Company: BCAR
Filing Date: 2025-07-23
Form Type: S-1/A
Source: 0001829126-25-005309
Chunk: 250

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-07-23
Form: S-1/A
Chunk 250
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 new directors prior to the consummation of our initial business combination.

We will provide our public shareholders with
the opportunity to redeem all or a portion of their public shares, regardless of whether they abstain, vote for, or vote against, our
initial business combination, upon the completion of our initial business combination at a per-share price, payable in cash, equal to
the aggregate amount then on deposit in the trust account calculated as of two business days prior to the consummation of our initial
business combination, including interest earned on the funds held in the trust account (less taxes payable), divided by the number of
then outstanding public shares, subject to the limitations and on the conditions described herein. The amount in the trust account is
initially anticipated to be $10.00 per public share. Our sponsor, officers and directors pursuant to a letter agreement with us, they
have agreed to waive their redemption rights with respect to their founder shares, private shares and any public shares they may acquire
during or after this offering, and the representative of the underwriters pursuant to the underwriting agreement has agreed to waive
its redemption rights with respect to its representative shares in connection with the completion of our initial business combination
or otherwise, although they will be entitled to liquidating distributions from the trust account with respect to any public shares they
hold if we fail to consummate our initial business combination within the completion window. Unlike many special purpose acquisition
companies that hold shareholder votes and conduct proxy solicitations in conjunction with their initial business combinations and provide
for related redemptions of public shares for cash upon completion of such initial business combinations even when a vote is not required
by law, if a shareholder vote is not required by law and we do not decide to hold a shareholder vote for business or other legal reasons,
we will, pursuant to our amended and restated memorandum and articles of association, conduct the redemptions pursuant to the tender
offer rules of the SEC, and file tender offer documents with the SEC prior to completing our initial business combination. Our amended
and restated memorandum and articles of association require these tender offer documents to contain substantially the same financial
and other information about our initial business combination and the redemption rights as is required under the SEC’s proxy rules.
If, however, a shareholder approval of the transaction is required by law, or we decide to obtain shareholder approval for business or
other reasons, we will, like many special purpose acquisition companies, offer to redeem shares in conjunction with a proxy solicitation