Eagle Equity Partners IV, LLC filed a Form 4 with the SEC on October 26, 2026, reporting the conversion of 5,159,999 Class B ordinary shares of Bold Eagle Acquisition Corp. into Class A ordinary shares on October 23, 2026.

Key Highlights

  • Conversion transaction: Eagle Equity Partners IV, LLC converted 5,159,999 Class B ordinary shares into Class A ordinary shares on October 23, 2026.
  • One-for-one basis, no consideration: According to the filing, the conversion was made on a one-for-one basis for no consideration.
  • Resulting ownership: Following the transaction, Eagle Equity Partners IV, LLC directly holds 5,517,999 Class A ordinary shares, per the filing.
  • Derivative position: The filing reports Eagle Equity Partners IV, LLC now holds 1 Class B ordinary share following the transaction.
  • Managing members: The filing identifies Eli Baker, Jeff Sagansky, and Harry Sloan as managing members of Eagle Equity Partners IV, LLC, each serving on the issuer's board of directors.
  • Transaction code: The transaction is coded "C," indicating a conversion, in both Table I and Table II of the filing.

Eagle Equity Partners IV Elects Early Class B-to-Class A Conversion at Bold Eagle Acquisition Corp.

According to the Form 4 filed with the SEC on October 26, 2026, Eagle Equity Partners IV, LLC elected to convert 5,159,999 Class B ordinary shares, par value $0.0001 per share, of Bold Eagle Acquisition Corp. (NASDAQ:BEAG) into Class A ordinary shares, par value $0.0001 per share, on October 23, 2026. The filing states the conversion was made on a one-for-one basis for no consideration. Following the transaction, the reporting person directly holds 5,517,999 Class A ordinary shares, with 1 Class B ordinary share remaining.

The filing explains that, as described in the issuer's Registration Statement, Class B ordinary 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." The conversion price of the derivative security is listed as $0.00.

The filing further notes that Eagle Equity Partners IV, LLC is the record holder of the reported securities. Its three managing members, Eli Baker, Jeff Sagansky, and Harry Sloan, each serve on the board of directors of Bold Eagle Acquisition Corp., and Mr. Baker is also identified as the company's Chief Executive Officer. The filing states that under the "rule of three," no individual managing member is deemed a beneficial owner of the entity's securities, as voting and dispositive decisions require majority approval among the three. Eagle Equity Partners IV, LLC is described as a director by deputization as a result of the managing members' board service.

What Was Disclosed

Eagle Equity Partners IV, LLC reported the conversion of 5,159,999 Class B ordinary shares of Bold Eagle Acquisition Corp. into Class A ordinary shares on October 23, 2026, for no consideration, resulting in direct beneficial ownership of 5,517,999 Class A ordinary shares.