- CEO
- David Walter Boral
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 10 E. 53rd Street New York NY United States of America 10022
- IPO Date
- Jul 31, 2025
- Business
- D. Boral ARC Acquisition I Corp. (NASDAQ: BCAR; BCARW) is a blank check company incorporated in the British Virgin Islands that focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company offers redeemable public warrants (BCARW) exercisable at $11.50 per Class A ordinary share 30 days after completion of an initial business combination, subject to registration statement effectiveness; units (BCARU) consisting of one Class A ordinary share and one-half warrant; and private placement securities for business combination funding. It targets businesses with enterprise values of $700 million or greater, particularly in technology, healthcare, and logistics sectors where management expertise provides competitive advantage, across any industry, sector, or geography; principal customers include investors seeking SPAC exposure.
Founded in 2025 and headquartered at 10 E. 53rd Street, Suite 3001, New York, NY, the company operates primarily in the United States with a global acquisition mandate. David Boral serves as Chairman and Chief Executive Officer, John Darwin as Chief Financial Officer and Director, and Kevin Chen, Luisa Ingargiola, and Matt Laker comprise the board.
In its most recent major development, D. Boral ARC Acquisition I Corp. closed a $250 million initial public offering in August 2025 of 25 million units at $10.00 per unit, with units trading under BCARU on Nasdaq beginning July 31, 2025, and separate shares (BCAR) and warrants (BCARW) thereafter; underwriters received a 45-day option for 3.75 million additional units, potentially increasing proceeds to $287.5 million. D. Boral Capital LLC acted as sole bookrunner for the IPO. Net proceeds fund the targeted business combination; as of late 2025, no operations commenced beyond IPO-related activities, with trust holding 100% of IPO cash.