FAQ on D. Boral ARC Acquisition I Corp. (NASDAQ: BCARU) $250 Million IPO Closure

What is D. Boral ARC Acquisition I Corp.?

D. Boral ARC Acquisition I Corp. is a company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, focusing on sectors like technology, healthcare, and logistics.

How much did D. Boral ARC Acquisition I Corp. raise in its IPO?

The company raised $250 million in gross proceeds from its IPO, selling 25 million units at $10.00 per unit.

What does each unit in the IPO consist of?

Each unit comprises one Class A ordinary share and one-half of one redeemable public warrant, exercisable at $11.50 per share.

Under what symbols will the shares and warrants trade on Nasdaq?

Once separated, the shares and warrants are expected to trade on Nasdaq under the symbols ‘BCAR’ and ‘BCARW’, respectively.

Is there an option for underwriters to purchase additional units?

Yes, the company has granted underwriters a 45-day option to purchase up to an additional 3.75 million units, which could increase total proceeds to $287.5 million.

How will the net proceeds from the IPO be used?

The net proceeds from the offering and a concurrent private placement will be used to pursue a business combination.

Who served as the sole book-running manager for the IPO?

D. Boral Capital LLC served as the sole book-running manager for the IPO.

Where can I find more information about D. Boral ARC Acquisition I Corp.?

For more information, visit the company’s website at https://dboralcapital.com.

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