Bold Eagle Acquisition Corp. announced the pricing of its $250 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “BEAGU”, Thursday, October 24, 2024.
The new SPAC plans to search for a combination target valued at $3 billion or more that would benefit from the relationships and experience brought by Bold Eagle’s team.
That team is to be led by Co-Chairman Harry E. Sloan, Co-Chairman Jeff Sagansky, Chief Executive Officer Eli Baker, and Ryan O’Conner. Its Board is to be made up of Diarmuid Cummins, Amy Gershkoff Bolles, Jason Park, Anna Marie Wagner, and Simon Watson.
Total SPAC deal count for 2024 year-to-date is now 40. This offering is expected to close on Friday, October 25, 2024.
UBS Investment Bank and Jefferies are acting as the representatives of the underwriters for the offering. White & Case LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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