Company: BCAR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001829126-25-008854
Chunk: 2

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 2
---
    120

    12,000,000

    $
    1,200

    $
    -

    $
    770,116

    $
    -

    $
    771,436

The accompanying notes are an integral part of these unaudited financial statements.

3

D. BORAL ARC ACQUISITION I CORP.

STATEMENT OF CASH FLOWS

(UNAUDITED)

        For the
        period from March 20, 2025 (inception) through
        September 30, 2025

    Cash flows from Operating Activities:

    Net Income
     
    $
    1,828,136

    Adjustments to reconcile net loss to net cash used in operating activities:

    Payment of expenses through promissory note – related party

    41,420

    Investment income in trust account

    (1,963,221
    )
  
    Changes in operating assets and liabilities:

    Prepaid expenses

    (250,009
    )
  
    Accrued Expenses

    13,913

    Net cash used in operating activities

    (329,761
    )

    Cash flows from investing activities:

    Investment of cash in Trust Account

    (280,000,000
    )
  
    Net cash used in investing activities

    Proceeds from issuance of Class B ordinary shares to Sponsor

    25,000

    Proceeds from sale of Units, net of underwriting discount paid

    280,000,000

    Proceeds from sale of private placement units

    2,000,000

    Repayment of promissory note

    (225,461
    )
  
    Payment of offering costs

    (899,568
    )
  
    Net cash provided by financing activities

    280,899,971

    Net change in cash

    570,210

    Cash at the beginning of the period

    -

    Cash at the end of the period
     
    $
    570,210

    Supplemental disclosure of non-cash financing activities:

    Forfeiture of founder shares
     
    $
    32

    Deferred offering costs included accrued offering costs
     
    $
    34,870

    Re-measurement of ordinary shares subject to redemption
     
    $
    1,963,221

    Issuance of representative shares
     
    $
    2