Bold Eagle (BEAGU): Lighthouse-Led Group Holds 5.37% (1.404M Shares)
Rhea-AI Filing Summary
Bold Eagle Acquisition Corp. has a group of affiliated investment managers and funds that report beneficial ownership of 1,404,275 Class A ordinary shares, representing 5.37% of the outstanding shares as of June 30, 2025. The reporting persons include Lighthouse Investment Partners, LLC and North Rock Capital Management, LLC, together with several Cayman Islands segregated portfolios and funds.
The holdings are reported with shared voting and shared dispositive power
Positive
- Combined beneficial ownership of 1,404,275 shares (5.37%) is explicitly disclosed
- Reporting group includes registered investment advisers and regulated fund structures, improving transparency
- Filing certifies the position was acquired in the ordinary course and not to influence control
Negative
- No sole voting or dispositive power reported; all authority is listed as shared
- Ownership is held through multiple related entities, which can complicate simple attribution of control
Insights
TL;DR: A Lighthouse-led group discloses a passive >5% stake (1.404M shares, 5.37%), reported with shared voting/dispositive power.
The Schedule 13G shows Lighthouse, North Rock and affiliated segregated portfolios and funds collectively beneficially own 1,404,275 Class A shares of Bold Eagle Acquisition Corp., equal to 5.37% of the class. Ownership is reported as shared voting and shared dispositive power, and the filing includes a certification that the position is held in the ordinary course of business and not to influence control. For investors, this is a material ownership disclosure because it crosses the 5% threshold, but the filing characterizes the position as passive rather than an active control-seeking stake.
TL;DR: Related investment entities disclosed a combined 5.37% interest with shared control; filing emphasizes passive intent.
The report identifies multiple related reporting persons across Delaware and Cayman jurisdictions and notes Lighthouse may be deemed to beneficially own the shares due to its managerial relationships with the portfolios and funds. All reported voting and dispositive powers are shared, and the signatories certify the holdings are not intended to change issuer control. This filing increases transparency about ownership concentration but, per the filing, does not indicate an attempt to alter governance or control.