Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 351

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 351
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 officers                                                                                            
 and directors have agreed to waive their redemption rights with respect to any founder shares, private shares and any public shares held    
 by them in connection with the consummation of our initial business combination. Further, our sponsor and executive officers and directors  
 have agreed to waive their redemption rights with respect to any founder shares held by them if we are unable to complete our initial       
 business combination within the completion window. If we do not complete our initial business combination within the completion window,     
 the proceeds of the sale of the private units held in the trust account will be used to fund the redemption of our public shares, and       
 the private units may expire worthless. With certain limited exceptions, the founder shares will not be transferable, assignable or salable 
 by our sponsor or its permitted transferees until after the completion of our initial business combination. The private units and the       
 component securities (as well as any securities underlying those component securities) are locked-up until the completion of our initial    
 business combination. Since our sponsor and executive officers and directors may directly or indirectly own ordinary shares and warrants    
 following this offering, our executive officers and directors 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 because of their financial interest in        
 completing an initial business combination within 18 months from the closing of this offering, with one (1) three-month extension at        
 the option of the sponsor or by such earlier liquidation date as our board of directors may approve.                                        |

| Upon                                                                                                                                    
 consummation of this offering or thereafter, we will repay up to $350,000 in loans made to us by our sponsor to cover offering-related  
 and organizational expenses, and we will begin paying an affiliate of our sponsor $20,000 per month for office space and administrative 
 services. In the event that following this offering we obtain working capital loans from our sponsor or any of its affiliates or from   
 our officers or directors to finance transaction costs related to our initial business combination, up to $2,500,000 of such loans may  
 be convertible into private units of the post-business combination entity at a price of $10.00 per unit at the option of our sponsor.   
 In the event our sponsor or members of our management team provide loans to us to finance transaction costs and/or incur expenses on    
 our behalf in connection with an initial business combination, such persons may have a conflict of interest in determining whether a    
 particular target business is an appropriate business with