Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 92

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 92
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 including their warrant agreements. For example, special purpose acquisition companies have extended the time to
consummate an initial business combination and, with respect to their warrants, amended their warrant agreements to require the
warrants to be exchanged for cash and/or other securities. Amending our amended and restated memorandum and articles of association
will require an ordinary resolution under British Virgin Islands law, which requires the affirmative vote of in excess of 50 percent of the votes of the holders of the ordinary Shares as, being entitled to do so, vote in person or, where proxies are allowed,
by proxy at a general meeting of the company of which notice has been duly given, or a resolution approved in writing by in excess
of 50 percent of the votes of the holders of the issued shares entitled to vote on such matter, but if any such resolution is adopted otherwise than by the unanimous written consent of all shareholders, a copy of such resolution shall
as soon as reasonably practicable be sent to all shareholders not consenting to such resolution.
Amending our warrant agreement will require a vote of holders of at least 50% of the public warrants and, solely with respect to any
amendment to the terms of the private warrants or any provision of the warrant agreement with respect to the private warrants
(including, for the avoidance of doubt, the forfeiture or cancellation of any private warrants), 50% of the then outstanding private
warrants (including the vote or written consent of D. Boral Capital). In addition, our amended and restated memorandum and articles
of association requires us to provide our public shareholders with the opportunity to redeem their public shares, regardless of
whether they abstain, vote for, or vote against, our initial business combination, for cash if we propose an amendment to our
amended and restated memorandum and articles of association (A) to modify the substance or timing of our obligation to allow
redemption in connection with our initial business combination or to redeem 100% of our public shares if we do not complete an
initial business combination within the completion window or (B) with respect to any other material provisions relating to
shareholders’ rights or pre-initial business combination activity. To the extent any of such amendments would be deemed to
fundamentally change the nature of the securities offered through this registration statement, we would register, or seek an
exemption from registration for, the affected securities. We cannot assure you that we will not seek to amend our charter or
governing instruments or extend the time