Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 345

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 345
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iated transactions)           
 in favor of our initial business combination (except that any public shares such parties may purchase in compliance with the requirements       
 of Rule 14e-5 under the Exchange Act would not be voted in favor of approving the business combination transaction). As a result, in addition   
 to our founder shares, private shares and the representative shares, we would need 5,739,286 public shares, or 22.9% of the 25,000,000          
 public shares sold in this offering, to be voted in favor of an initial business combination in order to have our initial business combination  
 approved, assuming all outstanding shares are voted, the over-allotment option is not exercised and the parties to the letter agreement         
 do not acquire any Class A ordinary shares. Assuming that only the holders of one-third of our issued and outstanding ordinary shares,          
 representing a quorum under our amended and restated memorandum and articles of association, vote their shares at a general meeting of          
 the company, we will not need any public shares in addition to our founder shares and private shares to be voted in favor of an initial         
 business combination in order to approve an initial business combination.                                                                       |
| Private placement units and constituent securities |     | Our sponsor,                                                                                                                                    
 MFH 1, LLC, has committed to purchase an aggregate of 200,000 private units at a price of $10.00 per unit, for an aggregate purchase            
 price of $2,000,000 (whether or not the over-allotment option is exercised). The private units will also be worthless if we do not complete     
 our initial business combination. A portion of the purchase price of the private units will be added to the proceeds from this offering         
 to be held in the trust account such that at the time of closing of this offering $250,000,000 (or $287,500,000 if the underwriters exercise    
 their over-allotment option in full) will be held in the trust account. The private units will be identical to the units sold in this           
 offering except that, so long as they are held by our sponsor or its permitted transferees, the private units (including the component          
 securities as well as any securities underlying those component securities) (i) are locked-up until the completion of our initial business      
 combination and (ii) will be entitled to registration rights. If we do not complete our initial business combination within the completion      
 window, the private units will expire worthless.                                                                                                |

| Transfer restrictions on private