Company: BCAR
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001829126-25-008854
Chunk: 36

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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Public Shares”), at $10.00 per Unit, generating gross proceeds of $250,000,000
(the “Initial Public Offering”) and incurring offering costs of 3,582,634, consisting of $2,419,400 of the Representative
Shares and $1,163,634 of other offering costs.

On August 11, 2025,
the underwriters of the IPO notified the Company of their partial exercise of the over-allotment option and purchased 3,000,000 additional
units (the “Option Units”) at $10.00 per unit upon the closing of the over-allotment option, generating gross proceeds of
$30,000,000. The over-allotment option closed on August 13, 2025.

As of the date hereof, the
underwriters have not yet exercised their option to purchase an additional 750,000 Option Units pursuant to the exercise of the over-allotment
option.

The securities sold in the
Public Offering were registered under the Securities Act on the Company’s registration statement on Form S-1 (No. 333-286810). The
SEC declared the registration statement effective on July 30, 2025.

Of the gross proceeds received
from the Initial Public Offering and a portion of the proceeds of the Private Units, $250,000,000 was placed in a Trust Account at the
closing on August 1, 2025. We issued 1,000,000 of the Company’s Class A ordinary shares, par value $0.0001 per share, to designees
of the representative of the underwriters (the “representative shares”) at closing of the Initial Public Offering. The underwriters
were not entitled to any cash underwriting fee at closing of the Initial Public Offering. The underwriters will not be entitled to any
deferred underwriting fee upon closing of the Business Combination.

On August 11, 2025,
the underwriters of the IPO notified the Company of their partial exercise of the over-allotment option and purchased 3,000,000 additional
units (the “Option Units”) at $10.00 per unit upon the closing of the over-allotment option, generating gross proceeds of
$30,000,000. The over-allotment option closed on August 13, 2025.

Item 3. Defaults Upon Senior Securities

None.

Item 4. Mine Safety Disclosures

Not Applicable

Item 5.