Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 240

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 240
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 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 the applicable general meeting, (noting that 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). However, the participation of
our sponsor, officers, directors, advisor or our or their affiliates in privately-negotiated transactions (as described in this
prospectus), if any, could result in the approval of our initial business combination even if a majority of our public shareholders
vote, or indicate their intention to vote, against such initial business combination. For purposes of seeking approval of an
ordinary resolution, non-votes will have no effect on the approval of our initial business combination once a quorum is obtained.
Our amended and restated memorandum and articles of association require that at least seven days’ notice will be given of any
general meeting.

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If we seek shareholder approval of our initial business combination and we do not conduct redemptions in connection with our initial business combination pursuant to the tender offer rules, our amended and restated memorandum and articles of association provide that a public shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Exchange Act), will be restricted from redeeming its shares with respect to Excess Shares without our prior consent. However, we would not be restricting our shareholders’ ability to vote all of their shares (including Excess Shares) for or against our initial business combination. Our shareholders’ inability to redeem the Excess Shares will reduce their influence over our ability to complete our initial business combination, and such shareholders could suffer a material loss in their investment if they sell such Excess Shares on the open market. Additionally, such shareholders will not receive redemption distributions with respect to the Excess Shares if we complete our initial business combination. And, as a result, such shareholders will continue to hold that number of shares exceeding 15% and, in order to dispose such shares would be required to sell their shares