Company: BCAR
Filing Date: 2025-09-03
Form Type: 10-Q
Source: 0001829126-25-007047
Chunk: 29

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-09-03
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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 SEC’s website at www.sec.gov. Except as expressly required by applicable securities law,
         the Company disclaims any intention or obligation to update or revise any forward-looking
         statements whether as a result of new information, future events or otherwise.

Overview

The Company is a blank check company formed under the laws of the British Virgin Islands on March 20, 2025 for the purpose of effecting a merger, share exchange, asset acquisition, share purchase,
         reorganization or similar business combination (a “Business Combination”) with one
         or more businesses. The Company intends to effectuate its initial Business Combination
         using cash from the proceeds of our initial public offering (“Initial Public Offering”)
         the private placement of the placement units (“Placement Units”), the proceeds of
         the sale of our securities in connection with our initial Business Combination, our
         shares, debt or a combination of cash, stock and debt.

We expect to continue to incur significant costs in the pursuit of our initial Business
         Combination plans. We cannot assure you that our plans to raise capital or to complete
         our initial Business Combination will be successful.

Results of Operations

We have neither engaged
in any operations nor generated any revenues to date. Our only activities from inception to June 30, 2025 were organizational activities
and those necessary to prepare for the Company’s initial public offering (“IPO”). We do not expect to generate any
operating revenues until after the completion of our Business Combination. We expect to continue to generate non-operating income in
the form of interest income on cash and marketable securities held after the Initial Public Offering. We expect that we will incur increased
expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as for due
diligence expenses in connection with completing a business combination.

For the three months ended June 30, 2025, we had a net loss of $36,000, which was operating costs.

For the period from March 20, 2025 (inception) through June 30, 2025, we had a net loss of $41,420, which was formation and operating costs.

Liquidity and Capital Resources

As of June 30, 2025, we had available to us $25,000 of cash on our balance sheet and a working capital deficit of $189,461.

19

Subsequent to the quarterly
period covered by this Quarterly Report on Form 10