Company: BCAR
Filing Date: 2025-09-03
Form Type: 10-Q
Source: 0001829126-25-007047
Chunk: 9

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-09-03
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 out is irrevocable.
       
      The Company has elected not to opt out of such extended transition period which means
         that when a standard is issued or revised and it has different application dates for
         public or private companies, the Company, as an emerging growth company, can adopt
         the new or revised standard at the time private companies adopt the new or revised
         standard. This may make comparison of the Company’s financial statements with another public company which is neither an emerging growth
         company nor an emerging growth company which has opted out of using the extended transition
         period difficult or impossible because of the potential differences in accounting
         standards used.
       
      Use of Estimates
       
      The preparation of financial statements in conformity with GAAP requires management
         to make estimates and assumptions that affect the reported amounts of assets and liabilities
         and disclosure of contingent assets and liabilities at the date of the financial statements
         and the reported amounts of revenues and expenses during the reporting period.
       
      Making estimates requires management to exercise significant judgment. It is at least
         reasonably possible that the estimate of the effect of a condition, situation or set
         of circumstances that existed at the date of the financial statements, which management
         considered in formulating its estimate, could change in the near term due to one or
         more future confirming events. Accordingly, the actual results could differ significantly
         from those estimates.
       
      Cash and Cash Equivalents
       
      The Company considers all short-term investments
with an original maturity of three months or less when purchased to be cash equivalents. The Company had $25,000 of cash as of June 30,
2025. The Company had no cash equivalents as of June 30, 2025.

    8

      Offering Costs Associated with the Initial Public Offering
       
      The Company complies with the requirements of the ASC 340-10-S99 and SEC Staff Accounting
         Bulletin (“SAB”) Topic 5A — “Expenses of Offering.” Deferred offering costs consist
         principally of professional and registration fees that are related to the Initial
         Public Offering. Financial Accounting Standards Board (“FASB”) ASC 470-20, “Debt with
         Conversion and Other Options,” addresses the allocation of proceeds from the issuance
         of convertible debt into its equity and debt components. The Company applies this
         guidance to allocate Initial Public Offering proceeds from the Public Units between
         Class A ordinary