Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 253

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 253
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 — Our warrant agreement will designate the courts of the State of New York or the United States District Court for the Southern District of New York as the sole and exclusive forum for certain types of actions and proceedings that may be initiated by holders of our warrants, which could limit the ability of warrant holders to obtain a favorable judicial forum for disputes with our company.” This provision applies to claims under the Securities Act but does not apply to claims under the Exchange Act or any claim for which the federal district courts of the United States of America are the sole and exclusive forum.

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Private Warrants

The private warrants and working capital warrants
will be identical to the warrants sold in this offering except that, so long as they are held by our sponsor or its permitted transferees,
the private warrants and working capital warrants (i) are locked-up until the completion of our initial business combination and (ii)
will be entitled to registration rights. Amending our warrant agreement will require a vote of holders of at least 50% of the private
warrants or working capital warrants (including, for the avoidance of doubt, the forfeiture or cancellation of any private warrants or
working capital warrants) solely with respect to any amendment to the terms of the private warrants or working capital warrants (including
the vote or written consent of D. Boral Capital with respect to the private warrants). All other modifications or amendments require the
vote or written consent the holders of at least 50% of the then-outstanding public warrants.

Private Placement Units

The private placement units and working capital
units will be identical to the units sold in this offering except that, so long as they are held by our sponsor or its permitted transferees,
the private placement units and working capital units (i) are locked-up until the completion of our initial business combination and (ii)
will be entitled to registration rights.

Dividends

We have not paid any cash dividends on our
ordinary shares to date and do not intend to pay cash dividends prior to the completion of our initial business combination. A BVI
business company may pay a dividend on its shares, provided that it satisfies the
solvency test in section 56 of the Companies Act that the company’s assets exceed its liabilities and it would be able to pay its debts as they fall due. The payment of cash dividends following completion of our initial business combination will be within the
discretion of our board of directors at such time and will be dependent upon our revenues and earnings, if any