Eagle Equity Partners IV, LLC - Dec 9, 2024 Form 4 Insider Report for Bold Eagle Acquisition Corp. (BEAG)

Signature
/s/ Daniel Nussen, Attorney-in-Fact for Eagle Equity Partners IV, LLC
Stock symbol
BEAG
Transactions as of
Dec 9, 2024
Transactions value $
$80,000
Form type
4
Date filed
12/9/2024, 05:18 PM
Previous filing
Oct 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BEAG Class A Ordinary Shares Award $80K +8K +2.29% $10.00 358K Dec 9, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BEAG Class B Ordinary Shares Other $0 -2.03M -28.21% $0.00 5.16M Dec 9, 2024 Class A Ordinary Shares 2.03M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Eagle Equity Partners IV, LLC is the record holder of the securities reported herein. Harry Sloan, Eli Baker and Jeff Sagansky are the managing members of Eagle Equity Partners IV, LLC. Each managing member has one vote, and the approval of a majority is required to approve an action. Under the so-called "rule of three," if voting and dispositive decisions regarding an entity's securities are made by three or more individuals, and voting or dispositive decisions require the approval of a majority of those individuals, then none of the individuals is deemed a beneficial owner of the entity's securities. Based on the foregoing, no individual managing member of Eagle Equity Partners IV, LLC exercises voting or dispositive control over any of the securities held by the entity, even those in which he holds a pecuniary interest. Accordingly, each managing member will not be deemed to have or share beneficial ownership of the securities held by Eagle Equity Partners IV, LLC.
F2 On December 9, 2024, Eagle Equity Partners IV, LLC forfeited at no cost 2,027,500 Class B Ordinary Shares of the Issuer in connection with the closing of the Issuer's initial public offering and the election by the underwriters of the Issuer's initial public offering of units to partially exercise an option granted to them to cover over-allotments.
F3 As described in the Issuer's Registration Statement under the heading "Description of Securities - Founder Shares and Private Placement Shares", will automatically convert into Class A Ordinary Shares immediately prior to, concurrently with or immediately following the consummation of the Issuer's initial business combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like, and have no expiration date.

Remarks:

Messrs. Sloan, Baker and Sagansky serve on the Board of Directors of the Issuer and Mr. Baker is also the Chief Executive Officer of the Issuer. Eagle Equity Partners IV, LLC may be deemed to be a director by deputization as a result of the service of Messrs. Sloan, Baker and Sagansky.