---
title: "D Boral ARC Acquisition I | 10-K: FY2025 Revenue: USD 0"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279263951.md"
datetime: "2026-03-16T12:21:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279263951.md)
  - [en](https://longbridge.com/en/news/279263951.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279263951.md)
---

# D Boral ARC Acquisition I | 10-K: FY2025 Revenue: USD 0

Revenue: As of FY2025, the actual value is USD 0.

EPS: As of FY2025, the actual value is USD 0.16.

EBIT: As of FY2025, the actual value is USD -5.097 M.

D. Boral ARC Acquisition I Corp. operates as a blank check company with a single operating segment and has not generated any operating revenues to date, with activities primarily consisting of organizational efforts and IPO preparations from inception (March 20, 2025) to December 31, 2025.

#### Financial Performance (March 20, 2025 - December 31, 2025)

-   **Net Income**: D. Boral ARC Acquisition I Corp. reported a net income of $4,455,970 for the period from March 20, 2025 (inception) through December 31, 2025.
-   **Loss from Operations**: The company incurred a loss from operations of - $320,658.
-   **Formation and Operating Costs**: Total formation and operating costs amounted to $320,658.
-   **Interest Income on Trust Account**: The company generated $4,776,628 in interest income on cash held in the trust account.

#### Liquidity and Capital Resources (as of December 31, 2025)

-   **Cash**: D. Boral ARC Acquisition I Corp. held $420,340 in cash outside of the Trust Account.
-   **Working Capital**: The company reported working capital of $585,863.
-   **Cash Held in Trust Account**: Funds in the trust account totaled approximately $284,776,628.

#### Outlook

D. Boral ARC Acquisition I Corp. entered into a Merger Agreement on January 11, 2026, to acquire Exascale Labs Inc. for $500,000,000, payable in newly issued shares. The company anticipates continued significant costs and negative cash flows from operations until the business combination is completed. Substantial doubt exists regarding the company’s ability to continue as a going concern if a business combination is not successfully completed within the allotted timeframe due to its current liquidity and mandatory liquidation provisions.

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