Company: BCAR
Filing Date: 2025-07-21
Form Type: S-1/A
Source: 0001829126-25-005234
Chunk: 240

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-07-21
Form: S-1/A
Chunk 240
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 warrants and (iv) 1,000,000 representative shares (whether or not the over-allotment is exercised) issued to the representative as compensation
in connection with this offering. 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 not make a demand on more than two occasions 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 “piggy-back” registration only during the seven-year period beginning on the effective date of the registration statement
of which this prospectus forms a part. We will bear the expenses incurred in connection with the filing of any such registration statements
except that, with respect to D. Boral Capital, we will only bear such expenses on one occasion.

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Certain relationships and related party transactions</div>

On March 25, 2025, our sponsor purchased, and the Company issued to the sponsor, 12,321,429 Class B ordinary shares for an aggregate purchase price of $25,000 (up to 1,607,143 of which are subject to forfeiture by the holders thereof depending on the extent to which the underwriter’s over-allotment option is exercised).

The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 28,750,000 units if the underwriters’ over-allotment option is exercised in full, and therefore that such founder shares would represent 30% of the outstanding shares after this offering (not including the Class A ordinary shares that are included within the private units). Up to 1,607,143 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over-allotment is exercised. If we increase or decrease the size of the offering, we will effect a share capitalization or a share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares