Company: BCAR
Filing Date: 2025-07-21
Form Type: S-1/A
Source: 0001829126-25-005234
Chunk: 6

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-07-21
Form: S-1/A
Chunk 6
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 sponsor acquired the Class
B ordinary shares at a nominal price, our public shareholders will incur an immediate and substantial dilution upon the closing of this
offering, assuming no value is ascribed to the warrants included in the units. In the case that additional Class A ordinary shares, or
equity-linked securities (as described herein), are issued or deemed issued in excess of the amounts issued in this offering and related
to the closing of our initial business combination, the ratio at which the Class B ordinary shares will convert into Class A ordinary
shares will be adjusted (unless the holders of a majority of the issued and outstanding Class B ordinary shares agree to waive such anti-dilution
adjustment with respect to any such issuance or deemed issuance) so that the number of Class A ordinary shares issuable upon conversion
of all Class B ordinary shares will equal, in the aggregate, 30% of the sum of (i) the total number of all Class A ordinary shares outstanding
upon the completion of this offering (including any Class A ordinary shares issued pursuant to the underwriters’ over-allotment
option and excluding the Class A ordinary shares that are included within the private units), plus (ii) all Class A ordinary shares and
equity-linked securities issued or deemed issued, in connection with the closing of the initial business combination (excluding any shares
or equity-linked securities issued, or to be issued, to any seller in the initial business combination and any units issued to our sponsor
or any of its affiliates or to our officers or directors upon conversion of working capital loans) minus (iii) any redemptions of Class
A ordinary shares by public shareholders in connection with an initial business combination; provided that such conversion of founder
shares will never occur on a less than one-for-one basis. Prior to the closing of our initial business combination, only holders of our
Class B ordinary shares (i) will have the right to vote to appoint and remove directors prior to the completion of our initial business
combination; and (ii) will be entitled to vote on continuing our company in a jurisdiction outside the British Virgin Islands (including
any ordinary resolution required to adopt new constitutional documents as a result of our approving a transfer by way of continuation
in a jurisdiction outside the British Virgin Islands). On any other matters submitted to a vote of our shareholders prior to or in connection
with the completion of our initial business combination, holders of the Class B ordinary shares and holders of the Class A ordinary shares
will vote together as a single