Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 317

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 317
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 the underwriters’ over-allotment is not exercised in full or in part. |

<div align='center'>The accompanying notes are an integral part of these financial statements.

F-5

D. BORAL ARC ACQUISITION I CORP.

STATEMENTS OF CASH FLOWS</div>

|                                                                                     |     | For the          
 Period from      
 March 20,        
 2025 (inception) 
 through          
 March 31,        
 2025             |        |   |
|:------------------------------------------------------------------------------------|:----|:-----------------|-------:|:--|
|                                                                                     |     | -Audited         |        |   |
| Cash flows from Operating Activities:                                               |     |                  |        |   |
| Net Loss                                                                            |     | $                | (5,420 | ) |
| Adjustments to reconcile net loss to net cash used in operating activities:         |     |                  |        |   |
| Formation and operating costs paid by Sponsor under Promissory Note – Related Party |     |                  |  5,420 |   |
| Net cash provided by operating activities                                           |     |                  |      - |   |
| Cash flows from Financing Activities:                                               |     |                  |        |   |
| Proceeds from issuance of ordinary shares to Sponsor                                |     |                  |      - |   |
| Payment of offering costs                                                           |     |                  |      - |   |
| Net cash provided by financing activities                                           |     |                  |      - |   |
|                                                                                     |     |                  |      - |   |
| Net Change in Cash                                                                  |     |                  |      - |   |
| Cash – Beginning of period                                                          |     |                  |      - |   |
| Cash – Ending of period                                                             |     | $                |      - |   |
| Supplemental Disclosures of Noncash Financing Activities                            |     |                  |        |   |
| Deferred offering costs included in promissory note                                 |     | $                | 48,420 |   |

<div align='center'>The accompanying notes are an integral part of these financial statements.

F-6

D. BORAL ARC ACQUISITION I CORP.

NOTES TO FINANCIAL STATEMENTS</div>

NOTE 1. DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN

D. BORAL ARC ACQUISITION I CORP. (the “Company”) is a blank