Company: BCAR
Filing Date: 2025-06-30
Form Type: S-1/A
Source: 0001829126-25-004773
Chunk: 315

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-06-30
Form: S-1/A
Chunk 315
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 5110 and does not reflect an actual value that may be ascribed to such shares in the marketplace upon expiration of the applicable lock-up period. |
| (2) | Does not include certain fees and expenses incurred by the underwriters in connection with this offering, which we have agreed to reimburse the underwriters in an amount not to exceed $200,000 in the aggregate.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |

We estimate that our portion of the total expense of this offering payable by us will be $700,000, excluding underwriting discounts and commissions. We have agreed to reimburse the underwriters for certain of their accountable and out-of-pocket costs (including, but not limited to, the expenses of investigations and background checks of our principals (not to exceed $1,500 per person)) for this offering up to an aggregate expense allowance of $200,000, which maximum expense allowance includes the documented fees of up to $150,000 of the underwriters’ legal counsel to be reimbursed by us.

The underwriting agreement provides that following the completion of this offering, the obligations of the underwriters with respect to this offering will be deemed to be satisfied and the underwriters are not bound by any commitment or obligation to offer or sell to the public any of our securities or of any target business in an initial business combination or otherwise solicit holders of our securities or any target business in an initial business combination to approve the business combination.

Conflicts of Interest

Our Chairman and Chief Executive Officer, David Boral, is an affiliate of D. Boral Capital, the sole book-running manager and representative of the underwriters in this offering. As a result, D. Boral Capital is deemed to have a “conflict of interest” within the meaning of FINRA Rule 5121. Accordingly, this offering is being made in compliance with the applicable requirements of Rule 5121. D. Boral Capital will not confirm sales to any account over which it exercises discretionary authority without the specific prior written approval of the account holder. In addition, Rule 5121 requires that a “qualified independent underwriter,” as defined in Rule 5121, participate in the preparation of the registration statement and prospectus and exercise the usual standards of due diligence with respect thereto. Kingswood has agreed to act as a qualified independent underwriter for this offering. We have agreed to indemnify Kingswood against certain liabilities incurred in connection with acting as a qualified independent underwriter, including liabilities under the Securities Act. Kingswood will receive a fee of $75,