Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 302

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 302
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The underwriting agreement provides that following the completion of this offering, the obligations of the underwriters with respect to this offering will be deemed to be satisfied and the underwriters are not bound by any commitment or obligation to offer or sell to the public any of our securities or of any target business in an initial business combination or otherwise solicit holders of our securities or any target business in an initial business combination to approve the business combination.

Deferred Underwriting Commissions

If we do not complete our initial business combination within the completion window and subsequently liquidate, the trustee and the underwriters have agreed that (i) they will forfeit any rights or claims to their deferred underwriting commissions, including any accrued interest thereon, then in the trust account upon liquidation, and (ii) that the deferred underwriting commissions will be distributed on a pro rata basis, including interest earned on the funds held in the trust account (less taxes payable, other than any excise or similar tax that may be due or payable), to the public shareholders.

Conflicts of Interest

Our Chairman and Chief Executive Officer, David Boral, is an affiliate of D. Boral Capital, the sole book-running manager and representative
of the underwriters in this offering. As a result, D. Boral Capital is deemed to have a “conflict of interest” within the meaning of FINRA Rule 5121. Accordingly, this offering is being made in compliance with the applicable requirements of Rule 5121. D. Boral Capital will not confirm sales to any account over which it exercises discretionary authority without the specific prior written approval of the account holder. In addition, Rule 5121 requires that a “qualified independent underwriter,” as defined in Rule 5121, participate in the preparation of the registration statement and prospectus and exercise the usual standards of due diligence with respect thereto. [________] has agreed to act as a qualified independent underwriter for this offering. We have agreed to indemnify [________] against certain liabilities incurred in connection with acting as a qualified independent underwriter, including liabilities under the Securities Act. [_________] will receive a fee of $[____] upon the completion of this offering for acting as qualified independent underwriter.

Right of First Refusal

Subject to certain conditions, we granted D.
Boral Capital a right of first refusal with a term of twenty-four (24) months commencing upon the closing of the initial business combination
to act as (i) exclusive financial advisor and (ii) exclusive placement agent for