Company: BCAR
Filing Date: 2025-07-21
Form Type: S-1/A
Source: 0001829126-25-005234
Chunk: 239

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-07-21
Form: S-1/A
Chunk 239
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 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 transferable or saleable until the completion of our initial business combination. The private units (including any component securities thereof and any securities underlying those component securities) are locked up until the closing of the initial business combination.

Registration Rights

The holders of the (i) founder shares, which were
issued in a private placement prior to the closing of this offering, (ii) private units (including the component securities as well as
any securities underlying those component securities), which will be issued in a private placement simultaneously with the closing of
this offering, (iii) units (including the component securities as well as any securities underlying those component securities) that
may be issued upon conversion of working capital loans and (iv) representative shares issued to the representative in connection with
this offering will have registration rights to require us to register a sale of any of our securities held by them and any other securities
of the company acquired by them prior to the consummation of our initial business combination pursuant to a registration rights agreement
to be signed prior to or on the effective date of this offering.

Pursuant to the registration rights agreement
and assuming the underwriters exercise their over-allotment option in full and $2,500,000 of working capital loans are converted
into private units, we will be obligated to register up to 13,896,429 Class A ordinary shares. The number of Class A ordinary shares
includes (i) 12,321,429 Class A ordinary shares to be issued upon conversion of the founder shares, (ii) 200,000 Class A ordinary
shares underlying the private units, (iii) 100,000 Class A ordinary shares underlying the private warrants, (iv) 250,000 Class A
ordinary shares underlying the units issued upon conversion of working capital loans, (v) 125,000 Class A ordinary shares underlying
the working capital