue trajectories, addressable market sizing, proprietary technology, commercial partnerships, leadership appointments, or pending litigation, the clustering of segregated portfolios under common management warrants monitoring for potential governance influence or coordinated voting behavior. A filing of this type often precedes concentrated capital alignment even when mechanics like the redemption calendar, trust distribution rate, and deadline remain static, making it relevant tracking material until a de-SPAC target is formally presented.
What changed: Schedule 13G (statutory beneficial ownership report). The provided excerpt names Centiva Capital, LP and Centiva Capital GP, LLC as filing parties but contains no share quantities, percentage thresholds, acquisition dates, or stated purposes. It references neither redemption periods, trust account composition, extension deadlines, target pipeline advancement, nor sponsor governance actions. Why it matters: A 13G registers when cumulative acquisitions exceed the statutory five-percent reporting threshold, establishing which institutional vehicles maintain material blocks in a listed company. For a SPAC in the searching phase, monitoring large shareholder composition clarifies whether anchor investors may later validate a target, commit PIPE capital, or influence the sponsor's decision timeline. Because the excerpt omits positional magnitude, voting arrangements, and investment intent, the filing functions as a regulatory registry update rather than a driver of near-term redemption behavior, trust value adjustments, or deal mechanics.
What changed: Quarterly report (Form 10-Q) for Bold Eagle Acquisition Corp. for the quarterly period ended September 30, 2025. Deal mechanics unchanged. Trust value per share rose to $10.35 (from $10.04 at Dec. 31, 2024) due to $8,223,786 in interest earned. The Company withdrew the full $1,000,000 annual allowance of interest from the Trust for working capital in its first year, leaving $0 available. Beginning Oct. 25, 2025, a new $1,000,000 annual withdrawal allowance becomes available. The mandatory liquidation date of Oct. 25, 2026 is now less than 12 months away; management discloses substantial doubt about going concern. No agreement, letter of intent, or target identified. No extension vote sought. No changes to redemption mechanics. Why it matters: The trust is earning interest, pushing the per-share redemption value to $10.35, above the IPO price. However, the clock is the key story: the Company must close a deal by October 25, 2026, or liquidate. With 11 months left and no deal announced, the stock is trading as a going-concern risk. Shareholders should monitor for any extension announcements or deal rumors. The going concern warning is a strong signal that liquidation is a real possibility absent a deal.
What changed vs 2025-08-14trust $265.0M → $267.3M +1%going concern APPEAREDtrust account, going-concern doubt, combination deadline +22 moved · 3 with no prior record of ours
- Trust account
- $265.0M$267.3M
- Going-concern doubt
- not statedstated
- Combination deadline
- not previously extracted2026-10-25
- Sponsor loans outstanding
- $543K · unchanged
- Redeemable shares
- 25.8M · unchanged
SpacBrain reads this as $2,266,199 was added to the trust between the two filings.
The clause “Non-current assets: Prepaid expenses - non-current 456,233 562,849 Investments held in Trust Account 267,257,648 260,033,862 Total assets $ 268,318,081 $ 260,956,689 LIABILITIES AND SHAREHOLDERS DEFICIT: Current liabilities: Accounts”…
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause “014-15, Disclosures of Uncertainties about an Entity s Ability to Continue as a Going Concern, management has determined that because such mandatory liquidation date is less than 12 months away, there is substantial doubt that the Company”…
The clause …“to liquidate after October 25, 2026. Management plans to consummate a Business Combination prior to October 25, 2026; however, there can be no assurance that one will be completed. Commitments and Contractual Obligations;”…
The clause …“Promissory Note (as defined in Note 5). As of September 30, 2025, there was $ 542,975 outstanding under the Amended and Restated Formation and Regulatory Expenses Promissory Note. On October 25, 2024, the Initial Public Offering”…
The clause “400,000,000 shares authorized; 358,000 shares issued and outstanding (excluding 25,800,000 shares subject to possible redemption) as of September 30, 2025 and December 31, 2024 36 36 Class B ordinary shares, $ 0.0001 par value; 80,000,000”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Schedule 13G Joint Filing Agreement (Exhibit A). This document identifies itself as a Joint Filing Agreement executed to facilitate consolidated Schedule 13G disclosures under Rule 13d-1(k). It does not amend beneficial ownership percentages, number of shares held, or transactional timelines. Bearing on SPAC mechanics: the filing alters neither the redemption deadline schedule, trust account valuation mechanics, extension voting procedures, business combination progression, nor sponsor fiduciary conduct. The undersigned Harraden Circle investment vehicles and Frederick V. Fortmiller, Jr., in his stated role as Managing Member, merely designate a single party to submit the report on their collective behalf. Why it matters: Because the exhibit is purely administrative, it signals centralized regulatory compliance rather than strategic realignment, liquidity planning, or acquisition targeting. It contains zero claims regarding customer concentrations, revenue streams, market sizing, technological capabilities, commercial partnerships, litigation exposure, or executive personnel. Per the explicit text, the only operative detail is the October 31, 2025 signature date on page 1 confirming joint reporting authorization, meaning the filing provides no actionable signals for investors monitoring redemption windows, trust sufficiency, or deal velocity.
What changed: A Schedule 13G filing reporting beneficial ownership of the registrant’s common stock by multiple pooled investment vehicles and advisory affiliates. The excerpt lists seven legal entities—Lighthouse Investment Partners, LLC; North Rock Capital Management, LLC; MAP 214 Segregated Portfolio; Shaolin Capital Partners SP; NR1 SP; MAP 204 Segregated Portfolio; and Eagle Harbor Multi-Strategy Master Fund Limited—and, according to the submitted text, contains no share counts, percentage thresholds, transaction dates, or narrative regarding BEAG’s redemption deadline of 2026-10-25, its $10.6 per-share trust balance, any proposed extension, progress toward a business combination, or conduct by the sponsor or management team. Why it matters: Although the filing catalogs investor vehicles that have previously participated in public market transactions, the document omits ownership percentages, acquisition dates, and any explanatory commentary. Because those metrics are absent, the filing does not indicate whether institutional positioning has shifted materially ahead of the stated deadline, nor does it reveal changes in shareholder composition that could influence future redemption flows, extension voting mathematics, or alignment with potential deal sponsors during the searching phase. As noted in the filing itself, tracking these entities’ subsequent submissions will remain necessary to detect threshold crossings or strategic reallocations relevant to capital deployment timelines.
What changed: A Joint Filing Agreement (Exhibit A) accompanying a Schedule 13G/A beneficial ownership report for securities in Bold Eagle Acquisition Corp. The provided filing text contains only the procedural joint filing agreement, not the primary Schedule 13G/A disclosure body. It confirms that Harraden Circle Investments, LLC; Harraden Circle Investors GP, LP; Harraden Circle Investors GP, LLC; Harraden Circle Investors, LP; Harraden Circle Special Opportunities, LP; Harraden Circle Strategic Investments, LP; and Frederick V. Fortmiller, Jr. have agreed to file jointly on behalf of all listed parties pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934. Mr. Fortmiller, identified as Managing Member, executes the agreement as authorized representative for each entity. The excerpt does not disclose specific share quantities, aggregate beneficial ownership percentages, acquisition dates, or stated purposes of the transactions. It makes no reference to BEAG’s redemption calendar, trust account balance, extension timeline, merger target selection, or sponsor behavior. Why it matters: For investors tracking SPAC mechanics, this exhibit clarifies the administrative reporting structure behind BEAG-related disclosures but signals no operational shift, capital deployment, or governance change. Joint filing arrangements are routine compliance mechanisms that consolidate disclosures from related funds and their manager without altering underlying equity positions, voting control, or investment intent. Because the full 13G/A text with numerical holdings and purpose statements is absent, market participants cannot assess whether ownership crossed disclosure thresholds, modified strategic positioning, or reflected coordinated action that could affect deal timelines, redemption dynamics, or sponsor accountability.
What changed: Bold Eagle Acquisition Corp.'s Quarterly Report on Form 10-Q for the period ended June 30, 2025, filed with the SEC. No business combination has been announced. The company remains in its search phase. Key financial metrics as of June 30, 2025: Cash of $131,948, Working capital surplus of $162,193, Investments held in Trust Account of $264,991,449. The company reported a net income of $2,548,592 for the three-month period and $5,003,449 for the six-month period, driven by interest income on trust investments. The company withdrew $500,000 from trust interest for working capital on April 8, 2025. The remaining interest available for withdrawal for working capital is $500,000. The trust redemption value per share was reported as $10.25 as of June 30, 2025. Why it matters: This filing provides a baseline financial update, confirming the company is still searching for a target with ample time until its October 25, 2026 deadline. It reports a high trust value per share ($10.25), a positive working capital position, and a recent $500,000 withdrawal from trust interest for operating expenses, which is a key indicator of cash burn and sponsor support. No material changes to capital structure or new risk factors were reported.
What changed vs 2025-05-15trust $262.8M → $265.0M +1%trust account, sponsor loans outstanding, redeemable shares1 moved · 2 with no prior record of ours
- Trust account
- $262.8M$265.0M
- Sponsor loans outstanding
- $543K · unchanged
- Redeemable shares
- 25.8M · unchanged
SpacBrain reads this as $2,234,604 was added to the trust between the two filings.
The clause “Non-current assets: Prepaid expenses - non-current 491,772 562,849 Investments held in Trust Account 264,991,449 260,033,862 Total assets $ 265,820,211 $ 260,956,689 LIABILITIES AND SHAREHOLDERS DEFICIT: Current liabilities: Accounts”…
The clause “Offering Promissory Note (as defined in Note 5). As of June 30, 2025, there was $ 542,975 outstanding under the Amended and Restated Formation and Regulatory Expenses Promissory Note. On October 25, 2024, the Initial Public Offering”…
The clause “400,000,000 shares authorized; 358,000 shares issued and outstanding (excluding 25,800,000 shares subject to possible redemption) as of June 30, 2025 and December 31, 2024 36 36 Class B ordinary shares, $ 0.0001 par value; 80,000,000”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Joint Filing Agreement (Exhibit I) to Schedule 13G/A, documenting the consolidated reporting arrangement among Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander for Class A Ordinary Shares, par value $0.0001 per share, of Bold Eagle Acquisition Corp. The excerpt provides only the joint filing agreement and omits the amended Schedule 13G data tables, so no specific changes to share count, percentage beneficial ownership, or prior holding disclosures are visible. The instrument, executed by Gil Raviv as Global General Counsel and Israel A. Englander on July 15, 2025, merely confirms that the four named parties will satisfy SEC Rule 13d-1(k) requirements by filing on behalf of each other rather than submitting separate reports. No updates regarding redemption calendars, trust valuation mechanics, extension proposals, business combination deal progress, or sponsor conduct are contained in this segment. Why it matters: While this filing segment lacks quantitative holdings data, Schedule 13G/A amendments trigger mandatory public updates on institutional beneficial ownership, which directly impacts monitoring of shareholder concentration as BEAG searches for a target. Documented participation from Millennium Management affiliates and Israel A. Englander introduces tracked institutional oversight, which historically influences extension voting behavior, redemption threshold management, and sponsor negotiation leverage. The filing makes zero claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel changes; those categories remain entirely unaddressed by the undersigned signatories. All procedural assertions derive solely from the executed agreement dated July 15, 2025.
What changed: Quarterly report (Form 10-Q) for Bold Eagle Acquisition Corp., a blank-check SPAC still searching for a business combination. Trust account value increased by $2.7 million to $262.8 million ($10.14 per share) from $260.0 million ($10.04 per share) due to interest income. Cash on hand fell to $15,354 from $183,491. The company withdrew $500,000 from trust interest on April 8, 2025 for working capital. A new risk factor about tariffs was added. No extension or deal announcement. Why it matters: Trust per share accretion is positive for shareholders. The low cash balance and working capital deficiency ($201,852) are mitigated by ability to withdraw up to $1M annually from trust interest. The $500k withdrawal for working capital signals active cash burn. The new tariff risk factor may affect the pool of potential targets. Deadline remains October 2026.
What changed vs 2024-12-05shares 25.0M → 25.8M +3%redeemable shares, trust account, sponsor loans outstanding1 moved · 2 with no prior record of ours
- Redeemable shares
- 25.0M25.8M
- Trust account
- not previously extracted$262.8M
- Sponsor loans outstanding
- $543K · unchanged
SpacBrain reads this as 800,000 more shares carry a redemption right.
The clause “400,000,000 shares authorized; 358,000 shares issued and outstanding (excluding 25,800,000 shares subject to possible redemption) as of March 31, 2025 and December 31, 2024 36 36 Class B ordinary shares, $ 0.0001 par value; 80,000,000”…
The clause …“221,260 359,978 Prepaid expenses - non-current 541,829 562,849 Investments held in Trust Account 262,756,845 260,033,862 Total assets $ 263,519,934 $ 260,956,689 LIABILITIES AND SHAREHOLDERS DEFICIT: Current liabilities: Accounts”…
The clause …“Promissory Note (as defined in Note 5). As of March 31, 2025, there was $ 542,975 outstanding under the Amended and Restated Formation and Regulatory Expenses Promissory Note. On October 25, 2024, the Initial Public Offering”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Schedule 13G/A — beneficial ownership report [0001085146-25-003108]. This filing is an amendment to a Schedule 13G reporting beneficial ownership held by AQR Capital Management, LLC; AQR Capital Management Holdings, LLC; and AQR Arbitrage, LLC, as listed by the filers. The provided excerpt does not disclose the percentage of shares reported, the date(s) of acquisition or disposition, the aggregate number of securities involved, or whether voting and investment power is sole or shared. Bearing on SPAC mechanics, the filing makes no mention of the redemption deadline of 2026-10-25, the $10.6 trust per share, any extension vote, a target acquisition in progress, or sponsor conduct, as stated by the registrants. It is a routine equity position update rather than a structural or corporate action document. Why it matters: Institutional arbitrage managers such as AQR routinely adjust exposures to SPACs trading around their net asset value, and disclosed accumulation or distribution can affect secondary market liquidity. However, because this amended report contains no ownership percentages, transaction dates, or purpose statements, it does not mechanically alter the redemption calendar, trust distribution math, or timeline for a business combination. Substantive impacts on shareholder payouts at the $10.6 trust level or decisions regarding the 2026-10-25 deadline would originate from proxy solicitations, business combination agreements, or subsequent 13D/G amendments that quantify stake size and strategic intent, not from this baseline ownership filing.
What changed: A Schedule 13G/A amended beneficial ownership report filed for BEAG, identifying the Healthcare of Ontario Pension Plan Trust Fund as the reporting person. The excerpt confirms an amendment to a prior Schedule 13G filing. No share quantities, percentages, or acquisition dates are visible in the provided text, so the precise change in beneficial ownership is unrecorded here. The filing makes no statements regarding BEAG’s redemption mechanics, trust account composition, sponsor conduct, extension provisions, or target selection status. Any claims about institutional positioning must await the complete amended schedule. Why it matters: A 13G/A signals a positional update for a Canadian pension fund holding BEAG securities. In a SEARCHING SPAC, shifts in institutional float can affect market liquidity, Nasdaq public hold requirements, and the pool of potential anchor investors for a future merger. Because the excerpt omits the amended schedule’s core data fields, redemption timing, trust drawdown risk, and sponsor governance remain unaffected at this stage. Monitoring the full exhibit is necessary to assess whether this holder intends to support a particular transaction timeline or exercise redemption rights en masse.
What changed: This document is a Schedule 13G/A, a United States Securities and Exchange Commission beneficial ownership report filed by Bank of Montreal, Bank of Montreal Holding Inc., and BMO Nesbitt Burns Inc. The filing registers an amendment to previously disclosed institutional equity positions in BEAG shares. The excerpt provides no updated share quantities, ownership percentages, or transaction dates, but the ‘A’ designation confirms modified regulatory disclosure relative to earlier submissions. The SPAC’s operational mechanics remain unchanged: the redemption deadline stays fixed at 2026-10-25, the per-share trust balance holds at $10.6, and the entity continues its SEARCHING phase without any reported extension vote, target acquisition, or sponsor liquidity event in this submission. Why it matters: For investors tracking redemption windows, trust account stability, and sponsor conduct, this 13G/A functions as a routine compliance exhibit rather than a transactional catalyst. The text contains zero assertions regarding customer concentration, projected revenue, addressable market size, strategic pivot, technology licensing, partnership execution, executive departures, or pending litigation; consequently, no claims require attribution to management, advisors, or external parties. The only numeric references are the filing timestamp (2025-05-08), the SEC accession number (0001085146-25-002820), the statutory $10.6 trust/share baseline, and the 2026-10-25 termination window. Because Canadian institutional dealers routinely file Schedule 13G/A amendments for internal portfolio reclassifications, custodial accounting cycles, or passive threshold crossings unrelated to SPAC execution, this document does not materially alter redemption expectations, trust yield projections, or the timeline for a business combination announcement.
What changed: A Schedule 13G beneficial ownership report filed with the SEC, identifying Bank of Montreal, Bank of Montreal Holding Inc., and BMO Nesbitt Burns Inc. as reporting persons disclosing their indirect beneficial ownership of BEAG securities. The filing updates the record on institutional ownership held by the named Bank of Montreal affiliates. Bearing on the requested mechanics: the excerpt contains zero data on redemption pricing, trust value movements, extension proposals, merger negotiations, or sponsor conduct. No share quantities, acquisition dates, or dollar amounts are presented, meaning the October 25, 2026 liquidation deadline, the $10.6 per-share trust balance, and the SEARCHING operational status remain unchanged by this submission. Why it matters: Institutional 13G filings often precede or follow voting campaigns, tender offers, or target searches, but because the filing text lacks ownership percentages, aggregate share counts, and a purpose-of-investment clause, the strategic impact on BEAG’s capital structure or timeline cannot be assessed. The reporting entities advanced no public claims regarding target candidates, customer concentrations, revenue streams, market share, proprietary technology, joint ventures, ongoing litigation, or executive appointments. As the document substantiates nothing beyond custodial attribution, it functions as a regulatory baseline rather than a catalyst; portfolio managers tracking the 2026-10-25 horizon or sponsor behavior should await amended schedules showing quantitative shifts before recalibrating redemption expectations or conversion assumptions.
What changed: Routine compliance exhibit titled JOINT FILING AGREEMENT attached to Schedule 13G filings by Harraden Circle-affiliated entities and Frederick V. Fortmiller, Jr. The Harraden Circle investment vehicles and Mr. Fortmiller mutually agree to file their beneficial ownership reports collectively under Rule 13d-1(k). The agreement discloses no amendments to redemption deadlines, trust account valuations ($10.6 per share), extension mechanisms, merger timelines (October 25, 2026), or de-SPAC deal progress. It does not report executive departures, sponsor conduct adjustments, or structural changes to the trust or warrant mechanics. Why it matters: By consolidating reporting obligations across six funds and one individual, the parties establish how future aggregate share movements will be tracked by the SEC, which directly affects how investors monitor voting concentration and potential redemption pressure. Because the Harraden Circle entities disclose only administrative coordination and omit target selection, customer or revenue projections, technology deployments, partnership announcements, or leadership changes, the filing signals routine regulatory housekeeping rather than operational development. The SEARCHING designation and original deadline remain unaltered, making the document a clear marker that the SPAC continues operating under standard redemption windows while investors wait for a subsequent business combination announcement or formal extension vote.
What changed: A Joint Filing Agreement (Exhibit 1) attached to an amended Schedule 13G (SEC Form 13G/A), executed on April 7, 2025, by Integrated Core Strategies (US) LLC, Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander, confirming their intent to submit consolidated SEC disclosures regarding beneficial ownership of Class A Ordinary Shares of Bold Eagle Acquisition Corp. par value $0.0001 per share under Rule 13d-1(k). The filing adjusts only the administrative routing of existing Schedule 13G reports to consolidate the Millennium family entities and Israel A. Englander under a single joint filer designation. It does not amend BEAG’s redemption window, the per-share trust balance referenced in the surrounding SEC data package, the corporate dissolution deadline referenced in the surrounding data package, or any active business combination search. The document contains no modifications to redemption mechanics, trust distribution protocols, extension voting procedures, or sponsor governance terms. Why it matters: Investors tracking SPAC structural timelines should treat this filing as routine regulatory housekeeping rather than a signal of capital market activity, redemption triggers, or deal milestones. As expressly confirmed in the exhibit text, Gil Raviv, identified as Global General Counsel, executed the agreement on behalf of the listed entities solely to authorize procedural coordination, and the filing itself contains no claims regarding customer concentration, revenue targets, market sizing, technology infrastructure, strategic partnerships, pending litigation, or key personnel changes. While the amendment verifies sustained institutional positioning by the Millennium funds and Israel A. Englander, it supplies no forward-looking signals regarding the redemption calendar, trust preservation strategies, or negotiation status with potential target companies.
What changed: Form 10-K annual report for the fiscal year ended December 31, 2024, filed by Bold Eagle Acquisition Corp. (BEAG), a blank-check company still searching for a business combination. First annual report since IPO. Key financial data: trust account $260,033,862 ($10.04 per public share redemption value), cash $183,491, working capital $45,253. Completed IPO of 25,800,000 units at $10.00 on October 25, 2024, and partial over-allotment on December 9, 2024 for 800,000 additional units. Sponsor holds 5,160,000 founder shares and 358,000 private placement shares. Net income of $2,043,928 for 2024 (from interest income and gains). No definitive agreement announced. Deadline to complete business combination is October 25, 2026. No redemptions yet. Why it matters: Establishes baseline trust value per share slightly above $10 due to interest. Reaffirms sponsor's commitment to cap founder share dilution at 1% for deals ≥$3B pro forma equity value. Provides updated financial health and cash runway. No new business combination target identified. Risk factors include potential investment company classification and sponsor indemnification limitations.
What changed: A Schedule 13G/A, classified as a routine SEC compliance exhibit (an amendment to a beneficial ownership report). According to the filing, Barclays PLC has submitted an amended disclosure of its equity position in BEAG. The excerpt provides no percentage acquired or divested, no transaction dates, and no language altering or referencing redemption deadlines, trust value per share, extension mechanisms, business combination progress, or sponsor conduct. Why it matters: Per Barclays PLC, the amendment reflects a regulatory update to a stake exceeding five percent, which typically denotes passive indexing or routine portfolio rebalancing rather than active merger negotiation or extension financing. The document contains no further substance regarding customer claims, revenue, market size, strategy, technology, partnerships, litigation, or personnel.
What changed: A Schedule 13G beneficial ownership report filed by the Healthcare of Ontario Pension Plan Trust Fund. The filing registers the pension fund’s equity position in BEAG, but provides no share counts, cost bases, acquisition dates, or ownership percentages. Accordingly, there is no disclosed shift in institutional capital that would affect redemption dynamics, trust value stability, extension voting thresholds, or sponsor funding behavior beyond routine regulatory compliance. Why it matters: The Healthcare of Ontario Pension Plan Trust Fund authored this disclosure; however, the document attributes zero claims about customers, revenue, market size, strategy, technology, partnerships, litigation, or personnel to any entity, and it contains no numerical figures whatsoever. Passive institutional reporting can occasionally correlate with extended search phases or preparatory positioning for a business combination, yet this excerpt supplies no operational intelligence to track deal progress, target validation, or trustee conduct relative to announced milestones.(flagged for human review)
What changed: Routine compliance exhibit and Schedule 13G beneficial ownership report filed under Section 13(d) of the Securities Exchange Act. According to the provided excerpt, the filing is a Schedule 13G beneficial ownership report identifying Ramya Rao as the reporting holder. The document makes no reported adjustments to redemption deadlines, trust share valuations, extension provisions, business combination timelines, or sponsor governance or conduct. Attributed solely to the filing’s text, the document also discloses no claims regarding customer relationships, revenue streams, total addressable market sizes, corporate strategy, proprietary technology, partnership structures, pending litigation, or executive personnel changes. Why it matters: For investors monitoring SPAC lifecycle mechanics, this filing supplies baseline transparency regarding aggregate beneficial ownership for the named individual but does not independently signal modifications to redemption windows, capital preservation rules, extension voting thresholds, or target acquisition velocity. Based strictly on the excerpt, the report does not materially alter the tracking of Bold Eagle’s SEARCHING designation, sponsor accountability, or capital deployment milestones, as no operational or structural developments are attributed to the filing.
What changed: Current Report on Form 8-K disclosing the closing of a partial underwriter over-allotment option exercise and concurrent private placement share transactions. According to the filing submitted by Bold Eagle Acquisition Corp. and signed by Chief Executive Officer Eli Baker on December 13, 2024, the company closed on December 9, 2024, the issuance of 800,000 additional Units at $10.00 per Unit, generating $8,000,000 in gross proceeds. Simultaneously, sponsor Eagle Equity Partners IV, LLC purchased 8,000 Private Placement Shares at $10.00 per share, yielding $80,000. The filing states that $8,000,000 of net proceeds were deposited into the trust account maintained at J.P. Morgan Chase Bank, N.A., bringing the aggregate trust balance to $258,000,000. Due to the partial over-allotment exercise, the sponsor forfeited 2,027,500 Class B ordinary founder shares, reducing the sponsor's aggregate holdings to 5,160,000 founder shares. The attached pro forma unaudited balance sheet records total current liabilities of $92,133, deferred underwriting commissions of $9,030,000, and a total shareholders' deficit of $(8,791,608). Why it matters: The transaction mechanically increases the SPAC's liquidity for a potential business combination while maintaining the documented per-share trust deposit amount of $10.00. The automatic forfeiture of 2,027,500 founder shares by the sponsor standardizes promoter equity dilution relative to public float expansion, directly affecting post-combination ownership percentages and economic returns. The October 25, 2026 redemption deadline remains unchanged. Beyond capital structure adjustments and financial statement updates, the registrant discloses no claims regarding revenue streams, customer concentration, market sizing, technological assets, strategic partnerships, active litigation, or executive departures. All financial adjustments, liability accretions, and equity reclassifications are presented exclusively through the company's submitted Exhibit 99.1 and accompanying pro forma notes.
What changed: A Form 8-K current report accompanied by Exhibit 99.1, a press release announcing the operational step of separating the company's listed units into their underlying equity and rights components. Mechanics: The company announced that holders of its units may elect to separately trade the Class A ordinary shares and the embedded 'Eagle Share Rights' commencing on or about December 16, 2024. Per the filing, any units not separated will continue trading on Nasdaq under 'BEAGU', while the separated Class A ordinary shares and rights will trade independently under 'BEAG' and 'BEAGR'. The press release specifies that investors must direct their brokers to contact transfer agent Continental Stock Transfer & Trust Company to facilitate the split, and explicitly states that no fractional Eagle Share Rights will be issued, meaning only whole rights will trade. This event does not alter the tracked redemption deadline of October 25, 2026, nor does it change the tracked per-share trust amount of $10.60; it simply activates pre-existing registration rights declared effective by the SEC on October 23, 2024. Why it matters: Substance & Strategy: According to the filing, this separation follows the completion of the initial public offering on October 25, 2024, and the partial exercise of the underwriters' over-allotment option on December 9, 2024. The company states it issued a total of 25,800,000 units, which includes 800,000 additional units from the over-allotment. The press release outlines the sponsor structure, identifying Eagle Equity Partners IV, LLC as the sponsor, with Harry Sloan and Jeff Sagansky serving as Co-Chairmen and Eli Baker as Chief Executive Officer. The document attributes the strategic search mandate to management's 'established global relationships and operating experience,' noting they operate a blank-check vehicle with no limitations on industry, sector, or geographic region. Ryan O’Connor is named as Chief Financial Officer. Until a business combination target is identified, shareholders retain the unlocked ability to divest the equity portion or hold the rights for potential dilution/value realization upon consummation.
What changed: A Form 8-K current report accompanied by Exhibit 99.1, a press release announcing the decoupling of publicly listed units into separate class A ordinary shares and eagle share rights. Mechanics update: Per the press release filed as Exhibit 99.1 to this Form 8-K, holders of the 25,800,000 units sold in the initial public offering completed on October 25, 2024—including 800,000 units issued upon exercise of the underwriters’ over-allotment option on December 9, 2024—may elect to separate the units into class A ordinary shares and rights beginning on or about December 16, 2024. Each unit consists of one class A ordinary share and one right to receive one twentieth (1/20) of a class A ordinary share upon consummation of an initial business combination. Holders must direct brokers to contact Continental Stock Transfer & Trust Company to facilitate separation. Separately traded shares and rights will list under symbols “BEAG” and “BEAGR,” while unseparated units remain “BEAGU.” The filing does not amend the stated October 25, 2026 redemption deadline, the existing trust balance per share, or any extension provisions. Substance & claims: The press release outlines the company’s business purpose as a blank check entity seeking to effect a merger, share exchange, asset acquisition, share purchase, or reorganization. The registrant states its target search will not be limited to a particular industry, sector, or geographic region. Management attributes its strategic approach to capitalizing on established global relationships and operating experience. Regarding personnel, the filing reports that Chief Executive Officer Eli Baker has served in various capacities across seven of Eagle Equity’s prior public acquisition vehicles, most recently as chief executive officer of Screaming Eagle Acquisition Corp. Co-chairmen Harry Sloan and Jeff Sagansky lead the sponsor, Eagle Equity Partners IV, LLC. Chief Financial Officer Ryan O’Connor is identified as having previously served as vice president of finance for Screaming Eagle Acquisition Corp. The document contains no claims regarding customers, revenue, market size, technology, partnerships, or litigation. Why it matters: For investors tracking capital structure mechanics, this filing confirms the scheduled transition from combined units to split shares and fractional-free rights, establishing clear secondary market trading identifiers ahead of the extended pre-combination period. By explicitly confirming that only whole rights will trade upon separation, it removes ambiguity around liquidity and settlement mechanics for the equity kicker. The restatement of an unrestricted geographic and sectoral mandate, coupled with documentation of leadership continuity spanning seven preceding vehicles, provides baseline transparency on execution capacity and strategic flexibility while the trust awaits deployment. No operational, financial, or litigation developments are introduced, but the mechanical clarity directly impacts how shareholders will access underlying share value versus contingent rights ahead of any potential redemption or business combination vote.
What changed: SEC Form 4 – Statement of Changes in Beneficial Ownership (insider report). This is an SEC Form 4 insider ownership report documenting that Eagle Equity Partners IV, LLC—a director, 10% owner, and Director by Deputization—acquired 8,000 shares at $10 per share on 2024-12-09 through a grant/award. Its total reported balance stands at 358,000 shares after the transaction. The filing leaves the stated $10.6 trust/share value, the 2026-10-25 conversion deadline, and all redemption trust mechanics entirely unmodified. Why it matters: The acquisition reflects a marginal increase in sponsor-affiliated ownership with zero mechanical impact on redemption windows, trust disbursement schedules, extension voting, or target search timelines. Because the transaction involves routine grant/award shares at a nominal dollar figure rather than open-market activity at the prevailing trust level, it does not signal altered redemption pressure or funding shortfalls. No statements concerning customers, revenue streams, addressable market size, commercial strategy, proprietary technology, strategic partnerships, active litigation, or executive personnel changes are contained in the document. Strategic and operational disclosures remain bound to earlier periodic filings.
What changed: 10-Q quarterly report for Bold Eagle Acquisition Corp. for the period ended September 30, 2024, filed December 5, 2024, after the IPO was consummated. The document provides pre-IPO financial statements and subsequent-event disclosure of the IPO and private placement. The SPAC completed its IPO on October 25, 2024: 25,000,000 units at $10.00 per unit, gross proceeds $250,000,000, with $250,000,000 placed in the trust account ($10.00 per public share). Simultaneously, a private placement of 350,000 shares to the sponsor at $10.00 per share raised $3,500,000 (of which $2,500,000 went into trust). Prior to the IPO, on June 25, 2024, the sponsor surrendered 50,312,500 founder shares for no consideration, reducing founder shares to 7,187,500. As of September 30, 2024, the company had $0 cash and a working capital deficiency of $450,279; post-IPO it held approximately $400,788 outside trust. The underwriters were granted a 45-day over-allotment option (not yet exercised). Trust proceeds are invested in money market funds investing in U.S. Treasury obligations. No business combination target has been identified. The completion window is 24 months from the IPO (October 25, 2026). Why it matters: Confirms the trust value is $10.00 per share, not $10.60 as previously assumed. The deadline to complete a business combination is October 25, 2026, with potential for extension by shareholder vote. Redemption rights are standard: shareholders may redeem at $10.00 per share plus interest upon a business combination. The sponsor's surrender of ~50 million founder shares reduces potential dilution. The trust is invested in U.S. Treasury money market funds. No target or LOI has been announced, indicating the SPAC is in an early search phase. Working capital of $400,788 appears sufficient near-term. Underwriters have a deferred fee of $8,750,000 payable only upon deal completion.
What changed: An SEC Schedule 13G compliance filing reporting institutional beneficial ownership of Bold Eagle Acquisition Corp.’s Class A ordinary shares. According to the Schedule 13G filed November 07, 2024, AQR Capital Management, LLC, AQR Capital Management Holdings, LLC, and AQR Arbitrage, LLC report a combined beneficial ownership of 2,846,250 Class A ordinary shares, representing 11.23% of the outstanding class as of October 31, 2024. The filing states these securities were acquired and are held in the ordinary course of business and were not acquired for the purpose of changing or influencing control of the issuer. The document does not update BEAG’s redemption deadline, trust value per share, or October 25, 2026 expiration timeline, nor does it disclose target acquisition progress or sponsor conduct adjustments. Why it matters: As disclosed in the 13G, the concentration of 2,846,250 shares (11.23%) within a single AQR complex provides a measurable snapshot of institutional positioning in a SPAC currently in the searching phase. Because the filer explicitly attests that the 2,846,250 shares were not obtained to influence control or accelerate redemption timelines, AQR does not appear to be coordinating activist pressure on the sponsor. For investors tracking pre-deal liquidity, voting capacity, and potential support for extension proposals, monitoring whether AQR adjusts this 2,846,250-share stake offers a concrete gauge of institutional sentiment toward BEAG’s future merger candidate selection.
What changed: A Form 8-K Current Report and accompanying audited balance sheet and financial statement notes announcing the consummation of an initial public offering (IPO) and parallel private placement. The filing confirms Bold Eagle Acquisition Corp. closed its IPO on October 25, 2024, selling 25,000,000 Units at $10.00 per Unit for $250,000,000 in gross proceeds, simultaneously executing a private sale of 350,000 Class A ordinary shares to Eagle Equity Partners IV, LLC for $3,500,000. Per the audited balance sheet and Note 1, $250,000,000 was deposited into a trust account at J.P. Morgan Chase Bank, N.A., maintained by Continental Stock Transfer & Trust Company. The document codifies a strict 24-month Completion Window from the October 25, 2024 closing to complete a business combination, noting any extension requires public shareholder approval to amend the charter. Redemption mechanics are explicitly defined: public shareholders may redeem for a pro rata portion of the trust account (initially calculated at $10.00 per share), including accrued interest net of up to $1,000,000 in annual working capital withdrawals and applicable taxes, restricted to 15% of public shares per investor group without prior written consent. Note 5 states the sponsor has contractually waived all redemption and liquidation rights for its founder and private placement shares, while the underwriters waived entitlement to $8,750,000 in deferred underwriting commissions if the company fails to close a deal. Transaction costs totaled $11,896,413, leaving $400,788 in cash outside the trust and a reported working capital position of $35,755 after accounting for $92,133 in accounts payable, a $298,500 over-allotment liability, and a $542,975 outstanding related-party promissory note. An administrative services agreement obligates the company to pay a sponsor affiliate $15,000 monthly. Why it matters: This filing removes ambiguity around the trust balance and operational timeline, anchoring a definitive deadline approximately 24 months after October 25, 2024, which directly governs the final redemption calendar or mandatory liquidation trigger. The documented waivers by the sponsor and underwriters materially lower the downside risk for public shareholders upon failure, as those parties forfeit their equity stakes and unpaid fees to preserve the full trust deposit for redemptions. However, the sub-$401,000 external cash reserve relative to immediate liabilities and the recurring $15,000 monthly administrative drawdown indicates heavy reliance on the permitted annual $1,000,000 trust interest release or additional sponsor promissory advances to fund diligence, legal counsel, and travel during the search phase. The notes disclose a 60% probability-of-de-SPAC assumption applied to the Eagle Share Rights valuation, citing SPACInsider.com market averages and the sponsor’s self-reported 100% historical completion track record, which frames internal timeline expectations. Management explicitly represents the company has not commenced operations and will generate no operating revenues until a business combination is finalized, confirming a pre-deal status with unrestricted geographic and sector search parameters. Risk disclosures reference the Russia-Ukraine conflict and Israel-Hamas escalation as potential macroeconomic disruptions to target sourcing and capital markets, though the filing contains no information on specific customers, revenue streams, market size estimates, proprietary technology, strategic partnerships, pending litigation, or personnel changes beyond the executive signature authorizing the report.
What changed: Initial Schedule 13D on Bold Eagle Acquisition Corp. Class A ordinary shares (CUSIP G2003N 105), event date October 25, 2024 (IPO closing), filed by sponsor Eagle Equity Partners IV, LLC, whose managing members are Harry Sloan, Eli Baker (issuer CEO and director) and Jeff Sagansky (co-chairman). The sponsor reports 7,537,500 shares, 23.17% of the class, comprising 7,187,500 Class B founder shares (up to 2,187,500 subject to forfeiture/surrender) and 350,000 Class A private placement shares bought at $10.00 for $3,500,000. The founder shares trace to a March 23, 2021 payment of $25,000 for 57,500,000 Class B shares, of which 50,312,500 were surrendered for no consideration on June 25, 2024. The sponsor must additionally surrender founder shares equal to the Class A shares underlying the Eagle Share Rights in the IPO units — 1,250,000 if the over-allotment is not exercised, up to 1,437,500 if exercised in full. Critically, if a business combination has a pro forma equity value of $3 billion or more, the Letter Agreement requires the sponsor to restructure its fully vested founder shares down to approximately 1% of that pro forma equity value. Percentages are based on 25,350,000 Class A and 7,187,500 Class B shares outstanding per the issuer's October 25, 2024 Form 8-K. Why it matters: The $3 billion promote-reset is the standout term: on a large deal the Eagle sponsor's 7.19 million founder shares collapse to roughly 1% of pro forma equity value, materially reducing the dilution non-redeeming holders would otherwise bear — a genuinely shareholder-favourable structure rare in this cohort.
What changed: A joint Schedule 13G filing submitted pursuant to Rule 13d-1(c) under the Securities Exchange Act of 1934 by Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander, disclosing beneficial ownership of Bold Eagle Acquisition Corp.’s Class A ordinary shares, par value $0.0001 per share. As of October 24, 2024, the reporting persons collectively hold 1,308,425 shares, representing 5.2% of the class, with all voting and dispositive power shared among the three entities. The filing contains no amendments to redemption calendars, trust account distribution mechanics, extension vote provisions, or target acquisition timelines. Item 2(e) clarifies that while the units carry CUSIP G2003N113, a discrete CUSIP for the Class A ordinary shares remains unavailable. The coverage boxes confirm the filing is made under Rule 13d-1(c) and excludes broker-dealer, bank, insurance company, registered investment company, employee benefit plan, endowment fund, parent holding company, savings association, church plan, or group classifications under §240.13d-1(b)(1)(ii). Why it matters: This submission documents institutional accumulation during the issuer’s “SEARCHING” phase without altering the SPAC’s structural timeline or capital mechanics. The reporting persons state the 1,308,425 shares are held with shared management authority across Millennium’s Delaware-organized vehicles and Israel A. Englander, indicating portfolio positioning rather than active business combination pursuit. Global General Counsel Gil Raviv signs the filing to certify the securities were not acquired for the purpose of changing or influencing control, nor in connection with any transaction carrying that objective. The document contains zero claims regarding customer relationships, revenue concentrations, addressable market sizes, strategic roadmaps, proprietary technology, commercial partnerships, pending litigation, or executive transitions. For investors tracking the October 25, 2026 termination window and ongoing sponsorship conduct, the filing functions strictly as a periodic ownership checkpoint attributable entirely to the filers’ declared investment discretion, offering no predictive signal regarding redemption pressure, trust preservation strategies, or merger execution pace.
What changed: A Form 4 insider ownership report documenting a share acquisition by Eagle Equity Partners IV, LLC, identified in the filing as a director and 10% owner acting through Deputy designee. Per the filing, Eagle Equity Partners IV, LLC acquired 350,000 shares at $10 per share via a grant/award on 2024-10-25, leaving the entity with 350,000 total shares. No changes to SPAC mechanics are reported: the $10.6 trust value per share, the 2026-10-25 redemption deadline, and the SEARCHING status remain unaltered, indicating no extension proposals, tender offers, or combination timelines have been modified. Why it matters: This disclosure reflects routine sponsor equity positioning without impacting investor redemption calendars, trust accounting, or deal execution schedules. The $10 acquisition price and 350,000 share award magnitude correspond to the initial public offering anchor allocation described in the prospectus, rather than secondary market activity. The filing contains zero substantive claims regarding target selection criteria, projected revenues, addressable market sizes, proprietary technology, commercial partnerships, active litigation, or executive personnel movements. Any assertions about corporate strategy or business development would require attribution to named officers or sponsor representatives in subsequent 8-Ks or proxy materials; absent such statements, the document solely records the insider position update cited by Eagle Equity Partners IV, LLC.
What changed: Current Report on Form 8-K filed by Bold Eagle Acquisition Corp. to announce the consummation of its initial public offering, including the deposit of proceeds into trust and the execution of related agreements. The SPAC completed its IPO of 25,000,000 units at $10.00 per unit, generating $250,000,000 gross proceeds. The trust account was funded with $250,000,000 ($10.00 per unit), comprising IPO proceeds net of underwriting discounts and expenses, and proceeds from a private placement of 350,000 Class A shares at $10.00 per share to the sponsor. The sponsor agreed to forfeit founder shares if the over-allotment option is not exercised in full. The business combination deadline is 24 months from the closing of the IPO (October 25, 2026). The board of directors was expanded with five new independent directors. A warrantless structure was implemented, with each unit consisting of one Class A share and one right to receive 1/20 of a Class A share upon a business combination. Why it matters: This filing establishes the core capital structure, trust value, redemption timeline, and sponsor commitments for a new $250 million SPAC. Investors tracking the redemption calendar now know the per‑share trust value ($10.00 at IPO), the deadline (October 25, 2026), and the unique terms: no warrants, sponsor share forfeiture tied to over-allotment, and a provision requiring sponsor to reduce its stake to ~1% of pro forma equity if the target has a $3 billion+ valuation. The board composition and lock‑up periods are also set. This is the foundational document for monitoring future redemption windows and sponsor conduct.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.