Company: BCAR
Filing Date: 2025-04-29
Form Type: S-1
Source: 0001829126-25-003006
Chunk: 96

Company: D. Boral ARC Acquisition I Corp.
Filing Date: 2025-04-29
Form: S-1
Chunk 96
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, including amendments to our amended and
restated memorandum and articles of association. This potential concentration of influence could be disadvantageous to other
shareholders with interests different from those of our sponsor. To the extent that any non-managing sponsor members acquire
membership interests in the sponsor, they will have no right to control the sponsor or vote or dispose of any securities held by the
sponsor. In addition, the founder shares, all of which are held by our sponsor, will entitle the holders to appoint all of our
directors prior to the consummation of our initial business combination. Holders of our public shares will have no right to vote on
the appointment or removal of directors during such time. Further, prior to the closing of our initial business combination, only
holders of our Class B ordinary shares will be entitled to vote on continuing our company in a jurisdiction outside the British
Virgin Islands (including any ordinary resolution required to amend our constitutional documents or to adopt new constitutional
documents, in each case, as a result of our approving a transfer by way of continuation in a jurisdiction outside the British Virgin
Islands). These provisions of our amended and restated memorandum and articles of association may only be amended if approved by an
ordinary resolution passed by the affirmative vote of the holders representing at least 90% of the issued Class B ordinary shares.
As a result, you will not have any influence over the appointment or removal of directors prior to our initial business combination
or any influence over our continuation in a jurisdiction outside the British Virgin Islands prior to our initial business
combination.

If our sponsor purchases any units in this offering or if our sponsor purchases any additional Class A ordinary shares in the aftermarket or in privately negotiated transactions, this would increase its control. Neither our sponsor nor, to our knowledge, any of our officers or directors, have any current intention to purchase additional securities, other than as disclosed in this prospectus. Factors that would be considered in making such additional purchases would include consideration of the current trading price of our Class A ordinary shares. In addition, our board of directors, whose members were appointed by our sponsor, is and will be divided into three classes, each of which will generally serve for a term for three years with only one class of directors being appointed in each year. We may not hold an annual or extraordinary general meeting to appoint new directors prior to the completion of our initial business combination, in which case all of the current directors will continue in office until at least the completion of the business combination. If there