04:48 AM EDT, 09/23/2024 (MT Newswires) -- Bold Eagle Acquisition on Friday filed for a $250 million initial public offering with the US Securities and Exchange Commission.

The IPO consists of 25 million units priced at $10 per share. Each unit consists of one class A ordinary share and one right to receive one-twentieth of a class A ordinary share upon completing a merger.

Underwriters have a 45-day option to purchase up to about 3.8 million additional units.

The blank-check firm said it intends to apply its units on the Nasdaq Global Market under the ticker symbol, "BEAGU." Once the securities comprising the units begin trading separately, the class A ordinary shares will be listed under the ticker symbol, "BEAG," while the share rights will be listed under the symbol, "BEAGR."