What private placement did ARC Group Acquisition I Corp complete with its sponsor?

Simultaneously with the IPO closing, the sponsor bought 200,000 Private Placement Units at $10.00 each for $2,000,000 . These units mirror the public units but have transfer restrictions until 30 days after the initial business combination and come with registration rights for the holder.

ARC Group Acquisition I Corp (NASDAQ: ARCL) completes $120.75M SPAC IPO and funds trust

Q: What did ARC Group Acquisition I Corp raise in its ARCL SPAC IPO?

ARC Group Acquisition I Corp raised gross proceeds of $120,750,000 by selling 12,075,000 units at $10.00 per unit, including the full 1,575,000-unit over-allotment. Each unit bundles a Class A share, a redeemable warrant and a right to additional share exposure.

Q: How are ARC Group Acquisition I Corp’s SPAC IPO proceeds held?

The company placed $120,750,000 of net proceeds from the IPO and private placement into a U.S.-based trust account with Efficiency, INC. Funds stay there until a business combination, certain charter-related redemptions, or liquidation, aside from limited withdrawals for taxes and dissolution expenses.

Q: What securities are included in ARC Group Acquisition I Corp’s units (ARCLU)?

Each unit includes one Class A ordinary share , one redeemable warrant , and one right to receive one-fourth of a Class A ordinary share. Each warrant allows purchase of one Class A ordinary share at $11.50 per share, subject to adjustments described in the governing agreements.

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

ARC Group Acquisition I Corp, a blank check company, completed its initial public offering of 12,075,000 units at $10.00 each, including the full 1,575,000-unit over-allotment, for total gross proceeds of $120,750,000. Each unit includes one Class A ordinary share, one redeemable warrant and one right to receive one-fourth of a share.

The sponsor bought 200,000 private placement units at $10.00 per unit for $2,000,000, with no underwriting discounts or commissions. A total of $120,750,000 from the IPO and private placement was deposited into a U.S.-based trust account to fund a future business combination, subject to limited permitted withdrawals and a 12‑month deadline, extendable to 15 months.

Insights

ARC Group’s SPAC IPO raises $120.75M and funds a trust.

ARC Group Acquisition I Corp completed a SPAC IPO, selling 12,075,000 units at $10.00 each, including the underwriters’ full over-allotment, for gross proceeds of $120,750,000. Each unit combines a Class A share, a warrant and a right for additional share exposure.

The sponsor purchased 200,000 private placement units for $2,000,000, aligning interests and adding capital. The filing states that $120,750,000 from the IPO and private placement was placed in a U.S.-based trust account, which will fund an initial business combination or redemptions.

The trust can be tapped only for taxes and limited dissolution expenses until either a business combination, specified charter amendments, or liquidation. The company targets opportunities where management’s expertise, including in technology, healthcare and logistics, may offer an advantage; specific targets and timing are not detailed in this excerpt.

8-K Event Classification

6 items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01

6 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

Item 3.02 Unregistered Sales of Equity Securities Securities

The company sold equity securities in a private placement or other unregistered transaction.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance

The company amended its charter documents, bylaws, or changed its fiscal year.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Units sold in IPO: 12,075,000 units IPO price per unit: $10.00 per unit Gross IPO proceeds: $120,750,000 +5 more

8 metrics

Units sold in IPO 12,075,000 units Initial public offering including 1,575,000 over-allotment units

IPO price per unit $10.00 per unit Offering price for each SPAC unit

Gross IPO proceeds $120,750,000 Total gross proceeds from sale of 12,075,000 units

Private placement units 200,000 units Units sold to the sponsor in private placement

Private placement proceeds $2,000,000 Sponsor’s purchase of 200,000 units at $10.00 each

Trust account funding $120,750,000 Net proceeds from IPO and private placement deposited in trust

Warrant exercise price $11.50 per share Price to purchase one Class A ordinary share via warrant

Right share entitlement 1/4 of one share Each right converts into one-fourth of a Class A ordinary share

Key Terms

blank check company, over-allotment option, trust account, Private Placement Units, +2 more

6 terms

blank check company financial

"The Company is a blank check company incorporated as a British Virgin Islands business company"

A blank check company is a publicly listed shell that raises money from investors before naming a specific business to buy or merge with, similar to handing a cashier a signed check and asking them to fill in the payee later. It matters to investors because it offers a faster, often cheaper path for private firms to become public, but carries extra risk since returns depend on the organizers’ ability to find a good deal and on limited information about the future business.

over-allotment option financial

"includes the full exercise of the over-allotment option of 1,575,000 additional Units"

An over-allotment option is a special agreement that allows underwriters to sell more shares than initially planned if demand is high. Think of it like a retailer offering extra units of a popular product to meet additional customer interest. This option helps ensure the full sale is completed and can also give investors extra shares if they want more.

trust account financial

"A total of $120,750,000 of the net proceeds from the IPO and the sale of the Private Placement Units, was placed in a U.S.-based trust account"

A trust account is a special bank or brokerage account where assets are held and managed by a designated person or firm (the trustee) for the benefit of another person or group (the beneficiary). It matters to investors because it separates assets from personal or corporate funds, can protect assets, control how and when money is used, and may affect tax or legal rights—think of it as a locked drawer opened only under agreed rules.

Private Placement Units financial

"the Company completed the private sale of an aggregate of 200,000 units (the “Private Placement Units”)"

Amended and Restated Memorandum and Articles of Association regulatory

"the Company’s Amended and Restated Memorandum and Articles of Association became effective"

Registration Rights Agreement financial

"Registration Rights Agreement, dated April 29, 2026, by and among the Company, the Sponsor and the Holders"

A registration rights agreement is a contract that gives investors the option to have their ownership stakes officially registered with the government, making it easier to sell their shares later. This agreement matters because it provides investors with a clearer path to cash out their investments if they choose, offering more liquidity and confidence in their ability to sell their holdings when desired.

Understanding 8-K Material Events →

05/04/2026 - 07:40 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 29, 2026

ARC Group Acquisition I Corp

(Exact name of registrant as specified in its charter)

British Virgin Islands

001-43253

N/A00-0000000

(State or other jurisdiction of

incorporation or organization)

(Commission

File Number)

(I.R.S. Employer

Identification Number)

398 S Mill Avenue, Suite 306, Tempe, AZ 85284

(Address of principal executive offices, including zip code)

(928) 625-0928

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Units, each consisting of one Ordinary Share, par value $0.0001 per share, one warrant, and one right to acquire 1/4^th of one Ordinary Share	ARCLU	The Nasdaq Stock Market LLC
Ordinary Shares included as part of the Units	ARCL	The Nasdaq Stock Market LLC
Rights included as part of the Units	ARCLR	The Nasdaq Stock Market LLC
Warrants, each warrant exercisable for one ordinary share at an exercise price of $11.50 per share	ARCLW	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

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 13(a) of the Exchange Act. ☐

Item 1.01. Entry into a Material Definitive Agreement.

On May 1, 2026, ARC Group Acquisition I Corp (the “Company”) consummated its initial public offering (the “IPO”) of 12,075,000 units (the “Units”), which includes the full exercise of the over-allotment option of 1,575,000 additional Units granted to ARC Group Securities LLC, as representative of the underwriters (the “Representative”). Each Unit consists of one ordinary share of the Company, par value $0.0001 per share (the “Ordinary Shares”), one right entitling the holder to receive one-fourth (1/4^th) of one Ordinary Share at the closing of the Company’s business combination (each, a “Right”) and one redeemable warrant (the “Warrant”), with each Warrant entitling the holder thereof to purchase one Ordinary Share for $11.50 per share subject to adjustment. The Units were sold at an offering price of $10.00 per Unit, generating total gross proceeds of $120,750,000.

On June 30, 2025, the Company filed a registration statement on Form S-1 (File No. 333-288410), as amended (the “Initial Registration Statement”), with the U.S. Securities and Exchange Commission (the “Commission”) relating to the IPO, which was declared effective by the Commission on April 27, 2026.

In connection with the IPO, on April 29, 2026, the Company entered into the following agreements, the forms of which were previously filed as exhibits to the Company’s Registration Statements:

	●	Underwriting Agreement, dated April 29, 2026, by and between the Company and ARC Group Securities LLC, as representatives of the underwriters, a copy of which is attached as Exhibit 1.1 hereto and is incorporated herein by reference;

	●	Warrant Agreement, dated April 29, 2026, by and between the Company and Efficiency, INC., a copy of which is attached as Exhibit 4.1 hereto and is incorporated herein by reference;

	●	Rights Agreement, dated April 29, 2026, by and between the Company and Efficiency, INC., a copy of which is attached as Exhibit 4.2 hereto and is incorporated herein by reference;

	●	Letter Agreement, dated April 29, 2026, by and between the Company, its executive officers, its directors and MFH 2, LLC (the “Sponsor”), a copy of which is attached as Exhibit 10.1 hereto and is incorporated herein by reference;

	●	Investment Management Trust Agreement, dated April 29, 2026, by and between the Company and Efficiency, INC., a copy of which is attached as Exhibit 10.2 hereto and is incorporated herein by reference;

	●	Registration Rights Agreement, dated April 29, 2026, by and among the Company, the Sponsor and the Holders signatory thereto, a copy of which is attached as Exhibit 10.3 hereto and is incorporated herein by reference.

	●	Private Units Purchase Agreement, dated April 29, 2026, by and among the Company and the Sponsor, a copy of which is attached as Exhibit 10.4 hereto and is incorporated herein by reference.

	●	Indemnity Agreement, dated April 29, 2026, by and among the Company and Kiu Cu Seng, a copy of which is attached as Exhibit 10.5 hereto and is incorporated herein by reference.

	●	Indemnity Agreement, dated April 29, 2026, by and among the Company and Ian Hanna, a copy of which is attached as Exhibit 10.6 hereto and is incorporated herein by reference.

	●	Indemnity Agreement, dated April 29, 2026, by and among the Company and Dr. Satis Waran Nair Krishnan, a copy of which is attached as Exhibit 10.7 hereto and is incorporated herein by reference.

	●	Indemnity Agreement, dated April 29, 2026, by and among the Company and Inigo Angel Laurduraj, a copy of which is attached as Exhibit 10.8 hereto and is incorporated herein by reference.

	●	Indemnity Agreement, dated April 29, 2026, by and among the Company and Soon Ping Pappas, a copy of which is attached as Exhibit 10.9 hereto and is incorporated herein by reference.

	●	Indemnity Agreement, dated April 29, 2026, by and among the Company and Datuk Dr. Doris Wong Sing Ee, a copy of which is attached as Exhibit 10.10 hereto and is incorporated herein by reference.

The material terms of such agreements are fully described in the Company’s final prospectus, dated April 29, 2026 as filed with the Commission on April 29, 2026 (the “Prospectus”) and are incorporated herein by reference. Each of the foregoing agreements, are attached hereto as exhibits to this Current Report on Form 8-K, as enumerated below in the table set forth in response to Item 9.01.

Item 3.02. Unregistered Sales of Equity Securities.

On May 1, 2026, simultaneously with the closing of the IPO, pursuant to the Private Units Purchase Agreement, the Company completed the private sale of an aggregate of 200,000 units (the “Private Placement Units”) to the Sponsor at a purchase price of $10.00 per Private Placement Units, generating gross proceeds to the Company of $2,000,000 (the “Private Placement”). The Private Placement Units are identical to the Units sold in the IPO, except that, for so long as the Private Placement Units are held by the Sponsor or their permitted transferees, the Private Placement Units (i) may not (including the securities underlying the Private Placement Units), subject to certain limited exceptions, be transferred, assigned or sold until 30 days after the completion of the Company’s initial business combination, and (ii) are entitled to registration rights. The material terms of the Private Placement Units are fully described in the Prospectus and are incorporated herein by reference. No underwriting discounts or commissions were paid with respect to the sale of the Private Placement Units. The issuance of the Private Placement Units was made pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

In connection with the IPO, on April 29, 2026, each of Datuk Dr. Doris Wong Sing Ee, Chief Executive Officer and Executive Director of the Company, Kiu Cu Seng, Chief Financial Officer of the Company, Ian Hanna, Chief Operating Officer and Executive Director of the Company, Dr. Satis Waran Nair Krishnan, a director of the Company, Inigo Angel Laurduraj, a director of the Company, and Soon Ping Pappas, a director of the Company, each entered into an indemnity agreement with the Company. On April 29, 2026, all directors and officers of the Company along with the Sponsor and certain other security holders named therein, entered into the Letter Agreement.

Other than the foregoing, none of the directors or officers of the Company is party to any arrangement or understanding with any person pursuant to which they were appointed as directors, nor are they party to any transactions required to be disclosed under Item 404(a) of Regulation S-K involving the Company.

Copies of the Letter Agreement and indemnity agreements are attached as Exhibits 10.1 and 10.5 through 10.10 hereto, respectively, and are incorporated herein by reference.

Item 5.03. Amendments to Certificate of Incorporation or Bylaws; Change in Fiscal Year.

On April 29, 2026, in connection with the completion of the IPO, the Company’s Amended and Restated Memorandum and Articles of Association became effective (the “Amended Charter”). The terms of the Amended Charter are set forth in the Registration Statement and are incorporated herein by reference. A copy of the Amended Charter is attached as Exhibit 3.1 hereto and incorporated herein by reference.

Item 8.01 Other Events

A total of $120,750,000 of the net proceeds from the IPO and the sale of the Private Placement Units, was placed in a U.S.-based trust account maintained by Efficiency, INC., acting as trustee. Except with respect to the interest earned on the funds held in the trust account that may be released to the Company to pay its taxes and up to $100,000 of interest to pay dissolution expenses, the funds held in the trust account will not be released from the trust account until the earliest of: (i) the completion of its initial business combination; (ii) the redemption of any public shares if it does not complete an initial business combination within the required period; (iii) the redemption of any public shares in connection with an amendment to the Amended Charter (A) that would modify the substance or timing of its obligation to allow redemption in connection with its initial business combination or to redeem 100% of the public shares if it is unable to complete its initial business combination within 12 months from the closing of this initial public offering, subject to extension up to 15 months by means of one three-month extension, or (B) with respect to any other provision of the Amended Charter relating to the rights of public shareholders; and (iv) our liquidation.

An audited balance sheet as of May 1, 2026 reflecting receipt of the proceeds upon consummation of the IPO and the Private Placement will be included in an amendment to the Form 8-K.

On April 29, 2026, the Company issued a press release announcing the pricing of the IPO, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.

On May 1, 2026, the Company issued a press release announcing the closing of the IPO, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K.

Item 9.01. Financial Statements and Exhibits.

Exhibit No.		Description
1.1		Underwriting Agreement, dated April 29, 2026, by and among the Company, D. Boral Capital LLC and ARC Group Securities LLC as representatives of the underwriters named therein.

3.1		Amended and Restated Memorandum and Articles of Association

4.1		Warrant Agreement, dated April 29, 2026, by and between the Company and Efficiency, INC.

4.2		Rights Agreement, dated April 29, 2026, by and between the Company and Efficiency, INC.

10.1		Letter Agreement, dated April 29, 2026, by and between the Company, its executive officers, its directors and the Sponsor

10.2		Investment Management Trust Agreement, dated April 29, 2026, by and between the Company and Efficiency, INC.

10.3		Registration Rights Agreement, dated April 29, 2026, among the Company, the Sponsor and the Holders signatory thereto

10.4		Private Units Purchase Agreement, dated April 29, 2026, between the Company and the Sponsor

10.5		Indemnity Agreement, dated April 29, 2026, among the Company and Kiu Cu Seng.

10.6		Indemnity Agreement, dated April 29, 2026, among the Company and Ian Hanna.

10.7		Indemnity Agreement, dated April 29, 2026, among the Company and Dr. Satis Waran Nair Krishnan.

10.8		Indemnity Agreement, dated April 29, 2026, among the Company and Inigo Angel Laurduraj.

10.9		Indemnity Agreement, dated April 29, 2026, among the Company and Soon Ping Pappas.

10.10		Indemnity Agreement, dated April 29, 2026, among the Company and Datuk Dr. Doris Wong Sing Ee.

10.11		Administrative Services Agreement, dated April 29, 2026, by and between the Company and the Sponsor.

99.1		Press Release, dated April 29, 2026.

99.2		Press Release, dated May 1, 2026.

104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: May 4, 2026

ARC Group Acquisition I Corp

By:	/s/ Datuk Dr. Doris Wong Sing Ee
Name:	Datuk Dr. Doris Wong Sing Ee
Title:	Chief Executive Officer and Director

Exhibit 99.1

ARC Group Acquisition I Corp Announces Pricing of $105,000,000 Initial Public Offering

NEW YORK, April 29, 2026 (GLOBE NEWSWIRE) — ARC Group Acquisition I Corp (the “Company”) announced today the pricing of its initial public offering of 10,500,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on the Nasdaq Stock Market LLC under the ticker symbol “ARCLU” beginning April 30, 2026. Each unit consists of one Class A ordinary share, one redeemable warrant of the Company, and one right to receive one-fourth (1/4) of one Class A ordinary share upon the consummation of an initial business combination. Each warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares, warrants and rights will be listed on the Nasdaq Stock Market LLC under the symbols “ARCL,” “ARCLW” and “ARCLR,” respectively. The offering is expected to close on May 1, 2026, subject to customary closing conditions.

The Company is a blank check company incorporated as a British Virgin Islands business company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. While the Company may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to identify and acquire a business where it believes its management teams’ and its affiliates’ expertise will provide it with a competitive advantage, including technology, healthcare and logistics industries. The Company is led by Datuk Dr. Doris Wong Sing Ee, its Chief Executive Officer and Executive Director, Ian Hanna, its Chief Operating Officer and Executive Director, and Kiu Cu Seng, its Chief Financial Officer.

ARC Group Securities LLC acted as the representative of the underwriters of the offering. The underwriters have been granted a 45-day option to purchase up to an additional 1,575,000 units offered by the Company to cover over-allotments, if any.

Rimon P.C. serves as legal counsel to the Company on the initial public offering, and Forbes Hare serves as British Virgin Islands legal counsel to the Company. Paul Hastings LLP serves as legal counsel to ARC Group Securities LLC.

The public offering was made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from ARC Group Securities LLC at 398 S. Mill Avenue, Suite 306, Tempe, AZ 85281, or by email at operations@arc-securities.com. A registration statement on Form S-1 (File No. 333-288410) relating to the securities was declared effective by the U.S. Securities and Exchange Commission on April 27, 2026. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds from the offering. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the Company will ultimately complete a business combination transaction. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus relating to the offering filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

ARC Group Acquisition I Corp.

398 S. Mill Avenue, Suite 306

Tempe, Arizona 85284

Attn: Datuk Dr. Doris Wong Sing Ee

Chief Executive Officer & Executive Director

(928) 625-0928

Exhibit 99.2

ARC Group Acquisition I Corp Announces Closing of $120,750,000 Initial Public Offering

NEW YORK, May 1, 2026 (GLOBE NEWSWIRE) — ARC Group Acquisition I Corp (NASDAQ: ARCL) (the “Company”) announced today that it closed its initial public offering on May 1, 2026, selling 12,075,000 units at $10.00 each, including 1,575,000 units issued pursuant to the exercise of the underwriters’ over-allotment option in full, for total gross proceeds of $120,750,000.

Units began trading on the Nasdaq Global Market (“NASDAQ”) under ticker symbol “ARCLU” on April 30, 2026; separate listings are expected for Class A shares, warrants and rights. Each unit consists of one Class A ordinary share, one redeemable warrant and one right to acquire one-fourth (1/4th) of one Class A ordinary share upon consummation of an initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares, warrants and rights are expected to be listed on NASDAQ under the symbols “ARCL,” “ARCLW” and “ARCLR,” respectively.

The Company is a blank check company incorporated as a British Virgin Islands business company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition opportunity in any business, industry, sector or geographical location, it intends to identify and acquire a business where it believes its management teams’ and its affiliates’ expertise will provide it with a competitive advantage, including technology, healthcare and logistics industries. The Company is led by Datuk Dr. Doris Wong Sing Ee, its Chief Executive Officer and Executive Director, Ian Hanna, its Chief Operating Officer and Executive Director, and Kiu Cu Seng, its Chief Financial Officer.

ARC Group Securities LLC acted as the representative of the underwriters of the offering.

Rimon P.C. served as legal counsel to the Company on the initial public offering, and Forbes Hare served as British Virgin Islands legal counsel to the Company. Paul Hastings LLP served as legal counsel to ARC Group Securities LLC.

The public offering was made only by means of a prospectus. When available, copies of the prospectus relating to the offering may be obtained from ARC Group Securities LLC at 398 S. Mill Avenue, Suite 306, Tempe, AZ 85281, or by email at operations@arc-securities.com. A registration statement on Form S-1 (File No. 333-288410) relating to the securities was declared effective on April 27, 2026. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated use of the net proceeds from the offering. No assurance can be given that the Company will ultimately complete a business combination transaction. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the Company’s offering filed with the U.S. Securities and Exchange Commission (the “SEC”). Copies of these documents are available on the SEC’s website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

ARC Group Acquisition I Corp.

398 S Mill Avenue, Suite 306

Tempe, AZ 85284

Attn: Datuk Dr. Doris Wong Sing Ee
Chief Executive Officer & Executive Director
(928) 625-0928

Source: View Original Filing on SEC EDGAR

FAQ

What did ARC Group Acquisition I Corp raise in its ARCL SPAC IPO?

ARC Group Acquisition I Corp raised gross proceeds of $120,750,000 by selling 12,075,000 units at $10.00 per unit, including the full 1,575,000-unit over-allotment. Each unit bundles a Class A share, a redeemable warrant and a right to additional share exposure.

How are ARC Group Acquisition I Corp’s SPAC IPO proceeds held?

The company placed $120,750,000 of net proceeds from the IPO and private placement into a U.S.-based trust account with Efficiency, INC. Funds stay there until a business combination, certain charter-related redemptions, or liquidation, aside from limited withdrawals for taxes and dissolution expenses.

What securities are included in ARC Group Acquisition I Corp’s units (ARCLU)?

Each unit includes one Class A ordinary share, one redeemable warrant, and one right to receive one-fourth of a Class A ordinary share. Each warrant allows purchase of one Class A ordinary share at $11.50 per share, subject to adjustments described in the governing agreements.

What is ARC Group Acquisition I Corp’s timeline to complete a business combination?

The company’s charter requires completing an initial business combination within 12 months from the IPO closing, with a possible extension to 15 months via a single three-month extension. If it fails to combine within this period, the public shares are subject to redemption and the company may liquidate.

Which sectors does ARC Group Acquisition I Corp intend to target for its business combination?

The company may pursue any industry or geography but intends to seek a business where management’s and affiliates’ expertise offers an advantage, including in technology, healthcare and logistics. The excerpt does not identify specific target companies, only these focus areas.

Filing Exhibits & Attachments

26 documents

ARC Group Acquisition I Corp (NASDAQ: ARCL) completes $120.75M SPAC IPO and funds trust

Rhea-AI Filing Summary

Positive

Negative