Company: BCAR
Filing Date: 2025-07-23
Form Type: S-1/A
Source: 0001829126-25-005309
Chunk: 179

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-07-23
Form: S-1/A
Chunk 179
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 opportunities, but we may decide to enter into our initial business combination with a target business that does not meet these criteria and guidelines.

| ● | Companies with an attractive competitive position |

| ● | Companies with knowledgeable management teams with a proven track record and relevant industry experience |

| ● | Companies with high revenue growth or the potential for high revenue growth |

| ● | Companies with the ability to generate future profits and free cash flows |

| ● | Companies with scalability across multiple geographies |

| ● | Companies that benefit from being a publicly traded company |

<div align='center'>118</div>

These criteria are not intended to be exhaustive. Any evaluation relating to the merits of a particular initial business combination may be based, to the extent relevant, on these general guidelines as well as other considerations, factors and criteria that our management may deem relevant. We may decide to enter into our initial business combination with a target business that does not meet the above criteria and guidelines, and in the event we do so, we will disclose that the target business does not meet the above criteria in our shareholder communications related to our initial business combination, which, as discussed in this prospectus, would be in the form of proxy solicitation materials or tender offer documents that we would file with the SEC.

<div align='center'>Competitive Strengths</div>

Distinguished Leadership Team with Extensive SPAC Expertise and Public Market Transaction Experience

Our leadership team brings over 30 years of combined
expertise in private equity investing and investment banking with particular specialization in SPAC transactions. This extensive experience
encompasses the full lifecycle of SPAC transactions, from initial formation and IPO to target identification, due diligence, negotiation,
and successful business combination closings. Since 2020, our team has successfully led or advised on more than 65 SPAC transactions
with a combined transaction value exceeding $7 billion across diverse industries and global markets. Our executives have navigated complex
regulatory environments, structured innovative deal terms to align investor interests, and successfully completed transactions in volatile
market conditions. Our Chairman and Chief Executive Officer, David Boral, previously served as co-president and director of EF Hutton
Acquisition Corporation I, which successfully completed its business combination with ECD Automotive Design, Inc. on December 12,
2023, demonstrating deal execution value through meticulous target selection and skillful negotiation. Our Chief Financial Officer, John
Darwin, served as co-CEO and a director of Northern Lights Acquisition Corp., which successfully completed its business combination with
SH