Company: BCAR
Filing Date: 2025-09-03
Form Type: 10-Q
Source: 0001829126-25-007047
Chunk: 15

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-09-03
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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 Units at the
         Initial Public Offering price to cover over-allotments, if any. Each Unit consists
         of one Ordinary Share and one-half of one redeemable warrant. Each whole warrant entitles
         the holder thereof to purchase one Class A ordinary share at a price of $11.50 per
         share, subject to adjustment.

    11

NOTE 4. PRIVATE PLACEMENT
       
      Simultaneously with the closing of the Initial
Public Offering, the Sponsor purchased an aggregate of 200,000 Private Units at a price of $10.00 per Placement Unit raising $2,000,000
in the aggregate.

      The proceeds from the sale of the Private Units were added to the net proceeds from
         the Offering held in the Trust Account. The Placement Units are identical to the Units
         sold in the Initial Public Offering, as described in Note 7. If the Company does not
         complete a Business Combination within the Combination Period, the proceeds from the
         sale of the Private Units will be used to fund the redemption of the Public Shares
         (subject to the requirements of applicable law) and the Private Warrants will expire
         worthless.

NOTE 5. RELATED PARTY TRANSACTIONS
       
      Founder Shares
       
      On March 25, 2025, the Company issued an aggregate of 12,321,429 founder shares to the Sponsor
         for an aggregate purchase price of $25,000 in cash. The funds were received on May 27, 2025. Such ordinary shares includes an aggregate of up to 1,607,143 shares subject
         to forfeiture by the Sponsor to the extent that the underwriters’ over-allotment is not exercised in full or in part, so that the Sponsor will collectively
         own 30% of the outstanding shares after this offering (not including the Class A ordinary
         shares that are included within the private units).
       
      The founder shares are designated as Class B ordinary shares and, except as described
         below, are identical to the Class A ordinary shares included in the units being sold
         in this offering, and holders of founder shares have the same shareholder rights as
         public shareholders, except that (i) the founder shares are subject to certain transfer
         restrictions, as described in more detail below, (ii) the founder shares are entitled
         to registration rights; (iii) our sponsor, officers and directors have entered into
         a letter