Company: BCAR
Filing Date: 2025-09-03
Form Type: 10-Q
Source: 0001829126-25-007047
Chunk: 32

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-09-03
Form: 10-Q
Item: Part I, Item 1
Chunk 32
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, if we seek shareholder approval for an extension, holders of public shares
         will be offered an opportunity to redeem their shares at a per share price, payable
         in cash, equal to the aggregate amount then on deposit in the trust account, including
         interest earned thereon (less taxes payable), divided by the number of then issued
         and outstanding public shares, subject to applicable law. If we are unable to complete
         our initial business combination within 18 months from the closing of this offering,
         with one (1) three-month extension at the option of the sponsor, or by such earlier
         liquidation date as our board of directors may approve, we will redeem 100% of the
         public shares at a per share price, payable in cash, equal to the aggregate amount
         then on deposit in the trust account, including interest earned thereon (less taxes
         payable and up to $100,000 of interest income to pay dissolution expenses), divided
         by the number of then issued and outstanding public shares, subject to applicable
         law as further described herein.

20

Off-Balance Sheet Financing Arrangements

We have no obligations, assets or liabilities which would be considered off-balance
         sheet arrangements. We do not participate in transactions that create relationships
         with unconsolidated entities or financial partnerships, often referred to as variable
         interest entities, which would have been established for the purpose of facilitating
         off-balance sheet arrangements.

We have not entered any off-balance sheet financing arrangements, established any
         special purpose entities, guaranteed any debt or commitments of other entities, or
         entered any non-financial assets.

Contractual Obligations

We do not have any long-term debt, capital lease obligations, operating lease obligations
         or long-term liabilities. Commencing on the date of the prospectus and until completion
         of the Company’s Business Combination or liquidation, the Company will reimburse MFH 1, LLC, the Sponsor, up to an amount of $20,000 per month for office space, secretarial and administrative support.

Critical Accounting Estimates

The preparation of unaudited condensed financial
statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets
and liabilities at the date of the financial statements, and income and expenses during the periods reported. Making estimates requires
management to exercise significant