Company: BCAR
Filing Date: 2025-07-23
Form Type: S-1/A
Source: 0001829126-25-005309
Chunk: 61

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-07-23
Form: S-1/A
Chunk 61
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 consolidation of the company with another
company under British Virgin Islands law, the approval of our initial business combination will require an ordinary resolution, which
requires the affirmative vote of in excess of 50 percent of the votes of the holders of the ordinary shares as, being entitled to do
so, vote in person or, where proxies are allowed, by proxy at a general meeting of the company of which notice has been duly given, or
a resolution approved in writing by in excess of 50 percent of the votes of the holders of the issued shares entitled to vote on such
matter, but if any such resolution is adopted otherwise than by the unanimous written consent of all shareholders, a copy of such resolution
shall as soon as reasonably practicable be sent to all shareholders not consenting to such resolution. The amended and restated memorandum
and articles of association of the Company will require that resolutions put to the vote of a meeting may be decided on a poll and regard
shall be had to the number of votes to which each member is entitled to cast when computing whether the requisite approval threshold
has been obtained to pass an ordinary resolution. Accordingly, if we seek shareholder approval of our initial business combination, the
agreement by our initial shareholders, the representative and management team to vote in favor of our initial business combination will increase the likelihood
that an ordinary resolution will be passed, being the requisite shareholder approval for such initial business combination.

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Your only opportunity to effect your investment decision regarding a potential business combination may be limited to the exercise of your right to redeem your shares from us for cash.

At the time of your investment in us, you will not be provided with an opportunity to evaluate the specific merits or risks of our initial business combination. Since our board of directors may complete a business combination without seeking shareholder approval, public shareholders may not have the right or opportunity to vote on the business combination, unless we seek such shareholder vote. Accordingly, your only opportunity to effect your investment decision regarding our initial business combination may be limited to exercising your redemption rights within the period of time (which will be at least 20 business days) set forth in our tender offer documents mailed to our public shareholders in which we describe our initial business combination.

We do not have a minimum net tangible asset requirement.

Our amended and restated memorandum and articles
of association does not contain a minimum net tangible asset requirement. Such a requirement can serve to ensure that our securities
are not determined to be “penny stocks” under Rule 3