Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 227

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 227
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 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 a jurisdiction outside the British Virgin Islands). Because of this ownership block, our initial shareholders may be able to effectively influence the outcome of all other matters requiring approval by our shareholders, including 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 a jurisdiction outside the British Virgin Islands), and approval of significant corporate transactions including our initial business combination.

Our sponsor has committed, pursuant to a written agreement, to purchase an aggregate of 200,000 private units, at a price of $10.00 per unit, or $2,000,000 in the aggregate, in a private placement that will occur simultaneously with the closing of this offering.

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. 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 $25,000,000
(or $28,750,000 if the underwriters exercise their over-allotment option in full) will be held in the trust account. If we do not complete
our initial business combination within the completion window, the private units will expire worthless. The private units are subject
to the transfer restrictions described below.

MFH 1, LLC, our sponsor, and our officers and directors are deemed to be our “promoters” as such term is defined under the federal securities laws.

Restrictions on Transfers of Founder Shares and Private Units

The founder shares and any securities issued upon
conversion thereof are subject to transfer restrictions pursuant to lock-up provisions in the agreements entered into by our sponsor
and management team. Those lock-up provisions provide that the founder shares are not transfer