Bold Eagle Acquisition Corp. Announces Separate Trading of Class A Ordinary Shares and Eagle Share Rights

Bold Eagle Acquisition Corp. recently disclosed in a Form 8-K filed with the SEC that holders of its units can now opt for individual trading of the Class A ordinary shares and Eagle Share Rights included in the units. The announcement, made through a press release on December 12, 2024, indicated that this separate trading option will be effective from approximately December 16, 2024.

According to the filing, each Unit comprises one Class A Ordinary Share and one right to receive one twentieth (1/20) of a Class A Ordinary Share post the completion of an initial business combination (Eagle Share Right). Should the Units remain undivided, they will continue to be traded on the Nasdaq Global Market under the symbol “BEAGU.” Subsequently, the Class A Ordinary Shares and Eagle Share Rights will be traded separately on Nasdaq under the symbols “BEAG” and “BEAGR,” respectively.

It is important to note that fractional Eagle Share Rights will not be distributed upon the separation of the Units, with only whole Eagle Share Rights available for trading. Holders of Units are advised to liaise with Continental Stock Transfer & Trust Company, handling the Company’s transfer operations, to facilitate the separation of the Units into Class A Ordinary Shares and Eagle Share Rights.

Bold Eagle Acquisition Corp., headed by Eagle Equity Partners’ Harry Sloan, Jeff Sagansky, and Eli Baker, functions as the ninth public acquisition vehicle. The Company completed an initial public offering of 25,800,000 units on October 25, 2024, inclusive of 800,000 units issued based on the exercise of the underwriters’ over-allotment option on December 9, 2024.

While the Company’s search for a prospective initial business combination target is not confined to any specific industry, sector, or geographic region, it aims to leverage its management team’s global relationships and operating expertise to amalgamate with businesses that can benefit from these assets.

The press release further includes cautionary statements on forward-looking information, emphasizing factors beyond the Company’s control that may influence its pursuit of an initial business combination.

Investor and media inquiries can be directed to Ryan O’Connor at (424) 284-3519 or via email at [email protected].

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Bold Eagle Acquisition’s 8K filing here.