Company: BCAR
Filing Date: 2025-09-03
Form Type: 10-Q
Source: 0001829126-25-007047
Chunk: 31

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-09-03
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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-allotment option.

We intend to use the funds held outside of the Trust Account for identifying and evaluating
         prospective acquisition candidates, performing business due diligence on prospective
         target businesses, traveling to and from the offices, plants or similar locations
         of prospective target businesses, reviewing corporate documents and material agreements
         of prospective target businesses, selecting the target business to acquire and structuring,
         negotiating and consummating the Business Combination. The interest income earned
         on the investments in the Trust Account are unavailable to fund operating expenses.

In order to finance transaction costs in connection with a Business Combination, the
         Company’s Sponsor or an affiliate of the Sponsor, or the Company’s officers and directors may, but are not obligated to, loan the Company funds as
         may be required (“Working Capital Loans”). Such Working Capital Loans would be evidenced
         by promissory notes. The notes would either be repaid upon consummation of a Business
         Combination, without interest, or, at the lender’s discretion, up to $2,500,000 of notes may be converted upon consummation of a Business Combination into
         additional Private Placement Units at a price of $10.00 per Unit. In the event that a Business Combination does
         not close, the Company may use a portion of proceeds held outside the Trust Account
         to repay the Working Capital Loans, but no proceeds held in the Trust Account would
         be used to repay the Working Capital Loans.

The Company will have until the date that is 18 months from the closing of the IPO, with one (1) three-month extension at the option of the sponsor (as may
         be extended further 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 until such earlier liquidation date as our board of directors
         may approve, to consummate our initial business combination. If we anticipate that
         we may be unable to consummate our initial business combination within such 18-month
         period (or 21-month period if the sponsor exercises its three month-extension option),
         we may seek 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. There are no limitations on the number of times we may seek
         shareholder approval for an extension or the length of time of any such extension.
         However