Here are the 10-K annual reports from D. Boral ARC Acquisition I Corp. (BCAR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow BCAR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BCAR filings page.
D. Boral ARC Acquisition I Corp. (BCAR) is a SPAC formed to complete a business combination. It raised $250,000,000 in its IPO on August 1, 2025 and a further $30,000,000 from a partial over-allotment, selling 28,000,000 units at $10.00 each. As of December 31, 2025, about $284,776,628 was held in a trust account and $420,340 in cash was available outside the trust, producing net income of $4,455,970 mainly from interest.
On January 11, 2026, BCAR agreed to merge with Exascale Labs Inc. via a Delaware reincorporation and subsequent merger, with aggregate merger consideration of $500,000,000 payable in 50,000,000 PubCo shares valued at $10.00 each, plus PubCo shares for Exascale SAFE holders. Public shareholders will have redemption rights at approximately $10.00 per share in connection with the initial business combination, subject to cash conditions.
The company has until 18 months after the IPO, with one three‑month extension at the sponsor’s option and potential further shareholder‑approved extensions, to close a business combination or redeem all public shares. Its auditor included a going concern explanatory paragraph, noting limited working capital of $585,863 as of December 31, 2025 and uncertainty that a deal or additional financing will be completed in time.