# EDGAR Filing Document

**Accession Number:** 0002073515
**File Stem:** 0001493152-26-018500
**Filing Date:** 2026-4
**Character Count:** 39321
**Document Hash:** fb3b2998a3c88990e0e6a6843b34e328
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-018500.hdr.sgml**: 20260422

**ACCESSION NUMBER**: 0001493152-26-018500

**CONFORMED SUBMISSION TYPE**: S-1/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260422

**DATE AS OF CHANGE**: 20260422

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ARC Group Acquisition I Corp.
- **CENTRAL INDEX KEY:** 0002073515
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-1/A
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-288410
- **FILM NUMBER:** 26882703

**BUSINESS ADDRESS:**
- **STREET 1:** 10 E. 53RD STREET
- **STREET 2:** SUITE 3001
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** (332) 266-7344

**MAIL ADDRESS:**
- **STREET 1:** 10 E. 53RD STREET
- **STREET 2:** SUITE 3001
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** D. Boral ARC Acquisition II Corp.
- **DATE OF NAME CHANGE:** 20250617

**As filed with the U.S. Securities and Exchange Commission on April 22, 2026.**

**Registration No. 333-288410**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**AMENDMENT NO. 7** 

**TO**

**FORM S-1**

**REGISTRATION STATEMENT<br> UNDER<br> THE SECURITIES ACT OF 1933**

**ARC Group Acquisition I Corp**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **British Virgin Islands** | **6770** | **N/A** |
| (State or other jurisdiction of <br> incorporation or organization) | (Primary Standard Industrial <br> Classification Code Number) | (I.R.S. Employer <br> Identification Number) |

---

**398 S Mill Avenue, Suite 306**

**Tempe, AZ 85284<br> Telephone: (928) 625-0928**

(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)

**Datuk Dr. Doris Wong Sing Ee<br> Chief Executive Officer<br> 398 S Mill Avenue, Suite 306**

**Tempe, AZ 85284<br> Telephone: (928) 625-0928**

(Name, address, including zip code, and telephone number, including area code, of agent for service)

*Copies to:*

---

| | | |
|:---|:---|:---|
| <br> **Debbie A. Klis**<br>**Rimon, P.C.<br> 1050 Connecticut Avenue,<br> NW, Suite 500<br> Washington, DC 20036<br> (202) 935-3390** | **José Santos**<br> **Forbes Hare<br> Qwomar Building, 4<sup>th</sup> Floor<br> Blackburn Highway<br> Road Town, Tortola VG1110**<br> **British Virgin Islands<br> Tel: (284) 852-1899** | **Gil Savir <br> Paul Hastings LLP <br> 200 Park Avenue <br> New York, NY 10166 <br> Tel: (770) 878-2696** |

---

**Approximate date of commencement of proposed sale to the public:** As soon as practicable after the effective date of this registration statement.

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box. ☒

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until the Registration Statement shall become effective on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.**

**EXPLANATORY NOTE**

This Amendment No. 7 does not contain copies of the prospectus included in the Registration Statement, which remains unchanged to the Registration Statement filed on April 16, 2026, and consists only of the cover page, this explanatory note and Part II of the Registration Statement. This Amendment No. 7 is being filed solely for the purpose of filing Exhibit 5.2 to this registration statement on Form S-1, or the Registration Statement, and to amend and restate the exhibit index set forth in Part II of the Registration Statement. No change is made to the preliminary prospectus constituting Part I of the Registration Statement. This Amendment No. 7 does not contain copies of the prospectus included in the Registration Statement, which remains unchanged to the Registration Statement filed on April 16, 2026, and consists only of the cover page, this explanatory note and Part II of the Registration Statement.

**Part II**

**Information not required in prospectus**

**Item 13. *Other Expenses of Issuance and Distribution.***

The estimated expenses payable by us in connection with the offering described in this registration statement (other than the underwriting discount and commissions) will be as follows:

---

| | |
|:---|:---|
| Legal fees and expenses | 225000 |
| Printing and engraving expenses | 30000 |
| Accounting fees and expenses | 40000 |
| SEC/FINRA expenses | 50000 |
| Nasdaq listing fees | 80000 |
| Underwriter Legal Fees | 75000 |
| Miscellaneous | 200000 |
| **Total** | $**700000** |

---

**Item 14. *Indemnification of Directors and Officers.***

British Virgin Islands law does not limit the extent to which a company's memorandum and articles of association may provide for indemnification of officers and directors, except to the extent any such provision may be held by the British Virgin Islands courts to be contrary to public policy, such as to provide indemnification against willful default, willful neglect, actual fraud or the consequences of committing a crime. Our amended and restated memorandum and articles of association will provide for indemnification of our officers and directors to the maximum extent permitted by law, including for any liability incurred in their capacities as such, except through their own actual fraud, willful default or willful neglect. We will enter into agreements with our directors and officers to provide contractual indemnification in addition to the indemnification provided for in our amended and restated memorandum and articles of association. We expect to purchase a policy of directors' and officers' liability insurance that insures our officers and directors against the cost of defense, settlement or payment of a judgment in some circumstances and insures us against our obligations to indemnify our officers and directors.

Our officers and directors have agreed to waive any right, title, interest or claim of any kind in or to any monies in the trust account, and have agreed to waive any right, title, interest or claim of any kind they may have in the future as a result of, or arising out of, any services provided to us and will not seek recourse against the trust account for any reason whatsoever (except to the extent they are entitled to funds from the trust account due to their ownership of public shares). In addition, 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. Accordingly, any indemnification provided will only be able to be satisfied by us if (i) we have sufficient funds outside of the trust account or (ii) we consummate an initial business combination.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers or persons controlling us pursuant to the foregoing provisions, we have been informed that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable.

Pursuant to the Underwriting Agreement to be filed as Exhibit 1.1 to this Registration Statement, we will agree to indemnify the underwriters and the underwriters will agree to indemnify us against certain civil liabilities that may be incurred in connection with this offering, including certain liabilities under the Securities Act.

**Item 15. *Recent Sales of Unregistered Securities.***

On May 27, 2025, our sponsor purchased, and the Company issued to the sponsor, 12,321,429 Class B ordinary shares for an aggregate purchase price of $25,000, of which 1,607,143 Class B ordinary shares were subject to forfeiture in the event the over-allotment option is not exercised. On December 3, 2025, our sponsor surrendered 4,928,572 Class B ordinary shares it held for no consideration and on April 6, 2026, the Sponsor surrendered 2,217,857 Founder Shares it held for no consideration leaving sponsor with 5,175,000 Class B ordinary shares for an aggregate purchase price of $25,000 (up to 675,000 of which are subject to forfeiture by the holders thereof depending on the extent to which the underwriter's over-allotment option is exercised. The sponsor is deemed to have purchased the founder shares for approximately $0.00483 per share. Such securities were issued in connection with our organization pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 12,075,000 units if the underwriters' over-allotment option is exercised in full and, therefore, such founder shares would represent 28.8% of the outstanding shares after this offering (not including the Class A ordinary shares that are included within the private units).

Our sponsor is an accredited investor for purposes of Rule 501 of Regulation D. Each of the equity holders in our sponsor is an accredited investor under Rule 501 of Regulation D. The sole business of our sponsor is to act as the company's sponsor in connection with this offering.

Our sponsor has committed, pursuant to a written agreement, to purchase from us an aggregate of 200,000 private units (whether or not the over-allotment option is exercised) at $10.00 per unit, for an aggregate purchase price of $2,000,000. The private units will also be worthless if we do not complete our initial business combination. This purchase will take place on a private placement basis simultaneously with the completion of our initial public offering. This issuance will be made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.

No underwriting discounts or commissions were paid with respect to such sales.

**Item 16. *Exhibits and Financial Statement Schedules.***

**Exhibit Index**

---

| | |
|:---|:---|
| **Exhibit No.** | |
| 1.1\*\* | [Form of Underwriting Agreement.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex1-1.htm) |
| 3.1\*\* | [Memorandum and Articles of Association.](https://www.sec.gov/Archives/edgar/data/2073515/000164117225017010/ex3-1.htm) |
| 3.2\*\* | [Revised Memorandum and Articles of Association.](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex3-2.htm) |
| 3.3\*\* | [Form of Amended and Restated Memorandum and Articles of Association.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex3-3.htm) |
| 4.1\*\* | [Specimen Unit Certificate.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex4-1.htm) |
| 4.2\*\* | [Specimen Ordinary Share Certificate.](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex4-2.htm) |
| 4.3\*\* | [Specimen Warrant Certificate](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex4-3.htm) |
| 4.4\*\* | [Form of Warrant Agreement between Efficiency, INC. and the Registrant.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex4-4.htm) |
| 4.5\*\* | [Specimen Right Certificate.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex4-5.htm) |
| 4.6\*\* | [Form of Rights Agreement between Efficiency, INC. and the Registrant.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex4-6.htm) |
| 5.1\*\* | [Opinion of Rimon P.C.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226018389/ex5-1.htm) |
| 5.2\* | [Opinion of Forbes Hare, British Virgin Islands counsel to the Registrant.](ex5-2.htm) |
| 10.1\*\* | [Form of Letter Agreement among the Registrant, MFH 2, LLC and each of the officers and directors of the Registrant.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex10-1.htm) |
| 10.2\*\* | [Form of Investment Management Trust Agreement between Efficiency, INC. and the Registrant.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex10-2.htm) |
| 10.3\*\* | [Form of Registration Rights Agreement among the Registrant, MFH 2, LLC and Arc Group Securities LLC.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex10-3.htm) |
| 10.4\*\* | [Form of Private Units Purchase Agreement between the Registrant and MFH 2, LLC.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226015774/ex10-4.htm) |
| 10.5\*\* | [Form of Indemnity Agreement.](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex10-5.htm) |
| 10.6\*\* | [Promissory Note dated June 4, 2025, issued to MFH 2, LLC.](http://www.sec.gov/Archives/edgar/data/2073515/000164117225017010/ex10-6.htm) |
| 10.7\*\* | [Subscription Agreement dated May 27, 2025, between MFH 2, LLC and the Registrant.](http://www.sec.gov/Archives/edgar/data/2073515/000164117225017010/ex10-7.htm) |
| 10.8\*\* | [Form of Administrative Services Agreement.](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex10-8.htm) |
| 10.9\*\* | [First Amendment to Promissory Note dated November 28, 2025 issued to MFH 2, LLC.](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex10-9.htm) |
| 10.10\*\* | [Second Amendment to Promissory Note dated February 13, 2026 issued to MFH 2, LLC.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226007212/ex10-10.htm) |
| 14.1\*\* | [Form of Code of Ethics.](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex14-1.htm) |
| 23.1\*\* | [Consent of Guandong Prouden CPAs GP.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226017062/ex23-1.htm) |
| 23.2\* | [Consent of Rimon P.C. (included on Exhibit 5.1).](https://www.sec.gov/Archives/edgar/data/2073515/000149315226018389/ex5-1.htm) |
| 23.3\* | [Consent of Forbes Hare (included on Exhibit 5.2).](ex5-2.htm) |
| 24.1\*\* | [Power of Attorney (included on the signature page of the initial filing).](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/forms-1a.htm#poa_001) |
| 99.1\*\* | [Audit Committee Charter.](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex99-1.htm) |
| 99.2\*\* | [Compensation Committee Charter.](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex99-2.htm) |
| 99.3\*\* | [Consent of Dr. Satis Waran Nair Krishnan to be named as a director nominee.](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex99-3.htm) |
| 99.4\*\* | [Consent of Inigo Angel Laurduraj to be named as a director nominee](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex99-4.htm) |
| 99.5\*\* | [Consent of Soon Ping ("Zara") Pappas to be named as a director nominee](https://www.sec.gov/Archives/edgar/data/2073515/000149315225027044/ex99-5.htm) |
| 107\*\* | [Filing Fee Table.](https://www.sec.gov/Archives/edgar/data/2073515/000149315226018389/ex107.htm) |

---

\* Filed herewith.

\*\* Previously filed

**Item 17. *Undertakings.***

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The
 undersigned registrant hereby undertakes to provide to the underwriters at the closing specified in the underwriting agreement, certificates
 in such denominations and registered in such names as required by the underwriters to permit prompt delivery to each purchaser.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Insofar
 as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling
 persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion
 of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore,
 unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of
 expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action,
 suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered,
 the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court
 of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and
 will be governed by the final adjudication of such issue.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The
 undersigned registrant hereby undertakes that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) For
 purposes of determining any liability under the Securities Act of 1933, the information omitted from the form of prospectus filed
 as part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the registrant
 pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of this registration statement
 as of the time it was declared effective.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) For
 the purpose of determining any liability under the Securities Act of 1933, each post-effective amendment that contains a form of
 prospectus shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such
 securities at that time shall be deemed to be the initial *bona fide* offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) For
 the purpose of determining liability under the Securities Act of 1933 of any purchaser, if the registrant is subject to Rule 430C,
 each prospectus filed pursuant to Rule 424(b) as part of a registration statement relating to an offering, other than registration
 statements relying on Rule 430B or other than prospectuses filed in reliance on Rule 430A, shall be deemed to be part of
 and included in the registration statement as of the date it is first used after effectiveness. Provided, however, that no statement
 made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed
 incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a
 purchaser with a time of contract of sale prior to such first use, supersede or modify any statement that was made in the registration
 statement or prospectus that was part of the registration statement or made in any such document immediately prior to such date of
 first use.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) For
 the purpose of determining liability of a registrant under the Securities Act of 1933 to any purchaser in the initial distribution
 of the securities, the undersigned registrant undertakes that in a primary offering of securities of an undersigned registrant pursuant
 to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities
 are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller
 to the purchaser and will be considered to offer or sell such securities to such purchaser:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) any
 preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) any
 free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by
 an undersigned registrant;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the
 portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant
 or its securities provided by or on behalf of the undersigned registrant; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) any
 other communication that is an offer in the offering made by the undersigned registrant to the purchaser.

&nbsp;&nbsp;&nbsp;&nbsp;(d) The
 undersigned registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To
 file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To
 include any prospectus required by section 10(a)(3) of the Securities Act of 1933;

(ii) To
 reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent
 post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set
 forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if
 the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end
 of the estimated maximum offering range may be reflected in the form of prospectus filed with the Securities and Exchange Commission
 pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than 20% change in the
 maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration
 statement.

(iii) To
 include any material information with respect to the plan of distribution not previously disclosed in the registration statement
 or any material change to such information in the registration statement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That,
 for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall
 be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that
 time shall be deemed to be the initial bona fide offering thereof.

(3) To
 remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the
 termination of the offering.

(4) That,
 for the purpose of determining liability under the Securities Act of 1933 to any purchaser:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) If
 the registrant is relying on Rule 430B:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) Each
 prospectus filed by the registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement
 as of the date the filed prospectus was deemed part of and included in the registration statement; and

(B) Each
 prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance
 on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii), or (x) for the purpose of providing
 the information required by section 10(a) of the Securities Act of 1933 shall be deemed to be part of and included
 in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date
 of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability
 purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of
 the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering
 of such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement
 made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed
 incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a
 purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration
 statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective
 date; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) If
 the registrant is subject to Rule 430C, each prospectus filed pursuant to Rule 424(b) as part of a registration statement
 relating to an offering, other than registration statements relying on Rule 430B or other than prospectuses filed in reliance
 on Rule 430A, shall be deemed to be part of and included in the registration statement as of the date it is first used after
 effectiveness. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration
 statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that
 is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such first use, supersede
 or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or
 made in any such document immediately prior to such date of first use.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) That,
 for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial
 distribution of the securities, the undersigned registrant undertakes that in a primary offering of securities of the undersigned
 registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser,
 if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant
 will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Any
 preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;

(ii) Any
 free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by
 the undersigned registrant;

(iii) The
 portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant
 or its securities provided by or on behalf of the undersigned registrant; and

(iv) Any
 other communication that is an offer in the offering made by the undersigned registrant to the purchaser.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, as amended, the registrant has duly caused this amended Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Kaula Lumpur, Malaysia, on the 22<sup>nd</sup> day of April 2026.

---

| | |
|:---|:---|
| **ARC Group Acquisition I Corp** | **ARC Group Acquisition I Corp** |
| By: | */s/ Datuk Dr. Doris Wong Sing Ee* |
| Name: | Datuk Dr. Doris Wong Sing Ee |
| Title: | Chief Executive Officer |

---

**POWER OF ATTORNEY**

Each of the undersigned, whose signature appears below, hereby constitutes and appoints Datuk Dr. Doris Wong Sing Ee his or her true and lawful attorney-in-fact, with full power of substitution and resubstitution for him or her and in his or her name, place and stead, in any and all capacities to sign any and all amendments including post-effective amendments to this registration statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the SEC, hereby ratifying and confirming all that said attorney- in-fact or his substitute, each acting alone, may lawfully do or cause to be done by virtue thereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Name** | **Position** | **Date** |
| */s/ Datuk Dr. Doris Wong Sing Ee* | Chief Executive Officer and Executive Director | April 22, 2026 |
| Datuk Dr. Doris Wong Sing Ee | (principal executive officer) |  |
| */s/ Kiu Cu Seng* | Chief Financial Officer | April 22, 2026 |
| Kiu Cu Seng | (principal financial and accounting officer) |  |
| */s/ Ian Hanna* | Chief Operating Officer and Executive Director | April 22, 2026 |
| Ian Hanna |  |  |

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**Authorized representative**

Pursuant to the requirements of Section 6(a) of the Securities Act of 1933, the undersigned has signed this amended registration statement, solely in its capacity as the duly authorized representative of ARC Group Acquisition I Corp, in New York, New York, on the 22<sup>nd</sup> day of April 2026.

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| | |
|:---|:---|
| By: | */s/ Ian Hanna* |
| Name: | Ian Hanna |
| Title: | Chief Operating Officer and Executive Director |

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## Exhibit 5.2

**Exhibit 5.2**

Qwomar Building

P.O. Box 4649, Road Town

Tortola VG1110

British Virgin Islands

T: <sup>+</sup>1 284 494 1890

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| | | |
|:---|:---|:---|
| **DD:** | <sup>+</sup>1 284 542 1899 | ![](ex5-2_01.jpg) |
| **E:** | Jose.santos@forbeshare.com | ![](ex5-2_01.jpg) |
| **Our Ref:** | JS/MBD/6552.004 | ![](ex5-2_01.jpg) |
| **Your Ref:** | Reference | ![](ex5-2_01.jpg) |
|  |  | ![](ex5-2_01.jpg) |
| ARC Group Acquisition I Corp. | ARC Group Acquisition I Corp. | ![](ex5-2_01.jpg) |
| 398 S. Mill Avenue, Suite 306 | 398 S. Mill Avenue, Suite 306 | ![](ex5-2_01.jpg) |
| Tempe, AZ 85281 | Tempe, AZ 85281 | ![](ex5-2_01.jpg) |
| United States of America | United States of America | ![](ex5-2_01.jpg) |
| ![](ex5-2_01.jpg) |  |  |
| ![](ex5-2_01.jpg) |  |  |

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Click here to enter a date

Dear Sirs

**ARC Group Acquisition I Corp. (the "Company")**

We are lawyers licensed and qualified to practice law in the British Virgin Islands. We have acted as special British Virgin Islands counsel to the Company to provide this legal opinion in connection with the Company's Registration Statement on Form S-1 (File number 333-288410), including all amendments or supplements thereto ("**Form S-1**"), filed with the Securities and Exchange Commission (the "**Commission**") under the United States Securities Act of 1933 (the "**Act**"), as amended, (the "**Registration Statement**") related to the underwritten public offering of (i) 10,500,000 units (the "**Public Units**") in the Company with each Unit consisting of one Class A ordinary share (each, a "**Class A Share**") in the Company of US$0.0001 par value (the "**Public Shares**"), one right to receive one-fourth (1/4) of one Class A Share (the "**Public Rights**") and one redeemable warrant (the "**Public Warrants**"); (ii) up to 1,575,000 Units (the "**Over-Allotment Units**") for which the underwriters have been granted an over-allotment option; (iii) a private placement of 200,000 private placement units ("**Private Units**") consisting of one Class A Share (the "**Private Shares**"), one right to receive one-fourth (1/4) of one Class A Share (the "**Private Rights**") and one redeemable warrant (the "**Private Warrants**"); (iv) all Public Shares and Private Shares (the "**Ordinary Shares**") issuable upon exercise of the Public Rights and the Private Rights issued as part of the Units and Over-Allotment Units; (v) all Ordinary Shares issuable upon exercise of the Public Warrants and the Private Warrants included in the Public Units, the Over-Allotment Units and the Private Units; and (vi) all Ordinary Shares underlying the Over-Allotment Units, the Public Units and the Private Units.

**1.** **Documents Reviewed** 

We have reviewed originals, copies or drafts of the following documents and have examined such other documents and considered such legal matters as we have deemed necessary for the purpose of rendering this legal opinion:

1.1 The
 public records of the Company on file and available for public inspection at the Registry
 of Corporate Affairs in the [●] 2026 including:

1.1.1 the
 Company's Certificate of Incorporation; and

1.1.2 the
 Company's Memorandum and Articles of Association.

1.2 A
 Registered Agent's Certificate dated [●] 2026 issued by FH Corporate Services
 Ltd, the Company's registered agent (the "**Registered Agent's Certificate** ").

1.3 A
 Certificate of Good Standing issued by the Registry of Corporate Affairs (the "**Certificate of Good Standing** ")

1.4 The
 records of proceedings on file with and available for inspection on [●] 2026 at the
 British Virgin Islands High Court Registry (the "**High Court Registry** ").

1.5 The
 Registration Statement.

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| | |
|:---|:---|
| **2** | **Assumptions** |

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In giving this opinion we have assumed, without further verification, the completeness and accuracy of the Registered Agent's Certificate and that the information contained in such certificate remains accurate as at the date of this opinion. We have also relied upon the following assumptions, which we have not independently verified:

2.1 Copies
 of documents, conformed copies or drafts of documents provided to us are true and complete
 copies of, or in the final forms of, the originals.

2.2 All
 signatures, initials and seals are genuine.

2.3 The
 accuracy and completeness of all factual representations expressed in or implied by the documents
 we have examined.

2.4 That
 all public records of the Company which we have examined are accurate and that the information
 disclosed by the searches which we conducted against the Company at the Registry of Corporate
 Affairs and the High Court Registry is true and complete and that such information has not
 since then been altered and that such searches did not fail to disclose any information which
 had been delivered for registration but did not appear on the public records at the date
 of our searches.

2.5 There
 is nothing under any law (other than the law of the British Virgin Islands) which would or
 might affect the opinions hereinafter appearing. Specifically, we have made no independent
 investigation of the laws of the State of New York.

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| | |
|:---|:---|
| **3** | **Opinion** |

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Based upon, and subject to, the foregoing assumptions and the qualifications set out in section 4 below, and having regard to such legal considerations as we consider relevant, we are of the opinion that:

3.1 The
 Company is a company limited by shares and registered under the BVI Business Companies Act,
 2004 (as amended) (the "**Act** "), in good standing at the Registry of Corporate
 Affairs and validly existing under the laws of the British Virgin Islands, and possesses
 the capacity to sue and be sued in its own name.

3.2 The
 Ordinary Shares to be offered and sold by the Company as contemplated by the Registration
 Statement have been duly authorised for issue, and when issued by the Company against payment
 in full, of the consideration, in accordance with the terms set out in the Registration Statement
 and duly registered in the Company's register of members (shareholders), such Ordinary
 Shares will be validly issued, fully paid and non-assessable (meaning that no further sums
 are payable to the Company on such securities).

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| | |
|:---|:---|
| **4** | **Qualifications** |

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The opinions expressed above are subject to the following qualifications:

4.1 To
 maintain the Company in good standing under the laws of the British Virgin Islands, annual
 filing fees must be paid to the Registry of Corporate Affairs.

4.2 The
 obligations of the Company may be subject to restrictions pursuant to United Nations sanctions
 as implemented under the laws of the British Virgin Islands.

4.3 We
 make no comment with regard to any references to foreign statutes in the Registration Statement.

4.4 This
 opinion is given only as to, and based on, circumstances and matters of fact existing and
 known to us on the date of this opinion. This opinion only relates to the laws of the British
 Virgin Islands which are in force on the date of this opinion.

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| | |
|:---|:---|
| **5** | **Consents** |

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In connection with the above opinion, we hereby consent:

5.1 To
 the use of our name in the Registration Statement, the prospectus constituting a part thereof and all amendments thereto under the
 caption "Legal Matters"; and

5.2 To the filing of this opinion as an exhibit
 to the Registration Statement.

This opinion is limited to the matters detailed herein and is not to be read as an opinion with respect to any other matter.

Yours faithfully

**/s/ Forbes Hare**