Company: BCAR
Filing Date: 2025-09-03
Form Type: 10-Q
Source: 0001829126-25-007047
Chunk: 16

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-09-03
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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 agreement with us, pursuant to which they have agreed to (A) waive their
         redemption rights with respect to their founder shares, private shares and public
         shares in connection with the completion of our initial business combination, (B)
         waive their redemption rights with respect to their founder shares, private shares
         and public shares in connection with a shareholder vote to approve an amendment to
         our amended and restated memorandum and articles of association (a) to modify the
         substance or timing of our obligation to allow redemption in connection with our initial
         business combination or to redeem 100% of our public shares if we have not consummated
         an initial business combination within the completion window or (b) with respect to
         any other material provisions relating to shareholders’ rights or pre-initial business combination activity, (C) waive their rights to liquidating
         distributions from the trust account with respect to their founder shares and private
         shares if we fail to complete our initial business combination within the completion
         window, although they will be entitled to liquidating distributions from the trust
         account with respect to any public shares they hold if we fail to complete our initial
         business combination within such time period and to liquidating distributions from
         assets outside the trust account and (D) vote any founder shares held by them and
         any public shares purchased during or after this offering (including in open market
         and privately-negotiated 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), (iv) the founder shares are automatically convertible into
         Class A ordinary shares concurrently with or immediately following the consummation
         of our initial business combination or earlier at the option of the holder on a one-for-one
         basis, subject to adjustment as described herein and in our amended and restated memorandum
         and articles of association, and (v) prior to the closing of our initial business
         combination, only holders of our Class B ordinary shares will be entitled to vote
         on the appointment and removal of directors or continuing the company in a jurisdiction
         outside the British Virgin Islands (including any ordinary resolution required to
         amend our constitutional documents or to adopt new constitutional documents, in each
         case, as a result of our approving a transfer by way of continuation in