Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 7

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 7
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 Offering — Founder Shares,” “Summary — The Offering — Transfer Restrictions on Founder Shares,” and “Summary — The Offering — Founder Shares Conversion and Anti-Dilution Rights” and “Risk Factors — Risks Relating to our Securities — The nominal purchase price paid by our sponsor for the founder shares may result in significant dilution to the implied value of your public shares upon the consummation of our initial business combination, and our sponsor is likely to make a substantial profit on its investment in us in the event we consummate an initial business combination, even if the business combination causes the trading price of our ordinary shares to materially decline.” for further discussion of our sponsor’s and our affiliates’ securities and compensation.

The low price that our sponsor, executive officers
and directors (directly or indirectly) paid for the founder shares creates an incentive whereby our officers and directors could potentially
make a substantial profit even if we select an acquisition target that subsequently declines in value and is unprofitable for public
shareholders. If we are unable to complete our initial business combination within 18 months from the closing of this offering, with
one (1) three-month extension at the option of the sponsor (as may be extended by shareholder approval to amend our amended and restated
memorandum and articles of association to extend the date by which we must consummate our initial business combination), or by such earlier
liquidation date as our board of directors may approve, the founder shares and private units may expire worthless, except to the extent
they receive liquidating distributions from assets outside the trust account, which could create an incentive for our sponsor, executive
officers and directors to complete a transaction even if we select an acquisition target that subsequently declines in value and is unprofitable
for public shareholders. Further, each of our officers and directors may have a conflict of interest with respect to evaluating a particular
business combination if the retention or resignation of any such officers and directors was included by a target business as a condition
to any agreement with respect to our initial business combination. If we agree to pay our sponsor or a member of our management team
a finder’s fee, advisory fee, consulting fee or success fee in order to effectuate the completion of our initial business combination,
such persons may have a conflict of interest in determining whether a particular target business is an appropriate business with which
to effectuate our initial business combination as any such fee may not be paid unless we consummate such business combination. We may
also engage our sponsor or an affiliate