Company: BCAR
Filing Date: 2025-09-03
Form Type: 10-Q
Source: 0001829126-25-007047
Chunk: 27

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-09-03
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 and forecast cash to ensure enough capital is available to complete a Proposed
         Offering and eventually a Business Combination within the Combination Period. The
         CODM also reviews formation and operating costs to manage, maintain and enforce all
         contractual agreements to ensure costs are aligned with all agreements and budget.

NOTE 10. SUBSEQUENT EVENTS
       
      In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards
         of accounting for and disclosure of events that occur after the balance sheet date
         but before financial statements are issued, the Company has evaluated all events or
         transactions that occurred through the date the audited financial statements were
         available to issue. Based upon this review, the Company did not identify any subsequent
         events that would have required adjustment or disclosure in the financial statements except the following.
       
      On August 1, 2025, the Company consummated its Initial Public Offering of 25,000,000 units (the “Units” and, with respect to the Class A Ordinary Shares included in the Units being offered, the “Public Shares”), at $10.00 per Unit, generating gross proceeds of $250,000,000 (the “Initial Public Offering”) (as disclosed in Note 3). The Company granted the
         underwriter a 45-day option to purchase up to an additional 3,750,000 Units at the Initial Public Offering price to cover over-allotments, if any. 
       
      Simultaneously with the consummation of the closing of the Offering, the Company consummated
         the private placement of an aggregate of 200,000 units (the “Private Units”) to the Sponsor at a price of $10.00 per Unit, generating gross proceeds of $2,000,000 (the “Private Placement”) (see Note 4).
       
      On August 11, 2025, the underwriters of the IPO notified the Company of their partial exercise
         of the over-allotment option and purchased 3,000,000 additional units (the “Option
         Units”) at $10.00 per unit upon the closing of the over-allotment option, generating
         gross proceeds of $30,000,000. The over-allotment option closed on August 13, 2025.
       
      Following the closing of the Initial Public Offering on August 1, 2025 and over-allotment option on August 13, 202