Company: BCAR
Filing Date: 2025-07-21
Form Type: S-1/A
Source: 0001829126-25-005234
Chunk: 210

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-07-21
Form: S-1/A
Chunk 210
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 certificates delivered by public holders who elected to redeem their shares.

If our initial proposed business combination is not completed, we may continue to try to complete a business combination with a different target until the end of the completion window.

<div align='center'>Redemption of Public Shares and Liquidation if No Initial Business Combination</div>

Our amended and restated memorandum and articles of association provide that we will have only the duration of the completion window to complete our initial business combination. If we have not completed our initial business combination within such time period, we will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business days thereafter (and subject to lawfully available funds therefor), redeem 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 on the funds held in the trust account (which interest shall be net of taxes and less up to $100,000 of interest to pay dissolution expenses), divided by the number of then-outstanding public shares, which redemption will completely extinguish public shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of our remaining shareholders and our board of directors, liquidate and dissolve, subject in each case to our obligations under British Virgin Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless if we fail to complete our initial business combination within the completion window.

Our sponsor, officers, and directors pursuant
to a letter agreement with us, and the representative of the underwriters pursuant to the underwriting agreement solely with respect
to the representative shares, have agreed to waive their redemption rights with respect to their founder shares, private shares and representative
shares, as applicable, and to waive their rights to liquidating distributions from the trust account with respect to any founder shares,
representative shares and private shares held by them if we fail to complete our initial business combination within the completion window,
although they will entitled to liquidating distributions from assets outside the trust account. However, if our sponsor or management
team or the representative of the underwriters acquire public shares in or after this offering, they will be entitled to liquidating
distributions from the trust account with respect to such public shares