Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 228

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 228
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able or saleable until the completion of
our initial business combination. The private units (including any component securities thereof and any securities underlying those component
securities) are locked up until the closing of the initial business combination.

Registration Rights

The holders of the (i) founder shares, which were
issued in a private placement prior to the closing of this offering, (ii) private units (including the component securities as well as
any securities underlying those component securities), which will be issued in a private placement simultaneously with the closing of
this offering and (iii) units (including the component securities as well as any securities underlying those component securities) that
may be issued upon conversion of working capital loans will have registration rights to require us to register a sale of any of our securities
held by them and any other securities of the company acquired by them prior to the consummation of our initial business combination pursuant
to a registration rights agreement to be signed prior to or on the effective date of this offering.

Pursuant to the registration rights agreement and assuming the underwriters exercise their over-allotment option in full and $2,500,000 of working capital loans are converted into private units, we will be obligated to register up to 12,896,429 Class A ordinary shares. The number of Class A ordinary shares includes (i) 12,321,429 Class A ordinary shares to be issued upon conversion of the founder shares, (ii) 200,000 Class A ordinary shares underlying the private units, (iii) 100,000 Class A ordinary shares underlying the private warrants, (iv) 250,000 Class A ordinary shares underlying the units issued upon conversion of working capital loans and (v) 125,000 Class A ordinary shares underlying the working capital warrants. In addition, we will also be obligated to register up to 225,000 warrants, consisting of 100,000 private warrants and 125,000 working capital warrants.

The holders of these securities are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to our completion of our initial business combination. Notwithstanding anything to the contrary, D. Boral Capital may only make a demand on one occasion and only during the five-year period beginning on the effective date of the registration statement of which this prospectus forms a part. In addition, D. Boral Capital may participate in a “