Company: BCAR
Filing Date: 2025-06-30
Form Type: S-1/A
Source: 0001829126-25-004773
Chunk: 187

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-06-30
Form: S-1/A
Chunk 187
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 issued in Edoc Acquisition Corp.’s initial public offering. Following the closing of the business combination with AOI on March 21, 2024, the common stock and warrants of AOI began trading on Nasdaq on March 22, 2024, under the ticker symbols “COOT” and “COOTW,” respectively. On June 5, 2025, the closing sale price of COOT and COOTW were $0.7589 and $0.0182, respectively. As of June 5, 2025, the aggregate market capitalization of AOI reflects a market value of approximately $21,066,186.

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InFinT Acquisition Corporation

Mr. Chen previously served board member of InFinT Acquisition Corporation from November 2021 to August 2024. INFINT Acquisition Corporation completed its initial public offering on November 23, 2021, in which it raised aggregate proceeds of approximately $199,998,800. On August 3, 2022, InFinT Acquisition Corporation announced that it had entered into a definitive agreement for a business combination with Seamless Group Inc., a Cayman Islands exempted company (“Seamless”). On August 6, 2023, InFinT Acquisition Corporation held a special meeting of stockholders to approve the business combination and between the initial public offering and the special meeting to approve the business combination, approximately 15,252,859 public shares were redeemed, representing approximately 76% of the public shares issued in InFinT Acquisition Corporation’s initial public offering. Following the closing of the business combination with Seamless on August 30, 2024, the common stock of Seamless began trading on Nasdaq on August 31, 2024, under the ticker symbols “CURR”. On June 5, 2025, the closing sale price of CURR was $0.50. As of June 5, 2025, the aggregate market capitalization of Seamless reflects a market value of approximately $23,264,000.

However, in recent years, a number of target businesses have underperformed financially post-business combination with a SPAC. As a result, we cannot assure you that we will properly ascertain or assess all of the significant risk factors associated with a target business or that the price of the shares of the combined entity post-business combination will increase.

With respect to the foregoing experiences of our management team, past performance is not a guarantee (i) that we