Company: BCAR
Filing Date: 2025-09-03
Form Type: 10-Q
Source: 0001829126-25-007047
Chunk: 4

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-09-03
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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 2025, the underwriters of the IPO notified the Company of their partial exercise
         of the over-allotment option and purchased 3,000,000 additional units (the “Option
         Units”) at $10.00 per unit upon the closing of the over-allotment option, generating
         gross proceeds of $30,000,000. The over-allotment option closed on August 13, 2025.
       
      The Company will provide its public shareholders with the opportunity to redeem all
         or a portion of their public shares upon the completion of our initial business combination
         either (i) in connection with a shareholder meeting called to approve the initial
         business combination or (ii) by means of a tender offer. In connection with a proposed
         Business Combination, the Company may seek shareholder approval of a Business Combination
         at a meeting called for such purpose at which shareholders may seek to redeem their
         shares, regardless of how they vote for the Business Combination.
       
      The shareholders will be entitled to redeem their Public Shares for a pro rata portion
         of the amount then in the Trust Account (initially $10.00 per share, plus any pro
         rata interest earned on the funds held in the Trust Account and not previously released
         to the Company to pay its tax obligations). The per-share amount to be distributed
         to shareholders who redeem their Public Shares will not be reduced by the deferred
         underwriting commissions the Company will pay to the underwriter. These ordinary shares
         was recorded at a redemption value and classified as temporary equity upon the completion
         of the Initial Public Offering, in accordance with Accounting Standards Codification
         (“ASC”) Topic 480 “Distinguishing Liabilities from Equity.”
       
      If a shareholder vote is not required and the Company does not decide to hold a shareholder
         vote for business or other reasons, the Company will, pursuant to its amended and
         restated memorandum and articles of association conduct the redemptions pursuant to
         Rule 13e-4 and Regulation 14E of the Exchange Act, which regulate issuer tender offers,
         and file tender offer documents with the SEC prior to completing our initial business
         combination which contain substantially the same financial and other information about
         the initial business combination and the redemption rights as is required under Regulation
         14A of the Exchange Act, which regulates the solicitation of proxies.
       
      The sponsor, officers