Company: BCAR
Filing Date: 2025-07-21
Form Type: S-1/A
Source: 0001829126-25-005234
Chunk: 104

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-07-21
Form: S-1/A
Chunk 104
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 shares if we do not complete an initial business
combination within the completion window or (B) with respect to any other material provisions relating to shareholders’ rights
or pre-initial business combination activity. To the extent any of such amendments would be deemed to fundamentally change the nature
of the securities offered through this registration statement, we would register, or seek an exemption from registration for, the affected
securities. We cannot assure you that we will not seek to amend our charter or governing instruments or extend the time to consummate
an initial business combination in order to effectuate our initial business combination.

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The provisions of our amended and restated memorandum and articles of association that relate to our pre-business combination activity (and corresponding provisions of the agreement governing the release of funds from our trust account) may be amended with the approval of holders of not less than two-thirds of our ordinary shares which are represented in person or by proxy and are voted at a general meeting of the company, which is a lower amendment threshold than that of some other special purpose acquisition companies. It may be easier for us, therefore, to amend our amended and restated memorandum and articles of association to facilitate the completion of an initial business combination that some of our shareholders may not support.

Our amended and restated memorandum and articles
of association provide that any of its provisions related to pre-business combination activity (including the requirement to deposit
proceeds of this offering and the private placement of units into the trust account and not release such amounts except in specified
circumstances, and to provide redemption rights to public shareholders as described herein, and other than amendments relating to the
provisions regulating the appointment and removal of directors and continuing the company in a jurisdiction outside the British Virgin
Islands, which require an ordinary resolution passed by the affirmative vote of the holders representing at least 90% of the issued Class
B ordinary shares may be amended if approved by ordinary resolution, under British Virgin Islands law. Except as specified above with
respect to matters requiring a 90% majority, an ordinary resolution requires the affirmative vote of in excess of 50 percent of the votes
of the holders of the ordinary shares as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at a general
meeting of the company of which notice has been duly given, or a resolution approved in writing by in excess of 50 percent of the votes
of the holders of the issued shares entitled to vote on such matter,