Company: BCAR
Filing Date: 2025-07-23
Form Type: S-1/A
Source: 0001829126-25-005309
Chunk: 204

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-07-23
Form: S-1/A
Chunk 204
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 approval threshold has been obtained to pass an ordinary resolution,
so long as we offer redemption in connection with such amendment.

If we provide our public shareholders with the opportunity to redeem their public shares in connection with a general meeting, we will, pursuant to our amended and restated memorandum and articles of association:

| ● | conduct the redemptions in conjunction with a proxy solicitation pursuant to Regulation 14A of the Exchange Act, which regulates the solicitation of proxies, and not pursuant to the tender offer rules, and |

| ● | file proxy materials with the SEC. |

In the event that we seek shareholder approval of our initial business combination, we will distribute proxy materials and, in connection therewith, provide our public shareholders with the redemption rights described above upon completion of the initial business combination.

If we seek shareholder approval, we will complete
our initial business combination only if we receive an ordinary resolution under British Virgin Islands law and our amended and restated
memorandum and articles of association, which requires the affirmative vote of at least a majority of the votes cast by such shareholders
as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the company.
A quorum for such meeting will be present if the holders of at least one third of issued and outstanding shares entitled to vote at the
meeting are represented in person or by proxy. Our sponsor, officers and directors and D. Boral Capital will count toward this quorum,
and our sponsor, officers and directors, pursuant to the letter agreement, and D. Boral Capital pursuant to the underwriting agreement,
have agreed to vote their founder shares, private shares, representative shares and any public shares purchased during or after this
offering (including in open market and privately-negotiated transactions) in favor of our initial business combination (except that any
public shares such parties may purchase in compliance with the requirements of Rule 14e-5 under the Exchange Act would not be voted
in favor of approving the business combination transaction). For purposes of seeking approval of an ordinary resolution, non-votes will
have no effect on the approval of our initial business combination once a quorum is obtained. As a result, in addition to our founder
shares, representative shares, private shares and the representative shares, we would need 5,739,286 public shares, or 22.9% of the 25,000,000
public shares sold in this offering, to be voted in favor of an