Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 35

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 35
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 which contain whole warrants exercisable for one share, in order to reduce the dilutive effect of the warrants upon completion of a business combination as compared to units that each contain a whole warrant to purchase one share, thus making us, we believe, a more attractive business combination partner for target businesses. |

| (1) | Assumes no exercise of the underwriters’ over-allotment option.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| (2) | Includes up to 1,607,143 founder shares that will be surrendered to us for no consideration depending on the extent to which the underwriters’ over-allotment option is exercised.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| (3) | Comprised of 25,000,000 Class A ordinary shares included in the units to be sold in this offering, 10,714,286 Class B ordinary shares (or founder shares), 200,000 Class A ordinary shares included in the private units and 1,000,000 representative shares. Founder shares are currently classified as Class B ordinary shares, which shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination or earlier at the option of the holder on a one-for-one basis, subject to adjustment as described below adjacent to the caption “Founder shares conversion and anti-dilution rights.” |
| (4) | Assumes surrender of all 1,607,143 founder shares. Up to 1,607,143 founder shares will be surrendered to us for no consideration depending on the extent to which the underwriters’ over-allotment option is exercised.                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| (5) | Comprised of 12,500,000 public warrants included in the units to be sold in this offering (assuming no exercise of the underwriters’ over-allotment option) and 100,000 private warrants included in the private units to be sold in the private placement.                                                                                                                                                                                                                                                                                                                                                                                                                                  |

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| Exercise price:  |     | $11.50 per share, subject to adjustments as described herein.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
 In addition, if (x) we issue additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of our initial business combination at an issue price or effective issue price of less than $9.20 per Class A ordinary share (with such issue price or effective issue price to be determined in good