BCAR

D. Boral ARC Acquisition I Corp. is a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. SPACs like BCAR are blank check companies that raise capital through initial public offerings with the specific purpose of acquiring an existing operating company, thereby providing that target with an alternative path to becoming publicly traded without undergoing a traditional IPO process. D. Boral ARC Acquisition I Corp. was sponsored by experienced investment professionals and business operators who leverage their industry expertise, networks, and operational experience to identify attractive acquisition targets. The SPAC structure typically gives the management team a defined time period (commonly 18-24 months) to identify and complete a suitable business combination. During this search period, the funds raised in the IPO are held in trust and invested in U.S. government securities or money market funds. Shareholders who disagree with a proposed transaction have the right to redeem their shares at the pro-rata share of the trust account. The SPAC model has become an increasingly popular alternative to traditional IPOs, particularly for companies in growth industries seeking public market access with more certainty on valuation and timeline. D. Boral ARC Acquisition I Corp. common shares trade publicly while the company searches for an acquisition target, allowing investors to participate before a specific deal is announced. The actual value of the SPAC will ultimately depend on the quality of the business combination completed and the subsequent operating performance of the combined entity.