Company: BCAR
Filing Date: 2025-09-03
Form Type: 10-Q
Source: 0001829126-25-007047
Chunk: 24

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-09-03
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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         initial shareholders or their affiliates, without taking into account any founder
         shares held by our initial shareholders or such affiliates, as applicable, prior to
         such issuance) (the “Newly Issued Price”), (y) the aggregate gross proceeds from such
         issuances represent more than 60% of the total equity proceeds (including from such
         issuances and this offering), and interest thereon, available for the funding of our
         initial business combination on the date of the consummation of our initial business
         combination (net of redemptions), and (z) the volume weighted average trading price
         of our Class A ordinary shares during the 20 trading day period starting on the trading
         day prior to the day on which we consummate our initial business combination (such
         price, the “Market Value”) is below $9.20 per share, then the exercise price of the
         warrants will be adjusted (to the nearest cent) to be equal to 115% of the higher
         of the Market Value and the Newly Issued Price, and the $18.00 per share redemption
         trigger prices will be adjusted (to the nearest cent) to be equal to 180% of the higher
         of the Market Value and the Newly Issued Price.

NOTE 8. FAIR VALUE MEASUREMENTS
       
      The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the
         sale of the assets or paid in connection with the transfer of the liabilities in an
         orderly transaction between market participants at the measurement date. In connection
         with measuring the fair value of its assets and liabilities, the Company seeks to
         maximize the use of observable inputs (market data obtained from independent sources)
         and to minimize the use of unobservable inputs (internal assumptions about how market
         participants would price assets and liabilities). The following fair value hierarchy
         is used to classify assets and liabilities based on the observable inputs and unobservable
         inputs used in order to value the assets and liabilities:
       
      Level 1: Quoted prices in active markets for identical assets or liabilities. An active
         market for an asset or liability is a market in which transactions for the asset or
         liability occur with sufficient frequency and volume to provide pricing information
         on an ongoing basis.
       
      Level 2: Observable inputs other than Level 1 inputs.